Hot Market News    * ECONOMY : Sept IIP #s to be announced today.. BBG consensus for 7% growth vs 10.4% growth in Aug.. The six core infrastructure inds (contribute ~ 26% to the overall IIP) grew 4% in Sept vs 7.8% in Aug* MSCI : In the latest index revamp announced last night, Housing Development & Infrastructure Ltd (HDIL) along with Suzlon (SUEL) replace Glenmark Pharma (GNP) & PowerGrid Corp (PWGR) in the MSCI India index* INFOSYS : Infosys BPO Signs Definitive Agreement to acquire US-Based Insurance Business Process Solutions Provider, McCamish Systems* APOLLO TYRES : plans to up capacity by 50% as it looks to enter the top-10 global tyre makers' club in next five years.. plan to double exports next year* GRASIM : Aditya Birla Group may hike its stake in Grasim, to fend off any hostile takeover bid* DLF : rpts promoters to buy out DE Shaw's stake in DLF Assets* RELIANCE : may sell stakes in some of its overseas exploration blocks.. co has 14 blocks in its international exploration & production portfolio* PUNJ LLOYD : announces a restructuring plan that will see Punj functioning as a holding co to provide capital to high potential biz areas which will eventually become independent entities* DR REDDY's : expects revenues from its outsourcing arm to rise 10-15% in FY10Corporate News – Industry trends* The green shoots visible in the economy failed to enhance governmentrevenue with indirect tax collections comprising customs, excise andservice tax falling almost 22% to Rs 12,69,030 mn in the April-Octoberperiod this year. It stood at Rs 16,19,540 mn in the correspondingseven months of 2008-09. The overall decline was led by a 32% fall incustoms revenue (BS)* Indian drug major Cipla has launched generic versions of anti-fludrugs oseltamivir and zanamivir in the local market to treat H1N1influenza spreading across the globe, and in India (BS)* In the first acquisition of any overseas sugar and ethanol unit by anIndian company, Shree Renuka Sugars, one of the largest producersin the country, has acquired Brazil’s Vale Do Ivaí S.A. Açúcar e Álcool(VDI), at an enterprise value of US$240 mn (BS)* BHEL said it has won a Rs 910 mn order from UK based PowerEngineers Contracting Inc to supply gas turbine generating unit for itsNasiryah power project in Iraq (Mint)* The inter-ministerial battle over spectrum for 3G telecom serviceshas intensified, with the DoT rejecting a claim by the ministry ofdefence that it has not accounted for 10 MHz of spectrum given to DoTat the end of October in the information memorandum. This documentprovides potential private bidders with details on the auction processslated for January 14, 2010 (BS)* GSPC may go for 5% private placement to raise Rs 10 bn; Initialpublic offer to follow; The Gujarat Government controlled integratedenergy company has indicated its plan to raise a total of US$1-US $1.5bn through private placement and IPO (BL)* Apollo Tyres said it would increase production capacity in the countryby over 50% as it looked to enter the top-10 global tyre makers’ clubin the next five years; In line with its plans, the company is alsolooking to almost double its exports in the next year (BS)* In a move to boost capacity at major ports in the country, agovernment panel approved three projects worth over Rs 77bn, to bedeveloped through the public-private partnership mode (BS)* THE founding family of India’s largest real estate company has reacheda deal with DE Shaw to buy out the hedge fund’s stake in DLF Asset(DAL), an important step presaging transactions that could lead to aSingapore listing for the DLF affiliate in the first quarter of 2010 (ET)* Punj Lloyd Group announced an ambitious restructuring plan that willsee Punj Lloyd functioning as a holding company to provide capital tohigh potential business areas, which will “eventually becomeindependent entities” (ET)* Yahoo!, Cisco eye role in unique ID project; Meetings are still atpreliminary stage, says Nilekani (BL)* Increase in fuel costs and falling yields have seen Air India more thandouble its post-tax losses to Rs 55.4bn in 2008-09; the airline hadreported a loss of about Rs 22bn the previous year (BL)Economic/Regulatory development* India’s exports for October stood at US$12.5 bn, down 11.4% fromUS$14.1 bn in the same month last year, on the back of weakerdemand for Indian goods in the traditional markets of the US, EU andJapan; India’s export figures were US$15 bn during October 2007 (BS)* The import of sensitive items during April-August has shown a heftyhike of 30% when compared with the corresponding months of theprevious fiscal (BL)International trends* China’s factory output touches19-month high; World’s WorkshopBack In Business With A 16.1% Rise In Industrial Output In Oct (ET)Note: More intra-day opportunities will be providedlive during the market hoursFor More information Visit : http://www.insighttechnical.netEmail : contact@insighttechnical.netContact : +91 982222686We Insight Technical Provides indian share market tips,nifty option  trading,nifty option,intaday option trading,nifty option,nse market  tips,nse/bse stock tips,trading recommendations of indian stocks,indian share market,stock market recommendations by sms,pre-market analysis companyWe Insight Technical provides hot shares in bse,sharemarketindia,hot stocks bse,nse hot stocks,preferred stock recommendations,hot shares on bse,intraday stock recommendations,technicals of share market,mcxtip,indian stock advisory,nifty stock recomendations,stock trading franchise india,stock market trend history,bse option calculator,hot stocks in indian share market,hot tips bse market free sms,indianstockcharts,hot indian stocks,hot intraday tips nse,hot intraday tips nse bse,indian stock recommendation for intraday,nifty stock recommendations,technical share market,technicals of indian stocks,gold intraday tips,mcx broker tips,hot stock in nse,hot stocks in bse,indian technicals,intraday option trading tips,nri intraday trading,nse intraday recommendations,option calculator nse,share market recommendations,stock market consultant,ncdex tips86