The Economic Times Markets Watch Newsletter

	Dated:15 March,2011

Top Headlines Sensex ends 250 points lower; Maruti, ONGC, DLF down Benchmarks ended in the negative territory but off day's lows as buying activity in heavy-weight Reliance Industries emerged at lower levels. Dalal Street discounts Japan, inflation worries Investor opinion swayed in different directions, with emerging market stocks rallying while Japan revived doubts about sustainability of global recovery. World stocks, oil slump on Japan nuclear fears World stocks hit 2-1/2 month lows and oil fell and the yen surged after reports of rising radiation near Tokyo triggered a 10% fall in Japanese stocks. Views on Stocks/Markets RIL is a safe stock: Gul Tekchandani Hold Ashok Leyland: Gul Tekchandani Tata Steel will have a good time: Gul Tekchandani IPO/Global Markets Australia shares fall HK shares dive 3.84% European shares hit 14-week low Rupee / Gold Gold edges lower Re falls on weak shares Gold falls by Rs 140 More 'Market' News JPMorgan likes India, China, but wary on inflation Increasing inflation may be a risk for investors in India, but market's sentiment-driven volatility can throw up cheap long-term investments for JPMorgan. Stick with the safer stocks or safer sectors: Andrew Holland If you look at the relative performance, then obviously you stick with the safety stocks or safety sectors. IDBI Bank turns positive as advance tax outflow jumps Shares of IDBI Bank shares turned positive after sources told bank has paid Jan-March advance tax of Rs 2.16 bn compared with Rs 250 mn a year ago.

Market Round-up SENSEX 18167.64 -271.84 NIFTY 5449.65 -81.85 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Parrys Sugar Industries L 143.20 + 18.84 Parsvnath Developers Ltd. 33.95 + 10.41 Carol Info Services Ltd. 156.95 + 10.02 Southern Ispat & Energy L 10.00 + 9.89 Shilpa Medicare Ltd. 288.05 + 9.25 NSE Losers Scrip Price(Rs.) %Change National Aluminium Compan 108.20 -77.27 Sudar Garments Ltd. 102.50 -16.50 Nucent Estates Ltd. 2.30 -16.36 Twilight Litaka Pharma Lt 54.80 -12.60 National Oxygen Ltd. 43.35 -10.62