The Indian stock market ended Tuesday with modest gains, while Asian markets were mixed due to concerns over rising Italian bond yields. Consumer durable stocks in India saw buying interest and capped losses in the market. Exports increased 10.8% in October while imports rose 21.7% over the same period.

1. Market Summary 08-11-11
• Sensex ended the Tuesday trade with a slight gain of 6.92
points to 17,569.53 points While Nifty advanced 5.15 points to
5,289.35 points.
• Asian markets were ended on mixed note as the worries over
sudden rise in Italian bond yield jittered the market.
• Traders were cautious on buying stocks in today trade as the
rise in bond yield may increase the borrowing rates of Italian
Government
• Japan is the top loser among Asian Stocks, tanked 1.3% on
Tuesday.
• In Indian market, the buying interest of Consumer durables
stocks such as Titan Inds and C.Mahindra Exports have capped
the losses.

2. • The shares of SBI were rose 1.7% to Rs.997.90 on market close
in ahead of Q2 results, to be released on November 9
• Of the total 2,964 shares, 1,434 shares were advanced and
the remaining 1,399 shares were declined.
• India exports were increased by 10.8% to $19.9 billion in
October while, the imports were increased by 21.7% to $39.5
billion in October.
• The stocks of ABB Limited soared 4% to Rs 708 per share after
reporting 93% surge in net profit to Rs.22.2 crore for the
quarter ended September 2011 on an annual basis.
• KEC International has bagged three orders worth Rs.400 crore
from Saudi Arabia
• The shares of Microfinance have hit a year low of Rs.188 per
share both on BSE and NSE due to a loss of Rs.384 cr in
September quarter.

3. • Due to shortage of coal in domestic market, NTPC has planned
to enter into a long term contract to import coal of up to 20
million tonne per annum.
• For the quarter ended September, Reliance Power has posted
a marginal rise in its net profit at Rs.235.48 cr over the total
income of Rs.751 crore over a year.
• Indian Currency closed the trade at Rs.49.38 per dollar on the
Interbank Foreign Exchange Trade with a drop of 38 paise/
dollar due to strong demand for US currency.