The Economic Times Daily Newsletter

	Dated:January 20,2011

Top Headlines Sensex may test 16000 levels at least: Marc Faber Marc Faber, Editor of The Gloom, Boom & Doom, says the Indian markets will remain range-bound for the next few months. He advises to accumulate gold and silver. Is iGate deal an opportunity or challenge for Patni? Are the prospects of a bigger company reason enough to hold on to Patni's stock or is the integration challenge a cue to sell? Government to court private and foreign investors to help build cities India needs to spend $1.2 trillion by 2030 to meet the projected demand of its cities, a McKinsey Global Institute Report showed last year. Most Read Story Mobile Number Portability is here. But think before you switch Surveys reveal that the net effect of MNP is practically negligible with most operators gaining, losing roughly the same number of subscribers. Most E-mailed Story Eight Indian MFs in World's 25 best funds in a decade Eight MF schemes, including SBI Magnum Contra, HDFC Equity and Rel Growth, are among 25 best-performing open-ended equity funds in the world. Most Commented Story Black money info can't be made public: PM The Centre's contention before the court is that it was case of tax evasion and it cannot make public the names of Indian account holders. Latest Updates SEBI nod to Karnataka Bank rights issue 'India likely to attract $250bn FDI in next 5 yrs' HCL Info gets multi-cr rupee order from Assam Ford to sign MOU to export vehicles to China		Market Round-up SENSEX 19046.54 68.22 NIFTY 5711.60 20.55 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Krishna Engineering Works 3.80 + 20.63 Ajanta Pharma Ltd. 220.10 + 19.23 Lloyds Steel Industries L 21.70 + 15.73 Indo Rama Synthetics (Ind 70.65 + 14.78 Nicco Corporation Ltd. 3.90 + 13.04 NSE Losers Scrip Price(Rs.) %Change Mid-Day Multimedia Ltd. 8.65 -78.24 NRC Ltd. 6.70 -18.79 Star Paper Mills Ltd. 23.85 -9.49 Shekhawati Poly Yarn Ltd. 23.20 -8.66 Surana Corporation Ltd. 126.05 -7.93