Sunday 24 March 2013

The Economic Times Daily Newsletter

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Dated:March 24,2013
Top Headlines

FIIs flow robust, despite disappointing earnings season: HSBC

FIIs have injected nearly $34 billion since January 2012, which led to multiple expansions, while earnings growth remained flat, HSBC Research said.


De Beers fighting to restore monopoly; challenges lie ahead

Since its inception, De Beers has survived two World Wars, the Great Depression, the break-up of the USSR and the end of apartheid in South Africa.


Gold ETFs unlikely to lose sheen despite fall in prices

Despite the falling prices of the yellow metal, gold exchange traded funds will remain attractive as an asset class in the near future.


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Russia was pessimistic about the chances of a bailout in Cyprus, given the likelihood of a crushing run on its banks once they reopen.
However Katju's suggestion did not appear to go down well with the BJP. Balbir Punj said, 'Katju has forgotten that he is no longer the judge of the SC.'
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SENSEX 18735.60 -57.27
NIFTY 5651.35 -7.40
NASDAQ 3110.78 -6.72
DJIA 13534.89 27.57
RS/$ 54.81 -0.20
NSE Gainers
Scrip Price(Rs.) %Change
Delta Corp Ltd.
47.65 + 13.85
Seshasayee Paper & Boards
224.70 + 11.04
Sharyans Resources Ltd.
48.50 + 10.85
Omkar Speciality Chemical
120.80 + 10.26
Indo Count Industries Ltd
12.10 + 10.00
NSE Losers
Scrip Price(Rs.) %Change
MVL Industries Ltd.
2.80 -17.64
Software Technology Group
2.05 -16.32
Oudh Sugar Mills Ltd.
16.20 -16.06
Ashima Ltd.
3.20 -14.66
Transwarranty Finance Ltd
6.25 -13.79

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