Nifty closes at 5750 ahead of RBI meet - The Economic Times Markets Watch Newsletter

	Dated:29 April,2011

Market Round-up SENSEX 19135.96 -156.06 NIFTY 5749.50 -35.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Surya Roshni Ltd. 104.75 + 12.27 AVT Natural Products Ltd. 143.85 + 11.95 Bharat Rasayan Ltd. 97.50 + 11.36 SRHHL Industries Ltd. 4.70 + 10.59 Malwa Cotton Spinning Mil 51.35 + 9.26 NSE Losers Scrip Price(Rs.) %Change Balaji Amines Ltd. 43.85 -11.59 Dhunseri Investments Ltd. 73.60 -11.22 Elgi Equipments Ltd. 86.40 -11.16 Crompton Greaves Ltd. 252.20 -10.11 Kesoram Industries Ltd. 195.20 -10.00

Top Headlines Nifty closes at 5750 ahead of RBI meet Nifty ended at 5,749.50, down 35.95 points or 0.62 per cent. The broader index touched a high of 5804.30 and low of 5706.05 in today's trade. Expect Sensex to be in 20500-20600 range by year-end: Crisil Equities Crisil Equities expects the second half of the year to be better than the first half as most of the macroeconomic factors will ease. Apple launches iPad 2 in India; priced between Rs 29,500 and Rs 46,900 Apple's iPad 2 hit Indian stores, just over a month after the company started selling the updated version of its popular tablet device in the US. Views on Stocks/Markets Stocks with earnings growth & decent valuation a good buy: Principal Investors A lot of factors weighing down on markets: Girish pai Growth of large-cap IT stocks not slowing: Viju George, JP Morgan IPO/Global Markets World stocks cautious on US growth Future Ventures IPO scrapes through Australia shares close 1 pc down Rupee / Gold Gold climbs to new high Re climbs to near 3-wk high Gold futures eases More 'Market' News Market cautious on shrinking profits; mid-caps may outperform in May Traders have turned cautious due to shrinking profitability and possible interest rate increase next week during the monetary policy review. The Fed Reserve cannot stop a global bull run: Mark Mobius, Templeton Global equities bull market will weather any halt in bond purchases by the Fed amid rising US investment in emerging markets, feels Mobius. Hero Honda to pay 45 bn yen to Honda for licencing till 2014 Hero Honda will pay Honda about Rs 2,450 crore till 2014 as part of a new licencing agreement signed between the Hero Group & Japanese auto major.