10-year yield seen between 8.18- 8.23%: Prabhu
The bond market will remain cautious with a negative bias on concerns about surging inflation. Investors are watching out for the extent of rate hike by the RBI. The 10-year yield is seen between 8.18- 8.23%, says Suresh Prabhu, Money Market Analyst.
Risk-reward for Sensex may remain unfavourable: Enam
There are headwinds, both domestic and global making 2011 quite volatile. Hence, risk-reward for the Sensex may remain unfavourable this year, says Nandan Chakraborty of Enam.
Rupee may extend losses: Sharma
The rupee may extend losses after its sharp fall last week on the back of the selloff in the domestic equity markets. The dollar's strength may also impact the currency. The range for the day is seen between 45.40-45.80/$, says Subramaniam Sharma, Greenback Forex.
F&O cues: Total Nifty futures down Rs 940 cr
F&O cues: Total Nifty futures down Rs 940 crore, Options up Rs 9243 crore.
Market cues: FIIs net sell $47.2 mn
Market cues: FIIs net sell USD 47.2 million in the cash market on Jan 06.
Asian markets trading lower; Shanghai Composite down
At 7: 41 am (IST), Asian markets were trading lower. China's Shanghai Composite was down 0.28% or 8.06 points at 2,830.74. Hong Kong's Hang Seng was flat at 23,715.47. Singapore's Straits Times was flat at 3,258.26. South Korea's Seoul Composite was down 0.13% or 2.65 points at 2,083.55.
FIIs net sell Rs 1,041 cr in equities on Fri (prov)
Total Nifty Futures' Open Interest was down by Rs 940 crore while total Nifty Options Open Interest up by Rs 9,243 crore. Stock Futures shed 7 lakh shares in Open Interest (OI).
US mkts recover from day's low to end flat
The Dow Jones Industrial Average ended down 22.5 points or 0.2% at 11675 on Friday, after seeing recovery of 76 points from day's low of 11599. It was up 0.8% for week ((Indian markets lost 4% last week)).
Indian revolution begins with Socceroos test
India and Australia, whose main sporting rivalry is on the cricket pitch, switch codes to soccer at the Asian Cup on Monday with Australia the overwhelming favourites to hand out the equivalent of an innings victory.
Gopalkrishnan's mgmt mantra: Crisis creates leaders
Moneycontrol.com caught up with Gopalkrishnan to find out what are the challenges faced by Indian entrepreneurs and his mantra for success.
US Fed's Yellen defends QE2, says creating 3 mn jobs
US Federal Reserve Vice Chair Janet Yellen on Saturday defended the central bank's controversial program to buy assets in order to stimulate the economy, citing an internal study showing the full program will result in a gain of 3 million jobs.
India, Pakistan foreign secretaries may meet in Feb
Indian foreign secretary Nirupama Rao is likely to meet her Pakistani counterpart in Bhutan's capital next month, India's foreign office said on Sunday, as the two nuclear-armed neighbours try to take forward a stalled peace process.
IMF's Lipsky: US deficit reduction critical
The IMF'S first deputy managing director, John Lipsky, warned on Saturday that the United States must start down a budget deficit-cutting path relatively soon or face crushing debt service costs as interest rates rise.
Apple CEO Jobs takes $1 for 2010 compensation
Apple Inc Chief Executive Steve Jobs earned another USD 1 in salary 2010, the technology company said in a regulatory filing on Friday.
US to offer Pakistan support when VP visits
The Obama administration will offer Pakistan more military, intelligence and economic support, a message that US Vice President Joe Biden will deliver next week during a visit to the country amid strained relations, the Washington Post reported on Saturday.
Zardari to name key aide as successor to slain governor
Pakistan's president is set to appoint close aide Latif Khosa to succeed the murdered governor of the key Punjab province, officials said, another step in resolving a week-long political crisis.
PM says economy may grow 9-10% from 2011/12
The economy is likely to grow between 9 and 10% from the next fiscal year that starts from April 1, after growing 8.5% in the current fiscal year, Prime Minister Manmohan Singh said on Saturday.
Indraprastha Gas Dec qtr PAT seen up at Rs 65cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2010. According to the research firm, Indraprastha Gas December quarter sales are expected to go up by 64% at Rs 469.4 crore, Year-on-Year, (Y-o-Y) basis.
ChrysCapital To Invest Rs 112.5Cr In KPIT Cummins
Private equity major ChrysCapital has started 2010 with a busy note, closing a deal in the first week of the year. The PE firm is picking up a stake in mid-cap information technology firm KPIT Cummins Infosystems Limited for upto Rs 112.5 crore.
Guj Gas Dec qtr PAT seen up 34.6% at Rs 61.5cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2010. According to the research firm, Gujarat Gas Company December quarter sales are expected to go up by 30.3% at Rs 503 crore, Year-on-Year, (Y-o-Y) basis.
Guj State Petr Dec qtr PAT seen down at Rs 93cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2010. According to the research firm, Gujarat State Petronet December quarter sales are expected to go down by 4.2% at Rs 257.3 crore, Year-on-Year, (Y-o-Y) basis.
Petronet LNG Dec qtr PAT seen up at Rs 143.5cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2010. According to the research firm, Petronet LNG December quarter sales are expected to go up by 49.2% at Rs 3349.4 crore, Year-on-Year, (Y-o-Y) basis.
GAIL Dec qtr PAT seen up 21.6% at Rs 1045.4cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2010. According to the research firm, GAIL December quarter sales are expected to go up by 32.6% at Rs 8231.2 crore, Year-on-Year, (Y-o-Y) basis.
Jagran Prakashan Dec qtr PAT seen up at Rs 60cr: PLilladher
Prabhudas Lilladher has come out with its earning estimates on Media & Entertainment sector for the quarter ended December 2010. According to the research firm, Jagran Prakashan December quarter sales are expected to go up by 29.4% to Rs 293.5 crore, Year-on-Year, (Y-o-Y) basis.
