The Economic Times Markets Watch Newsletter

	Dated:18 March,2011

Top Headlines Nifty ends below 5370; RInfra, M&M, RIL, BPCL down Benchmarks ended below psychological support levels as investors offloaded positions from RIL on reports of concerns of fall in gas production. India & China are key growth markets in Asia: Joseph Tan, Credit Suisse Joseph Tan, Director-Private Banking Division, Credit Suisse in an interview talks about impact of Japan crisis on commodity equity markets. Indian markets have shown resilience: Adrian Mowat, JP Morgan Adrian Mowat, MD & Chief EM Strategist, JP Morgan says that there will not be large inflows into emerging markets at the moment. Views on Stocks/Markets Ranbaxy not worth a buy now: Rajat Bose Premature to sell RIL : Angel Broking Buy HDFC on declines with 1-yr view: Angel Broking IPO/Global Markets European shares gain Australia shares up 1.6% China shares end slightly firmer Rupee / Gold Rupee ends up Gold up by Rs 192 Re ends at 45.13/14 More 'Market' News HCL Infosystems surges nearly 7% on winning IAF order Shares of HCL Infosystems jumped by nearly 7% in morning trade on BSE after the company bagged a Rs 300-cr order from Indian Air Force. Dolphin Offshore bags Rs 580 mn contract;stk up SCI has appointed Dolphin Offshore Enterprises as its subcontractor for providing diving services on board ONGC's two multi support vessels. CAG pulls up Sebi, Irda, 3 others for retaining surplus funds CAG has rapped five regulators for keeping their surplus funds worth over Rs 2,142 cr collected through fee and penalty outside the government accounts.

Market Round-up SENSEX 17878.81 -271.06 NIFTY 5373.70 -72.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Dhunseri Investments Ltd. 61.35 + 513.50 Arihant Foundations & Hou 68.25 + 20.05 Piramal Life Sciences Ltd 122.20 + 20.04 IFB Agro Industries Ltd. 80.20 + 13.92 Impex Ferro Tech Ltd. 9.85 + 12.57 NSE Losers Scrip Price(Rs.) %Change Nucent Estates Ltd. 2.30 -16.36 Tips Industries Ltd. 30.35 -11.39 Sudar Garments Ltd. 93.45 -9.93 Landmark Property Develop 2.70 -8.47 Paramount Communications 3.95 -8.14