The Economic Times Markets Watch Newsletter

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	Dated:23 December,2009

Top Headlines Sensex up 3.2% to highest close in 2 months RIL, NTPC, and ICICI Bank propelled the benchmarks to higher levels. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I Stocks 52 Week: High, Low Correction in gold may be temporary Having touched a high of Rs 18,200/10 gms gold prices have been subject to sharp correction of 7-7.5%. Gold loses lustre, but buyers still won't touch it Indian-origin CEOs head 8 US companies: Forbes Indira Nooyi tops list of Forbes "Eight Indian-Flavoured CEOs" who lead US cos with revenues of at least $2 bn. Top 10 paymasters | Top 10 biz houses Views on Stocks/Markets Some ramp up in the stock prices likely by Jan 2010 Despite likely CRR hike, credit growth to remain strong 2009 returns have been a function of the fall in 2008: ASK Investment IPO/Global Markets World mkts rise on US data European mkts hit 14-mth high US mkts rally on recovery hopes Rupee / Gold Rupee ends at 46.87/88 Gold closes at Rs 16,518 Gold down on stockists selling More 'Market' News ONGC unit raises $420 mn via bonds Overseas arm of ONGC has raised $420 mn via bonds, two sources with direct knowledge of the matter said on Wednesday. Andhra Pradesh-exposed stocks feel heat Stocks of companies which have a large exposure to Andhra Pradesh are at the receiving end at the bourses. Oil cartel may fail to maintain balance in '10 Organization of Petroleum Exporting Countries members may have to cut production in 2010 as well, similar to what they did in 2009.		Advertisement Market Round-up SENSEX 17231.11 539.11 NIFTY 5144.60 158.75 NASDAQ 2176.05 6.87 DJIA 10426.31 -11.11 RS/$ 46.25 -0.16 NSE Gainers Scrip Price(Rs.) %Change AP Papr Mill 115.20 + 20.00 BirlaEricson 16.50 + 20.00 Jumbo Bag 38.40 + 20.00 JSW Holdings 1,809.15 + 16.78 Sunil Hitech 203.90 + 13.75 NSE Losers Scrip Price(Rs.) %Change Nu Tek India 45.80 -47.45 ZanduPhrmWrk 5,875.65 -16.94 Vishal Info 11.70 -10.69 NovaPetrchem 11.45 -9.13 Magma Fincor 153.95 -6.24

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