The Economic Times Markets Watch Newsletter

	Dated:11 February,2011

Top Headlines Nifty ends above 5300; JPAsso, IDFC, Tata Motors up The onset of relief rally in the afternoon helped benchmarks to end above psychological resistance levels on the last trading day of the week. India may surpass China in GDP growth in 10 yrs: Nirmal Jain India still keeps chugging along and is now moving at 8.5-9% per annum which is one of the fastest growth rates, says Nirmal Jain, Chairman of IIFL. ADAG identifies rogue brokers, seeks SEBI action ADAG said these brokers were sending out mass emails and SMSs and were also making voice calls with baseless and sensational charges against its firms. Views on Stocks/Markets Markets are reasonably priced: Bajaj Allianz Life Insurance In post-recession market, diversification doesn't pay Check out experts' recommendations on infra stocks IPO/Global Markets IOC's Rs 20K cr public issue on hold PTC India unit mulls Rs 6 bn via IPO SAIL FPO in March Rupee / Gold Re gains 4 paise Gold buyers put off Gold gains more on demand More 'Market' News 2G scam: Unitech officials may be grilled; stock down After the arrest of Swan Telecom promoter Shahid Balwa, the focus of the CBI is now on Unitech that earned a quick profit of nearly 267%. Tata Motors profit soars; shares end 3.8 pc up Tata Motors reported quarterly net profit nearly quadrupled, topping forecasts, on strong demand in India and improved performance at its JLR unit. Cairn India stock surge 5 pc on smart Q3 earnings Cheering Cairn India's handsome earnings in the December quarter, shares of the oil and gas exploration company advanced by nearly 5%.

Market Round-up SENSEX 17728.61 265.57 NIFTY 5310.00 84.20 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Dhanus Technologies Ltd. 12.65 + 19.91 Simplex Projects Ltd. 181.50 + 19.41 Gitanjali Gems Ltd. 226.05 + 19.10 Everonn Education Ltd. 537.85 + 17.20 Viceroy Hotels Ltd. 33.50 + 16.52 NSE Losers Scrip Price(Rs.) %Change Omkar Speciality Chemical 38.40 -17.33 Summit Securities Ltd. 109.90 -9.44 Remsons Industries Ltd. 20.00 -8.47 Rane Engine Valve Ltd. 223.35 -8.09 Thiru Arooran Sugars Ltd. 108.05 -6.97