Only a global shock can take Nifty to 4400 levels: Sundaram MF

Dated:October 20,2011


The market is in a prolonged phase of time rather than price correction, there will be sharp falls & sharp recoveries, says Satish Ramanathan.

Asia-Pacific will drive further growth in feature phones and smartphones over the next few years, while European and US markets stagnate, analysts say.

Linking the once-fashionable MG Road business district with Baiyappanahalli, the Metro is projected to carry 30,000 passengers a day.


Market Round-up
SENSEX 16936.89 -148.45
NIFTY 5091.90 -47.25
NASDAQ 2141.54 17.78
DJIA 10060.06 19.61
RS/$ 46.79 -0.14

NSE Gainers
Scrip Price(Rs.) %Change
M And B Switchgears Ltd.
318.40 + 71.18
Indo Count Industries Ltd
9.50 + 10.47
Refex Refrigerants Ltd.
13.95 + 10.28
Gallantt Metal Ltd.
26.80 + 10.06
ECE Industries Ltd.
114.65 + 9.98

NSE Losers
Scrip Price(Rs.) %Change
Taksheel Solutions Ltd.
46.55 -19.95
Aanjaneya Lifecare Ltd.
321.85 -17.46
Keynote Corporate Service
41.10 -14.20
Impex Ferro Tech Ltd.
7.10 -8.97
Next Mediaworks Ltd.
4.80 -8.57


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