The Economic Times Markets Watch Newsletter

	Dated:18 January,2011

Top Headlines Sensex ends 209.80 points up; tech, metals, pharma up Analysts say that market is expected to drift lower in coming session and pull-back rally must be used to book profits. ADAG shareholders lose Rs 6.5k cr after Sebi order Shareholders in ADAG's six cos lost more than Rs 6,500 cr after a Rs 50 cr consent order settlement between the group and Sebi. There'll be more buoyancy in equity than in gold, debt In an increasingly integrated world, the potential factors influencing an already wide decision-making framework for investments have widened further. Views on Stocks/Markets ITC is a good steady mover: Ashwani Gujral Stay out of SAIL: Technical Trends JSW Steel is a buy on dips: Sudarshan Sukhani IPO/Global Markets Jindal Power IPO to hit mkt by April European shares at 28-mth high Asian shares mixed Rupee / Gold Rupee ends at Rs 45.42/43 Rupee largely steady Gold surges on firm global cues More 'Market' News Sebi asks FIIs to monitor PN beneficiaries Capital market regulator the Securities and Exchange Board of India (Sebi) has put the onus on foreign institutions, which issue participatory notes, to keep a tab on the final beneficiary of this derivatives instrument. RCom draws down $255mn via ECB for 3G spectrum RCom has drawn down $ 255 mn around Rs 1155 cr by way of external commercial borrowing to part refinance resources for 3G spectrum fee payment. Bond yields, swaps steady; sentiment cautious Federal bond yields steadied after inching up on Monday amid low volumes in the absence of fresh cues, but caution on imminent rate hikes prevailed.

Market Round-up SENSEX 19092.05 209.80 NIFTY 5724.05 69.30 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Celestial Biolabs Ltd. 26.85 + 17.76 Thinksoft Global Services 85.40 + 11.56 Opto Circuits India Ltd. 249.60 + 10.96 Nelcast Ltd. 130.40 + 10.70 KPIT Cummins Infosystems 160.25 + 10.29 NSE Losers Scrip Price(Rs.) %Change Alps Industries Ltd. 5.30 -14.52 Andhra Cements Ltd. 9.40 -11.74 Exide Industries Ltd. 137.80 -10.95 Agre Developers Ltd. 48.00 -9.94 Orient Press Ltd. 90.55 -8.95