The Economic Times Markets Watch Newsletter

To ensure delivery directly to your inbox, Please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here.
	Dated:26 February,2013

Top Headlines Rail Budget fails to cheer market; Sensex plunges 316 points to 3-month low Sensex today plummeted by 316.55 points to close at three-month low of 19,015.14 as the rail budget dampened the market sentiment. Risk-off trade may pull Nifty down to 5,600 in near term: Analysts The risk-off trade in global markets is a concern for Indian equities in the near term and any bounce back may get sold into, say analysts. Railway stocks end lower as budget fails to enthuse markets Share prices of companies that cater to the railway sector came under severe selling pressure and tanked by as much as 16 pc on the bourses. Views on Stocks/Markets Sell Hexaware with a stop loss of Rs 85: Ashwani Gujral STBT call on Tata Motors: Mitesh Thacker L&T a good hold from long term perspective: Phani Sekhar IPO/Global Markets Asian markets mostly slip Hong Kong shares close down European stocks slide Rupee / Gold Gold, silver bounce back Rupee weakens Gold eases More 'Market' News Railway Budget 2013 is a balanced one: P Dwarkanath, BEML The emphasis is going to be on mainline coaches and suburban trains, where we have a very comfortable order book position. Looking for cues from Budget 2013 for positioning portfolio: Sundaram MF "The government’s reform programme and improving outlook for the financial sector in the country had generated a lot of hope." Don't expect a major decline in markets in near term: CIMB India "Pre-budget, there could be some amount of nervousness. So overall we do not see a big decline from these levels."	Market Round-up SENSEX 19015.14 -316.55 NIFTY 5761.35 -93.40 S&P500 1,487.85 -27.75 NASDAQ 3,116.25 -45.57 USD/INR 54.1287 -.31 NSE Gainers Scrip Price(Rs.) %Change Gujarat Lease Financing L 2.35 + 11.90 Aditya Birla Money Ltd. 20.35 + 10.00 Rupa & Company Ltd. 168.85 + 9.96 Assam Company (India) Ltd 7.75 + 9.93 Madhav Marbles & Granites 17.95 + 9.45 NSE Losers Scrip Price(Rs.) %Change Sudar Industries Ltd. 94.60 -20.00 Bhagwati Banquets & Hotel 50.40 -20.00 Paramount Printpackaging 1.60 -20.00 Rushil Decor Ltd. 171.80 -20.00 Aanjaneya Lifecare Ltd. 459.90 -20.00

About Us | Advertise with Us | Terms of Use and Grievance Redressal Policy | Privacy Policy | Feedback | Sitemap Copyright © 2013 Bennett Coleman & Co. Ltd All rights reserved. For reprint rights: Times Syndication Service If you want to unsubscribe the service, please click here.