Results(HDFC,Satyam etc), Corp Headlines

Where will the Sensex head to now?
Buffett says he's buying US stocks
Rupee falls to its lowest in 6 years
FIIs sell off stocks worth Rs 1,161 cr
FX reserves dip to $274.004 bn

India Inc margins shrink in Q2
RBI may cut rates next week
PSU stocks rise sharply
'Nifty BeES good for equity exposure'
India Infoline Q2 net up at 40 cr
HDFC Ltd Q2 net dips 17% at Rs 534.23 cr

Satyam Q2 net up 42% at Rs 581 cr Fri, 17
FIIs’ selling touches $11 b
Mphasis Q2 net up 2-fold at Rs 141 cr
Elecon Engineering Q2 net down 7 pc at Rs 16.01 cr

Steel industry still holds promising future
Tata Steel says to cut Corus steel output
Steel cos to invest over Rs 6,00,000cr,take steel prod to 230m
Nifty futures in discount as short build up, Reliance pack in ruins
Google Q3 profits up 26% at $1.35 bn

HDFC net up 32.4% at Rs 534cr
Satyam Q2 net up 42% at Rs 581cr

Sensex off 53% from record high (17/10/2008,16:06 Hours IST)The BSE Sensex slumped to its lowest level in over two years on worries of global recession. More
Heavyweight RIL's rout pulls Sensex below 10,000 (17/10/2008,16:31 Hours IST)Reliance Industries slumped 6.58% to Rs 1305.25, extending its two-day fall, on fears of fall in refining margins. More

Corporate Results
JK Papers Q2 net down 17.5%
Tata Coffee net up 44% at Rs 17 cr
Zensar Technologies Q2 net up 20% at Rs 13.70 cr
Elecon Engineering Q2 net down 7% at Rs 16.01 cr
Mphasis Q2 net up at Rs 141 cr
Satyam Q2 net up 42% at Rs 581 cr

Corporate Results
India Infoline net profit declines 29.23% in the September 2008 quarter
Net profit of India Infoline declined 29.23% to Rs 32.23 crore in the quarter ended September 2008 as against Rs 45.54 crore during the previous quarter ended September 2007. Sales rose 25.14% to Rs 163.91 crore in the quarter ended September 2008 as against Rs 130.98 crore during the previous quarter ended September 2007.

eClerx Services net profit rises 119.49% in the September 2008 quarter

Housing Development Finance Corporation net profit declines 17.35% in the September 2008 quarter
Net profit of Housing Development Finance Corporation declined 17.35% to Rs 534.23 crore in the quarter ended September 2008 as against Rs 646.39 crore during the previous quarter ended September 2007. Sales rose 38.47% to Rs 2615.10 crore in the quarter ended September 2008 as against Rs 1888.60 crore during the previous quarter ended September 2007.

Satyam Computer Services net profit rises 43.22% in the September 2008 quarter
Net profit of Satyam Computer Services rose 43.22% to Rs 597.43 crore in the quarter ended September 2008 as against Rs 417.15 crore during the previous quarter ended September 2007. Sales rose 38.61% to Rs 2700.52 crore in the quarter ended September 2008 as against Rs 1948.24 crore during the previous quarter ended September 2007.


Source:ET,CapitalMkt,BS etc