The Economic Times Markets Watch Newsletter

	Dated:17 January,2011

Top Headlines Sensex ends in green; HDFC, Infosys, Cipla up Benchmarks ended volatile session in the positive terrain snapping two-day losing streak. Sebi order hits stocks of Anil Ambani Group companies, R-Infra at year-low Sebi said on Friday that it has settled a probe into alleged violation of regulations for foreign investment and unfair trade practices by RNRL and R-Infra. Jindal Power $1.6 bn IPO to hit by April: Report Jindal Power, a unit of Jindal Steel & Power Ltd, is likely to launch its Rs 72-bn IPO by March or April, "if market conditions are okay," a source said. Views on Stocks/Markets Buy RIL target 1040: Ashwani Gujral Infosys is a buying opportunity: Sudarshan Sukhani Avoid buying JP Associates: Ashwani Gujral IPO/Global Markets European shares turns negative Japanese stocks end mixed Hong Kong shares end 0.52% lower Rupee / Gold Gold down by Rs 4 Re extends losses to 1-mnth lows Gold rises on firm global cues More 'Market' News Six merchant bankers shortlisted for ONGC FPO Bank of America, Citigroup and HSBC are among six banks that will manage the sale of government's 5 per cent stake in Oil and Natural Gas Corp (ONGC). Airline stocks down on fuel price hike Shares of aviation firms fell in a firm mkt on margin worries after oil marketing cos raised aviation fuel prices during the weekend, dealers said. Indian cash rates inch higher on strong demand Indian cash rates crawled higher on Monday on back of strong demand for funds at the start of a new reporting fortnight.

Market Round-up SENSEX 18882.25 21.81 NIFTY 5654.75 0.20 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Cords Cable Industries Lt 37.40 + 13.33 PBA Infrastructure Ltd. 70.70 + 13.30 Saksoft Ltd. 48.20 + 10.30 Gitanjali Gems Ltd. 196.70 + 7.55 Bombay Burmah Trading Cor 480.35 + 6.76 NSE Losers Scrip Price(Rs.) %Change Andhra Cements Ltd. 10.65 -16.47 Wanbury Ltd. 36.35 -13.35 Nicco Corporation Ltd. 3.55 -10.13 Agre Developers Ltd. 53.30 -9.97 Shekhawati Poly Yarn Ltd. 27.40 -9.87