Rupee: 40, going on 39…!

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Market Round Up from Moneycontrol: More stock news. More stock advice.       Top News Don't expect interest rates to rise further: ICICI Bank Chanda Kochar, Deputy MD, ICICI Bank said that it is premature to comment whether RBI will cut rates on the back of inflationary concerns and assume that domestic rates will go down. The indecisiveness in the financial sector will lead to liquidity... Re hits 9-yr high; appreciation to continue: Experts The rupee has hit a fresh 9-year high to the dollar. It has appreciated to 39.90 as against yesterday's close of 40.20. The Indian unit has appreciated beyond USD 40 for the first time since May 1998... Softening of rates will spur demand: Akruti Nirman Vimal Shah, MD, Akruti Nirman, said the price rise in the range of 5-8% in metros. An interest rate softening will spur demand in real estate, he said.... Sectors that outperformed the Sensex in 2 yrs SSeptember 19, 2007 was the biggest historical day for the Indian equity market as BSE Sensex crossed the 16000 mark and jumped by 654 points...       Stock in News SAIL to set up cement plants, stock touches all time high L&T to acquire stake in Feedback Ven, stock up 3% Hindustan Zinc increases lead prices, stock up 3.6% More Stocks : Gulf Oil | Godrej Ind | M&M Simplex Infras | Bhart Airtel | Unitech Click For More       Stock Advice Reliance Energy can give 40-50% return Sell sugar stocks: Agarwal Don't invest in Ashok Leyland More Stocks : Satyam | ONGC | ITC Welspun Gujarat | Tata Steel | BHEL Click For More       IPO Corner Magnum Ventures sees FY08 PAT at Rs 10 cr eClerx plans to raise Rs 100 cr through IPO NHPC to launch IPO in Q4FY08, to mop up Rs 1,700 Cr Click For More   Indian Markets 20-09-2007     Sensex 16347.95 25.20     Nifty 4747.55 15.20     Asian Markets 20-09-2007     Nikkei 25,701.13 146.49     KOSPI 1,908.97 6.32          Taiwan 8,983.03 56.65        Hang Seng 25,701.13 146.49      Straits Times 3,552.46 41.90       Market Interviews Sensex may touch 20K by yr-end or early '08 -Soc Gen Indian bull run still has plenty of room -Tyche Group   Market Analysis India's a safe bet to initiate fresh longs -JM Fin Short-term mkt valuations look unattractive -Ambit Capital 50% fund managers underweight on India -ML survey   Stock Videos Sinha positive on pipe industry   Further upside in Ispat Industries: Bose   Prefer ITC to HUL, says Agarwal   Exit Gujarat NRE Coke   Enter in Hindustan Unilever

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