The Economic Times Markets Watch Newsletter

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	Dated:07 December,2009

Top Headlines Sensex closes below 17k; RIL,Sterlite weigh Worn out bulls failed to create any impact Monday as the market ended on a negative note for the third straight session. Look beyond Sensex for growth opportunities While those smart enough to have invested in late '08 or early '09, are sitting on a neat profit, for many retail investors, current rally has been a wasted opportunity. Govt to take action against RCom for reporting less revenue DoT had appointed special auditors to look into financial accounts of five leading telecom companies. Sony's smartphones | iPhone for travelling Views on Stocks/Markets Listing gains may not be huge for JSW Energy: Sharekhan Short covering may take the market higher: JV Capital Services 'Subscribe' to JSW Energy for 8-10% listing gains: Fortune Financials IPO/Global Markets Dollar hits 5-wk high vs euro Nikkei hits 6-wk closing high JSW Energy IPO fully subscribed Rupee / Gold Gold futures fall Rupee extends losses Gold slides on weak cues More 'Market' News Concor's dominating position makes it a good buy Container Corporation of India (Concor) may be considered for investment given its dominant position in this segment of the logistics industry. Foreign-focussed funds not very attractive India-focussed pure equity diversified funds have delivered better returns than fund of funds that invest in overseas markets. The latter have also failed to provide a hedge to investors. Fund Review: Reliance equity bigger, but not really better Reliance equity is one of the largest diversified equity schemes in India, but its performance so far has failed to tickle the investment nerves.		Advertisement Market Round-up SENSEX 16983.14 -118.40 NIFTY 5066.70 -42.20 NASDAQ 2176.05 6.87 DJIA 10426.31 -11.11 RS/$ 46.25 -0.16 NSE Gainers Scrip Price(Rs.) %Change Ashima 5.95 + 20.20 Manaksia 91.30 + 20.05 Maxwell Ind 23.80 + 19.90 NorbenTea&Ex 8.90 + 19.46 Alchemist 151.70 + 18.75 NSE Losers Scrip Price(Rs.) %Change Thinksoft Gl 260.20 -14.10 C&C Construc 241.95 -9.08 PudmjeAgroIn 19.40 -8.71 Landmark Pro 6.85 -8.67 JSW Holdings 1,773.25 -7.54

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