The Economic Times Markets Watch Newsletter

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	Dated:24 December,2009

Top Headlines Nifty ends at new 52-week closing high Equity benchmarks ended in the positive territory, led gains in by auto, metals and oil & gas stocks. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE Top PSUs to get the 'Maharatna' status Govt approved Maharatna status to PSUs which have annual turnover of Rs 25k crore for 3 yrs. Challenges for India | Consumers get over slowdown blues Buying a builder's flat? Take these precautions Buying one's dream house is not always as easy as it seems. Budget homes turn costlier | Why to buy property now Views on Stocks/Markets Investors can buy gold at current levels: Ventura Commodities Reliance is a stock you should own: Gul Tekchandani, Investment Advisor Nifty may strike 5400, says Nitin Murarka, Derivative Analyst, SMC Global IPO/Global Markets World stocks push higher China leads Asian mkts Asian shares rise Rupee / Gold Rupee ends at 46.65/66 Gold rises on bargain-buying Gold at Rs 16,773 More 'Market' News Govt approves Jet proposal to raise $400 mn The government on Thursday approved the proposal of Jet Airways for raising around Rs 1,850 crore from foreign investors. SIDBI picks up 11% more in Bandhan The additional stake will cost Sidbi Rs 50 crore. At present, SIDBI is the lone institutional stakeholder in Bandhan. Citibank sells Bharti stake to JPMorgan Citibank sold its stake in telecom tower arm of Bharti to JPMorgan, exiting without any gain from the $50 mn investment made 2 ys ago.		Advertisement Market Round-up SENSEX 17360.61 129.50 NIFTY 5178.40 33.80 NASDAQ 2176.05 6.87 DJIA 10426.31 -11.11 RS/$ 46.25 -0.16 NSE Gainers Scrip Price(Rs.) %Change SE Invest 334.70 + 20.01 NilkamalPlst 237.10 + 18.34 Alps Ind 13.15 + 17.94 Great Offsho 576.25 + 15.34 Gallantt Met 25.60 + 15.32 NSE Losers Scrip Price(Rs.) %Change ATN Intl 2.45 -9.26 PAE Ltd 48.20 -5.30 PearlPolymer 12.75 -5.20 SanghiPolyst 3.70 -5.13 SurylakCottM 34.15 -5.01

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