Stock Market Latest News

• FORD CONFIRMS TERMS FOR SALE OF VOLVO TO GEELY IN 2010
• RBI EXTENDS DEADLINE FOR BANKS TO MEET NEW NORMS FOR LOANS TO MFS
• DEADLINE FOR NEW NORMS EXTENDED TO JUNE 30, 2010
• HAVE ASKED BKS TO ENSURE ADVANCES TO MFS ARE WITHIN 20% OF NET ASSETS
• BANKS HAD BEEN ASKED TO COMPLY WITH THE NORMS BY DEC 31
• INDIA NOVEMBER MOBILE USER ADDITION AT 17.65 MN
• INDIA WIRELESS SUBSCRIBER BASE AT 506.04 MN AS ON NOVEMBER 30
• CO RECEIVES CLOSE TO 16% OF ISSUED CAPITAL IN RESPONSE TO OFFER: SRCS
• BROKERS MEET UNDER THE ANMI UMBRELLA: SOURCES
• BROKERS CONTINUE DEMAND FOR ROLLBACK OF TIMING EXTENSION: SRCS
• BROKERS SAY RBI MUST NOTIFY BANK OPERATIONS FROM 8 AM: SRCS
• BROKERS ASK FOR TIME TILL MARCH TO PUT INFRASTRUCTURE IN PLACE: SRCS
• AROUND 150 BROKERS ATTENDED ANMI MEETING: SOURCES
• DOMESTIC FUNDS NET BUY RS.13.02 CR IN EQUITIES ON DECEMBER 23 (PROVISIONAL)
• FOREIGN FUNDS NET BUY RS.769.53 CR IN EQUITIES ON DECEMBER 23 (PROVISIONAL)
• EXTENDS DEADLINE FOR BANKS TO MEET NEW NORMS FOR LOANS TO MFS
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• FOREIGN FUNDS NET BUY RS.224.9 CR ($48.06 MN) IN EQUITIES ON DECEMBER 22
• REITERATES ITS POSITION ON ADVANCING MARKET OPENING TIME TO 9 AM: BSE
• 79% OF MARKET PARTICIPANTS NOT IN FAVOUR OF TIMINGS BEING EXTENDED: BSE
• BOARD TO MEET ON DEC 29, TO CONSIDER COMPOSITE SCHEME OF ARRANGEMENT
• OVER 7% GROWTH IN FY'10 WOULD SHOW STIMULUS WORKING
• RECEIVES CLOSE TO 16% OF ISSUED CAPITAL IN RESPONSE TO OFFER: SRCS
• 79% OF MARKET PARTICIPANTS NOT IN FAVOUR OF TIMINGS BEING EXTENDED: BSE