8-April-09 Settlement Prices

Today's Settlement Prices :: Gold 14298 :: Silver 20553 :: Copper 220.85 :: Lead 66.90 :: Nickel 547.10 :: Zinc 67.80 :: Crude Oil 2538 :: Natural Gas 183.10 :: CPO 329.70 :: HO 72.25 :: SO 467.25 & INR 50.17
Sent from my BlackBerry® smartphone

EIA Crude Inventories

EIA Crude Inventories: CrudeOIL- +1.7 mnb, Distillates-Down 3.4 mnb, Gasoline- + 0.6 mnb
Sent from my BlackBerry® smartphone

7-April-09 Headlines

Corporate News Headline
•IVRCL Infrastructures and Projects bagged orders worth Rs. 3.59 bn including a project to construct a road flyover on a turnkey basis in Kolkata from the Kolkata Metropolitan Development Authority valued at Rs. 1.64 bn. (BS)
•HCL Technologies has entered into a six-year, multi-regional data centre services and transformation engagement with Xerox Corporation. (BS)
•Power Grid will borrow USD 2 bn from the World Bank and Asian Development Bank to part finance Rs. 550 bn investment plans till 2012. (BS)

Economic and Political Headline
•The Reserve Bank's Governor D Subbarao said that the main policy objective in the global crisis would be to arrest the moderation in economic growth and restore the eroded market confidence. (BS)
•The pace of borrowing by the US consumers fell 3.5% at an annual rate in February as fewer Americans sought credit to make purchases amid what may become the worst recession in seven decades. (Bloomberg)
•The UK manufacturing dropped 6.5% in the three months through February, the most in at least four decades as the global economic slump throttled demand for goods from cars to ceramics. (Bloomberg)

Sent from my BlackBerry® smartphone

IOB Q4 Results

IOB Q4 net profit seen up@ Rs.333 cr:Angel

Sent from my BlackBerry® smartphone

Union Bank and PNB QS Results

Union Bank Q4 net profit seen down Rs 487 cr:Angel

PNB Q4 net profit seen up @ Rs.769 cr:Angel
Sent from my BlackBerry® smartphone