Stocks to watch out today( 07J-AN -08)

GLOBAL markets are week , US markets are week and is plunges on the fair of reccession data.

US indices tanked on Friday, on weaker-than-expected December jobs report exceeding recession fears. The Dow ended lower at 12800 down 257 points, while the tech-laden Nasdaq declined to close 98 points lower at 2505.
Analays says the bears have stick the US markets and the markets could even fall to 12500 mark , also Global markets are also following the US markets and are following the trend to trade in week

After witnessing a jump of over 300 points on Friday, the market is likely to remain shaky as global markets fell further on US economic concerns.

The Indian market today is likely to have a negative opening, as the cues from the global markets are not in favor. On Friday, the Indian market closed on a strong note led by heavy buying across all the index heavyweights

The board of Adani Enterprises at the meeting held on 4 January 2008, decided to issue and allot equity shares or instruments convertible into equity shares up to Rs 3000 crore to qualified institutional buyers (QIBs).

Advanta India has acquired the business of Unicom Seeds, which has a strong presence in the domestic and export markets of vegetable seeds

MIC Electronics' Board will meet on January 12, to consider setting up of subsidiaries in Singapore, China, Taiwan, Korea and South Africa / Kenya. The Board will also discuss Separate Business Units (SBUs) for Digital Display Rental Business, Digital Bill Board Infrastructure and LED Lighting (grid & off grid) on Build-Operate-Transfer model. It will also consider finalization of acquisition of two companies

NOCIL was locked at 5% lower circuit to Rs64.60 after the company clarified that the is not a part of Mukesh Ambani led Reliance Industries and NOCIL Petrochemicals is not a subsidiary of NOCIL and hence the question of shareholders of NOCIL getting newshare of NOCIL Petrochemicals does not arise at all

M&M may pull out of the Rs40bn three way Chennai joint venture with Renault and Nissan..

ONGC seeks Rs160bn worth of incentives for its proposed 15mn ton pa refinery at Kakinada..

SBI, ICICI Bank, Bank of Baroda and Bank of India to book mark-to-market losses on the exposures of their foreign offices to credit derivat...

HPCL has raised Rs2.9bn from sale of oil buy gvn at 340 and 400 lvlss for 460 trgsts..


Canara Bank may acquire a bank this year we are bullish on this couinter.. for mid termm//..



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have a grt day ..!!!