The Economic Times Markets Watch Newsletter

	Dated:22 March,2011

Top Headlines Sensex snaps 3-day fall; Reliance Industries, Coal India gain Indian markets snapped a three-day fall and firmed 0.8 per cent on Tuesday, supported by a rebound in Japan and gains in other markets Finance Minister withdraws proposed service tax on healthcare FM also provided some relief to readymade garment manufacturers by raising the abatement available for levy of taxes on retail price of some branded garments. Lots of opportunities for Warren Buffett in India: Motilal Oswal One of the first things which come to me is the kind of wisdom Buffett has spread about investing, says Raamdeo Agrawal, Motilal Oswal Financial Services Views on Stocks/Markets Market may drift on the downside: Sudarshan Sukhani Avoid real estate stocks for now: Prashastha Seth Indian mkt valuation will look attractive at 5000 level: India Infoline IPO/Global Markets Global stocks eke out gains BILT plans $330 mn London IPO Tokyo shares close up 4.36% Rupee / Gold Gold, silver slip on profit taking Rupee rises to nearly 3-week high Gold demand may fall 16% in 2011 More 'Market' News India, China can deliver strongest growth among BRICS nations: HSBC We expect growth to slow in FY12 to around 8% as impact of monetary policy tightening that was started last year starts to play in, says Leif Eskesen, HSBC. Coal India soars to record high of Rs 370.90 on BSE Shares of Coal India rose up by nearly 4 per cent, touching a record high of Rs 370.90 on the BSE today, driven by heavy buying by investors. Market Outlook: Experts on where the markets are headed The market outlook is that we have broken down from a trading range and the drift is on the downside.

Market Round-up SENSEX 17988.30 149.25 NIFTY 5413.85 49.10 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Welspun India Ltd. 44.20 + 19.30 Winsome Yarns Ltd. 2.80 + 12.00 Global Vectra Helicorp Lt 26.70 + 11.48 Oudh Sugar Mills Ltd. 31.70 + 11.42 Gulf Oil Corporation Ltd. 82.20 + 10.34 NSE Losers Scrip Price(Rs.) %Change Acropetal Technologies Lt 106.30 -18.54 GSL Nova Petrochemicals L 3.60 -8.86 Ashco Niulab Industries L 2.65 -8.62 Tanfac Industries Ltd. 26.20 -8.55 NRC Ltd. 5.35 -7.76