The Economic Times Markets Watch Newsletter

	Dated:21 March,2011

Top Headlines Sensex slips 0.2 pc as Libya, oil worries weigh Markets edged 0.2 per cent lower in a choppy trading session on Monday as an escalating Libyan crisis and firm oil prices weighed on investor sentiment. Underweight on India for now: BNP Paribas Investment Partners The consensus view is that India does have some near-term weaknesses and the focus is on fiscal deficit, says Simon Godfrey. Solace from inflation: Companies hike salaries by 40 per cent With day-to-day living turning costlier, companies have raised salaries to as high as 40 per cent especially at the junior levels, say experts. Views on Stocks/Markets Market's intermediate trend is down: Sudarshan Sukhani Wait and watch for Maruti Suzuki: Ashwani Gujral Experts views on markets and what investors should do IPO/Global Markets SAIL to file for share sale in May European shares up on telecoms Asia shares up on Japan hopes Rupee / Gold Gold, silver spurt on global cues Rupee ends up as euro aids Silver futures up on Asian trend More 'Market' News SBI bonds listing: Dalal Street debut likely to yield 5% returns The attractive yields may prompt institutional investors who did not get those bonds in public sale to lap up when they trade, say investment advisors. Good chances of market correction by 5% to 7%: Angel Broking Looking at economic outlook and credit growth, it appears valuations are good and growth seems to intact, says Dinesh Thakkar, CMD, Angel Broking. Japan a 'buying opportunity', will recover: Warren Buffett Buffett believes Japan's devastating earthquake is the kind of extraordinary event that creates a buying opportunity for shares in Japanese cos.

Market Round-up SENSEX 17839.05 -39.76 NIFTY 5364.75 -8.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Tanfac Industries Ltd. 28.65 + 20.13 Gangotri Textile Ltd. 7.60 + 16.92 Tata Metaliks Ltd. 119.25 + 16.00 Tata Sponge Iron Ltd. 356.15 + 11.84 Sudar Garments Ltd. 104.10 + 11.40 NSE Losers Scrip Price(Rs.) %Change Nucent Estates Ltd. 2.30 -16.36 Pondy Oxides & Chemicals 30.70 -9.71 Impex Ferro Tech Ltd. 8.90 -9.64 STL Global Ltd. 4.70 -9.62 Hind Syntex Ltd. 3.30 -9.59