The Economic Times Markets Watch Newsletter

	Dated:20 January,2011

Top Headlines Sensex ends above 19000; RCom, ICICI, HDFC Bank up Markets ended in the green as buying activity emerged near psychological support levels. Sensex may test 16000 levels at least: Marc Faber, Editor, The Gloom, Boom & Doom 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. SRF shares surge as Oct-Dec net zooms Shares of SRF extended gains to 10 percent after the company said its net profit in Oct-Dec surged to Rs 1,711.7 million, compared with Rs 376 million a year ago. Views on Stocks/Markets SRF is a buy: Sudarshan Sukhani Fortis Healthcare is in a pretty strong decline: Deepak Mohoni Given the choppy environment, ONGC is a buy: Sudarshan Sukhani IPO/Global Markets Europe shares edge lower; miners dip on China data India bonds steady as mood cautious ahead of RBI review Bond yields ease; volume low, traders wary Rupee / Gold Rupee ends at 45.53/54 Rupee falls to 7-week low on weak shares Gold snaps gaining streak; buying recoils More 'Market' News LIC Housing Fin on winning spree, scrip rise for third day in a row Maintaining the gaining momentum for the third straight session, shares of LIC Housing Finance advanced by over 3 per cent in the early trade on BSE. 'Accumulate' GAIL for target of Rs 530: Angel Angel Broking is bullish on GAIL India after the company reported 12.5% yoy growth in bottom-line to Rs 968 crore. C Mahendra Exports debuts at Rs 111 on BSE Diamond jewellery maker C Mahendra Exports today listed at Rs 111 on the Bombay Stock Exchange, marginally higher by 0.90 per cent over the issue price.

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