Better trades for the day - Dec 14 2011

All eyes will be on the inflation for the month of November today. Markets are expecting a negative start...To see more...Click Here

Global Cues:

The European stock markets were mostly lower Tuesday (December 13, 2011), as fears over European debt continued to dominate sentiment with ratings agencies adding pressure by warning on the future of the euro zone.

The US stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis.

The Asian stocks were trading lower on Wednesday (December 14, 2011) on Fed disappointment. SGX Nifty was trading 46 points down, indicating a negative opening for the Indian markets.

Commodity cues

The US Crude Oil prices rose 2% on Tuesday as geopolitical jitters about Iran combined with threats to supply and key shipping lanes sent US crude above $100 a barrel.

Headlines for the day

TV, fridge makers get the blues

Hotel rates, air fares soar for Christmas, New Year

Thomas Cook sells hotel to ease debt burden

Tata Power secures funds for its solar project

L&T Infra bets on solar power

Arvind inks JV with PD Glass

DGH proposes formula for curbing RIL's KG-D6 cost recovery

DIPP to hold talks with stakeholders on FDI in retail

CBI probe into appointment of IFCI head recommended

Food Bill put on the backburner