The Economic Times Markets Watch Newsletter

	Dated:17 February,2011

Top Headlines Sensex ends above 18500; IDFC, HDFC, Suzlon, Bharti up Sustained buying activity across the board helped the benchmarks to close near psychological resistance levels. India continues to be the most expensive Asian market: BNP Paribas Wealth Mgt In an interview with ET Now, Andrew Freris, Investment Strategist, BNP Paribas Wealth Management, gives his views on current markets environment. FII selling biggest opportunity for investors: Reliance MF India is definitely in a much healthier position than any of the developed world, says Sunil Singhania of Reliance MF. Views on Stocks/Markets Buy State Bank of India: Sudarshan Sukhani Get into realty space for short term STC is actually a buying opportunity IPO/Global Markets Europe shares rise HK shares end 0.63% higher World stocks hit 30-mth high Rupee / Gold Rupee ends at 45.34/35 2011 gold outlook bright Gold buying edges up More 'Market' News Aventis Pharma surges by 6 pc on BSE Shares of Aventis Pharma rose by nearly 6% in early trade on BSE today, boosted by an over four-fold jump in net profit for quarter ended Dec 31, 2010. Indian cash rates inch up on steady demand Indian overnight cash rates continued to be firm tracking steady demand from cash-strapped banks in absence of any major govt spending. SAIL to invest Rs 15000 cr in Mongolia; stock up SAIL will set up a three mtpa plant in Mongolia with around Rs 15,000 cr investment.

Market Round-up SENSEX 18506.82 205.92 NIFTY 5546.45 64.75 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Zee Learn Ltd. 25.45 + 20.05 ECE Industries Ltd. 126.60 + 20.00 ARSS Infrastructure Proje 732.05 + 19.71 Madhucon Projects Ltd. 110.15 + 19.08 Everonn Education Ltd. 638.30 + 16.92 NSE Losers Scrip Price(Rs.) %Change Karur Vysya Bank Ltd. 421.45 -20.57 Pioneer Distilleries Ltd. 66.05 -9.95 Peria Karamalai Tea & Pro 123.50 -6.90 Quintegra Solutions Ltd. 8.95 -6.77 Jubilant Life Sciences Lt 171.85 -6.76