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:04 June,2013

Top Headlines Sensex slumps 65 points to hit new 1-month low Brokers said the trading sentiment was hurt after data released by HSBC yesterday showed manufacturing sector's output fell in May. Here’s why foreign investors are turning net sellers FIIs have been a key support for markets after buying a net Rs 83,205 crore worth of shares this year so far. Defensive stocks that can gain over 10% in a weak market The benchmarks are close to crucial support levels and if these are breached, further downside can’t be ruled out. Views on Stocks/Markets Bata is a very promising stock: Gaurang Shah Market direction still remains on the downside: Mitesh Thacker Market is being sold by large players: Ashwani Gujral IPO/Global Markets China shares close down Seoul shares end flat Nikkei marks best 1-day rise Rupee / Gold Gold buying slows in May Gold up by Rs 245 Rupee snaps 5-day losing streak More 'Market' News Top five reasons why Bata can deliver 20% returns in one year Analysts are positive on Bata India’s future outlook as its strong balance sheet and limited capex makes the stock a strong case for re-rating. Rupee's slide toward record low puts Indian policymakers in tight spot Global dollar strength and investor risk aversion could spell danger if it leads to continued rupee weakness, and India's external deficits worsen. Govt likely to raise FIIs' investment in bonds by $5 bn: Sources The move is aimed at supporting the rupee and fund a widening current account deficit. The rupee fell 4.8% in May and CAD widened to 6.7% of GDP.	Market Round-up SENSEX 19545.78 -64.70 NIFTY 5919.45 -19.85 S&P500 1,639.72 -.70 NASDAQ 3,466.98 1.61 USD/INR 56.6398 -.06 NSE Gainers Scrip Price(Rs.) %Change MVL Industries Ltd. 22.50 + 423.26 GTN Textiles Ltd. 17.00 + 220.75 Parrys Sugar Industries L 52.10 + 148.10 Cura Technologies Ltd. 39.45 + 131.38 Malu Paper Mills Ltd. 15.40 + 126.47 NSE Losers Scrip Price(Rs.) %Change Refex Refrigerants Ltd. 2.30 -42.50 Salora International Ltd. 16.20 -40.55 Money Matters Financial S 107.05 -38.48 SPL Industries Ltd. 2.65 -31.17 Celebrity Fashions Ltd. 2.50 -26.47

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.