.: The Economic Times Markets Watch Newsletter

Thursday 17 January 2013

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	Dated:17 January,2013

Top Headlines

Markets advanced for the third time in four days, led by gains in state-run oil companies after the government allowed them to set diesel prices.

"The macro environment in China has stabilised, but the index composition is less attractive than India," says Adrian Mowat.

HCL Technologies surged nearly 7% to hit its 12-year high after the company reported better-than-expected second quarter results.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

UBS remains bullish on Indian markets; upgrades IT, metals
UBS remains bullish on Indian shares, but says returns in 2013 would be front-loaded as first half would be supported by an easing rate cycle.

Partial deregulation of diesel prices may lead to re-rating of oil space: Analysts
According to analysts, the move is positive for HPCL, BPCL, ONGC and Oil India Ltd. OMCs are currently losing a little over Rs 9/ltr on diesel.

Expect RBI to lower interest rate by 25 bps in Jan policy: Prabhudas Lilladher
"The reforms needs to continue and the most important fact is the realignment of energy prices, diesel and LPG prices in line with global prices."

Market Round-up

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