Friday, January 14, 2011

STOCK NEWS FOR 14 jan


STOCK MARKET IMP NEWS
  • The BSE Sensex fell below 19,000 for the first time since late November 2010, with lenders leading the fall, as accelerating inflation cemented expectations that the Reserve Bank may hike interest rates.
  • On Monday three large cap companies  TCS L & T  and Axis Bank   are coming out with their quarterly results and if any of these come out of with results lower than market expectations, it would have a negative impact on the markets.
  • Kansai Nerolac Paints' net profit rose 1.2% to Rs 53.61 crore on 18.8% increase in net sales to Rs 532.98 crore in Q2 September 2010 over Q2 September 2009.
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