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:27 June,2013

Top Headlines Morgan Stanley says market below fair value; picks top 6 stocks Morgan Stanley’s valuation models suggest the market offers adequate risk premium to investors willing to look beyond the immediate time horizon. Rupee depreciation negative for IOC, HPCL, BPCL: Moody’s A sharp depreciation in the rupee has negated most of the benefits for the OMCs from the decline in fuel subsidies, Moody's report said. Sensex at 1-wk high; up 324 pts on improved CAD nos Reliance Industries surged by 3.48% to Rs 830.45 and Infosys by 3.31% to Rs 2,476.95. These two carry the most weightage in Sensex. Views on Stocks/Markets Re heading towards 63 levels vs dollar: Standard Chartered Expect some upside in market in next few days: Mitesh Thacker Small caps that can give good returns in short term IPO/Global Markets Nikkei posts biggest gain in 13 days HK shares close up 0.5% China shares end lower Rupee / Gold Re overvalued: Nomura Gold up by Rs 120 Rupee backs off record lows More 'Market' News Morgan Stanley expects Coal India to rally over 40% Morgan Stanley has maintained its 'overweight' rating on Coal India (CIL) and increased the target price from Rs 381 to Rs 413. P-Note investments rise 6-month high at Rs 1.68 lakh cr The May figure has reached highest level since November, when the cumulative value of such investments stood at Rs 1.77 lakh crore. Market will be driven by fundamentals: Mehraboon Irani As far as the market goes, logic is very simple. You will have to do a little bit of fielding on the stock market wicket, on the stock market pitch.	Market Round-up SENSEX 18875.95 323.83 NIFTY 5682.35 93.65 S&P500 1,603.26 15.23 NASDAQ 3,376.22 .00 USD/INR 60.2636 .47 NSE Gainers Scrip Price(Rs.) %Change Todays Writing Instrument 10.65 + 719.23 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 212.79 Parrys Sugar Industries L 52.10 + 185.48 Melstar Information Techn 6.80 + 147.27 NSE Losers Scrip Price(Rs.) %Change Celebrity Fashions Ltd. 2.50 -48.98 Bodhtree Consulting Ltd. 16.25 -36.77 IMP Powers Ltd. 26.50 -32.05 Emami Ltd. 468.80 -31.70 Sambhaav Media Ltd. 1.05 -30.00

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.