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News Flash
  • Banks increasingly willing to lend to quality franchises
  • Fiscal measures to enable driving consumer demand
  • Banks remained cautious on lending in H2'CY08
  • Expect liquidity situation to improve going further
  • Significant correction in interest rates going ahead
  • UBS cuts HCL Tech price target to Rs.120 vs Rs.160
  • UBS maintains 'SELL' rating on HCL Tech
  • UBS upgrades Idea Cellular to 'BUY'; target at Rs.100/sh
  • UBS upgrades Bharti Airtel to 'BUY'; target Rs.1000/sh
  • Difficult to sustain the current liquidity driven rally
  • Slowdown in earnings still remains the key concern
  • Difficult to sustain current rally in global equity
  • See huge slowdown in eco growth in next 2-3 months
  • Credit Suisse cuts RIL target by 24% to Rs.1504/share
  • Crude trading lower, trading around $48/bbls
  • Wall St ends muted for second consecutive session
  • Russell 2000 Index of small caps up 1.9%
  • Dow Jones & S&P500 up over 0.5% each
  • Madoff sons reported jewellery violations to U.S.
  • To seek $2.5bn worth damages from Kuwait for breaking deal
  • ISM Non Manufacturing Index at 40.6
  • Pending Home Sales Index down 4% to 82.3
  • Factory sales fell 5.3% in Nov, biggest drop on record
  • High price to affect 3G bids: Sunil Mittal
  • Not desperate to enter 3G: Akhil Gupta
  • Oil officers strike not to affect ONGC, Oil India output
  • PSU oil officers strike not to hit ops of most refiners
  • Crude futures higher; breaches $50/bbl in day trade
  • Urgent OPEC meeting to take place in Kuwait, in Feb
  • IL&FS Trust: Sold 24.52 million shares (3.6%) since Dec-23
Calendar Yearwise Summary
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Financial Yearwise Summary
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Global Crisis
Export woes deepen, contracts 1.6% in Dec
Export woes deepen, contracts 1.6% in Dec
Exports fell for the third straight month, posting a negative growth of 1.6 per cent in December 2008 as demand from key markets continued to remain sluggish.
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