Market Outlook: Indian markets may have negative opening today on the back of weak global cues as Wall Street ends lower; on the back of financials, commodities drag &
Results today: Reliance Power, RNRL, Wipro, Tata Steel, Ispat, Jet Airways, Kingfisher, Kotak Mahindra Bank, PFC, Cadila, Crompton Greaves, Dewan Housing, Dish TV, Everest Kanto, Fortis Healthcare, GMR Industries, Gokaldas, HMT, IFCI, Lanco Infratech. Abhishek Ind, Aegis Logistics, Alfa Laval, Aro Granite, Astrazeneca, Aventis, Birla Cotsyn, BOC India, CCL Products, Ceat, Datamatics Global, Deepak Fertilizers, Emco, Finolex Cables, Fresenius Kabi, Genus Power, GIC Housing, GTL, Himatsingka Seide, Hindustan Copper, Indo Tech Transformers, Indraprastha Gas, Inox Leisure, Ipca Labs, Jagran Prakashan, Jai Corp, Jindal Drilling, JK Lakshmi Cement, Jyothy Laboratories, Jyoti Structures, Kansai Nerolac, Lotus Eye Care, Madras Cements, Maharashtra Seamless, Mahindra Forgings, Mahindra Holidays, Mahindra Ugine, Mangalam Cement, Mcleod Russel, Morepen Laboratories, Mukta Arts, Nitin Fire, Ratnamani Metals, SEAMEC, SPIC, Subros, Phoenix Mills, Tourism Finance, Trent, Trigyn Tech, Unity Infraprojects, UTV Software, Vivimed Labs, Zensar Tech
Global events to watch for today:
- ICSC-Goldman Store Sales
- S&P Case-Shiller HPI
- US Consumer Confidence
- State Street Investor Confidence Index
- 4-Week Bill Auction
- 2-Yr Note Auction
Global indices Update @ 9:
Dow Jones : 9867 (-104.22)
Nasdaq : 2141 (-12.62)
Nikkei 225 : 10210 (-151.77)
Hang seng : 22222 (-367.02)
SGX CNX Nifty : 4932 (-39.5)
INR / 1 USD : 46.58
On the global counter: Wall Street ends lower; financials, commodities drag &
Stocks in action for the day: Tata Motors, Idea, Wipro, Sesa Goa, RIL
RIL-RNRL Hearing to resume at SC on today
Tata Motors Q2: -Revenues up 13% at Rs 7,978 crore versus Rs 7,078 crore -OPM at 13.1% versus 7.4% -Reported PAT up 2.1 times at Rs 749 crore versus Rs 347 crore -APAT up 39% at Rs 379 crore versus Rs 272 crore ((Other income includes Rs 370 crore from sale of Tata steel shares)) -Forex loss of Rs 15 crore versus Rs 245 crore
Idea Cellular -: -Idea Cellular launches 1 paise per second tariff in Mumbai -Idea Cellular tariff applicable to all local and STD calls -Idea Cellular tariff applicable only in Mumbai -Idea Cellular tariff only for pre-paid subscribers as of Now
Vijay Mallya: -Paid off $500 million of Whyte & Mackay acquisition debts -Not actively considering stake dilution in Whyte & Mackay -Treasury stock in hand currently at about $200 million -No need to raise funds currently
Satyam to be merged with Tech Mahindra after June next year: The Mahindra group, the new owner of Satyam Computers and the largest shareholder in Tech Mahindra, is set to merge the two companies after June next year to transform the combined entity into an Indian information and communication technology powerhouse.
Govt plans to say
Entertainment Network
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