MarketS DailY - Sep 15

US Markets:

DOW
11.72
-0.10%
11,421.99

NASDAQ
3.05
+0.14%
2,261.27

Asia at 9 AM:

Markets in Tokyo, Shanghai, Hong Kong and Seoul closed for holiday.

SGX NIFTY : 4082, -134.20

Gold: 786.2 +21.70 +2.84% +9.53%
Silver: 1,117.5 +38.00 +3.52% -10.91%

News Today:

* Serial blasts rock Delhi on Saturday evening, May we pray for peace.

* Investment banking giant Lehman is on the verge of filing bankruptcy as take over talks end inconclusively.

* Bank of America and Meryl lynch are in talks of merger.

* Crude slipped below $100/barrel as hurricane Ike caused less than expected damages to oil production.

* Former FED Chief Greenspan says financial institutions may fail

* Satyam Computers to axe 4,500 employees.

* At 21000, HDIL was at 1500. Now you are getting - DLF + HDIL + Unitech + Godrej = All five stocks in one pack at Rs. 1500. A bumper festival thanks to FIIs - A forwarded message.

*CLSA has said - Infosys is likely to miss its US$ revenue guidance for both the Sep quarter and the full year FY2009.

* AIG plans to sell $20b of assets, UBS may write down $5b more in H2.