market 2 day

BSE Introduces Call Auction in the Pre Open Session
New Listing on 27th Oct 2010
:: Prestige Estates Projects Ltd.

:: Gyscoal Alloys Ltd.

:: BS Transcomm Ltd.
 
The most recent lot included upside earnings surprises from Amgen (AMGN 57.26, -0.69), Biogen Idec (BIIB 59.99, +0.09), Bristol-Myers Squibb (BMY 26.86, -0.30), Johnson Controls (JCI 34.49, -0.25), and Texas Instruments (TXN 28.88, -0.10). Coach (COH 49.78, +5.30), National-Oilwell Varco (NOV 52.03, +4.06), and Ford Motor (F 14.36, +0.21)
 
Equity benchmarks ended with moderate losses after showing smart recovery in late trade due to short covering. But the Nifty managed to claw back above 6100 level.

30-share BSE Sensex closed at 20,250.26, up 65.06 points or 0.32% and the 50-share NSE Nifty fell 16.85 points or 0.28% to settle at 6,103.45. Even the broader indices ended 0.3-0.5% lower. However, the Nifty October futures ended 39 points premium, as per provisional data.need to restrict foreign institutional investment and foreign direct investment at this time, Finance Minister Pranab Mukherjee said after the rupee climbed to near a two-year high.

The open offer of Sesa Goa, the Indian subsidiary of Vedanta Resources, to acquire a 20% stake in Cairn India from public shareholders has reportedly hit a roadblock as Sebi is yet to give its approval to the offer. The offer was scheduled to start on 11 October 2010.
 
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