Market Outlook: Indian markets are headed for a weak opening tracking the weakness across global markets. However, stock-specific action is likely ahead of the Railway Budget scheduled later today. The F&O expiry for February series due Thursday will also keep the market volatile.
Global Events to watch for today
- Bank Reserve Settlement
- MBA Purchase Applications
- New Home Sales
- Petroleum Status Report
Global indices Update @ 8:
Dow Jones : 10282 (- 100.9)
NASDAQ : 2213 (- 28.59)
Nikkei 225 : 10163 (- 188.8)
Hang seng : 20482 (- 140.2)
SGX CNX Nifty : 4835 (- 45.00)
INR / 1 USD : 46.13
On the global counter: Wall Street slips on disappointing economic data & Asia trading lower; Hang Seng, Nikkei, Straits Times down. In the
Stocks in action for the day: Mah Forgings, Nagarjuna Const, MindTree
DB realty list today: Issue price of Rs 468 (lower end); Overall subscription at 2.95x
Emmbi polyarns lists today Issue price at 45 (upper end of 40-45); subscribed 1.2X
UBI IPO (closes tom) Total subscription at 1.88X QIB at 3.2X, NNI at 0.004X, Retail at 0.122X
REC FPO Update: Overall Subscribed 3.1x QIB 5.6x, NII 1.7x,Retail 0.2x
From Sources: FII Demand At 1x REC FPO Book 40% Demand Seen From FIIs, 40% From Insurance Cos; 13% Demand Seen From MFs, 7% From Banks Fully Subscribed At 206/sh As Part Of French Auction Process Most FIIs & MFs Bids At Rs 206/sh LIC May Not Get Any Allotment As Its Bid Was At Rs 205/sh 44% Of Demand Came At Rs 205, 30% At Rs 206 & 9% At Rs 204 Govt Srcs Govt Satisfied With Bids For REC FPO As Many As 116 FII’s Applied In FPO; Most Bids By FII’s Were Around Rs 206
Results today: Bata,
Alert: Hathway Cable & Datacom to list tom
Bharti Zain Deal: Bharti
Maruti recall: Sources Say 1 Lakh
Maruti Says CNBC-TV18 Exclusive Replacing gasket for all A stars manufactured till august 09 No Significant Financial Liability On Account Of Recall
Mahindra Forgings QIP Issue Closes:Raises Rs 175 Cr (Upper-end Of Book); QIP Issue Priced At Rs 107.75/sh Post Equity Dilution Of 19.2%
Vesuvius
Satyam Says Filed Lawsuit Against Upaid On Monday
Nagarjuna Constructions bags Rs 648 cr road projects in Hyd; Project part of civil works in outer ring road
Govt has finalized the pre-qualifying bid for the 12,000cr Hyd Metro Rail Project
Players are L&T, Lanco Infra, Reliance Infra, Essar-Gayatri consortium, GMR Infra, GVK-Samsung, Transstroy-OJSC & Soma-Strabag
HMRL to go for financial bid in April
MindTree board
Texmaco to hive off engineering, steel foundry unit into new subsidiary
ATC to buy Essar Tele Infra for $450m
Gujarat Petrosynthese buy back at Rs 40/sh
Spectacle Industries bd approves Pref issue to non-promoters of upto Rs. 18 cr and inv upto Rs 30 cr
Parenteral Drugs signs MOU with
No comments:
Post a Comment