.: The Economic Times Markets Watch Newsletter

Thursday, 10 January 2013

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	Dated:10 January,2013

Top Headlines

The Sensex ended 3.04 points lower to 19,663.55. It touched the day's high of 19,783.75. The index had lost 76 points in the previous session.

Infosys is expected to report a 6% sequential drop in its net profit for the quarter ended December 31 to Rs 2225 cr, according to ET Now estimates.

"I will not be surprised even if we see de-growth in the IIP of consumer goods in the month of November," says Dr Devendra Pant.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Citigroup cuts India's rating from 'Neutral' to 'Underweight'
Citigroup sees BSE Sensex rising by 7% more from current levels in 2013, with a target of 20,800. The group favours cyclical stocks.

Markets unlikely to fall unless FIIs hit panic button: Sajiv Dhawan
"If there is some very bad results, that could be an excuse for sell off but until that happens we would prefer to buy the Nifty on any significant decline."

Expect HDFC Bank, Axis Bank to rally 20% from current levels: Macquarie
Macquarie says there is hard to find any flaw in the business model of HDFC Bank as it has above-average industry growth rate with stable margins.

Market Round-up

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