Indian equities welcomed the new year (2009) on a bullish note. Midcap and Smallcaps showed upbeat reaction all through the week.
The 30 share index, Sensex gained 629.3 points to 9,958.22 during the week, which ended on January 02, 2009. In contrast, the broad based NSE Nifty made 189.5 points to 3,046.75 during the same period.
During the week, Mid-cap stocks recorded 284.5 points to 3,391.18, while Smallcap shares zoomed 321.91 points to 3,870.45.
Baz Luhrmann’s latest movie, Australia has failed to pull off a David Lean style sprawling epic.
The film is a stimulating mix of romance, adventure and war, and is of old school, melodramatic, rather being classic.
The film dates back to 1939 Australia and stars Nicole Kidman as Lady Sarah Ashley, a courageous Brit widow, who tries to save her ranch from an evil cattle baron.
The approval to circulate an ordinance to raise the salaries of judges of the Supreme Court and the High Courts to give immediate effect to the hike proposed in the Bill introduced in the Lok Sabha on December 22, 2008 was made in the Union Cabinet meeting.
Since the High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2008, could not be passed in the Parliament session that ended on December 23, 2008.
State Bank of India (SBI) plans to raise about Rs 500 crore from retail investors as Tier II capital. This capital will be a part of the Rs 5,000 crore, which the bank plans to raise in January.
According to the SBI Chairman, O P Bhatt, the bank is now giving this opportunity to the common man as earlier it was raising Tier II capital only through big investors.
He said, “The minimum investment required will be anywhere between Rs 10,000 and Rs 1 lakh. We are planning to do this in the current quarter.”
Katrina Kaif’s absence from Salman’s birthday party was seen as problem in couple’s relationship. 
Indian equities welcomed the new year (2009) on a bullish note. Midcap and Smallcaps showed upbeat reaction all through the week. 
Philips has made announcement about the launching of Xenium X710 dual SIM phone in the Russian market. 
Cast: Nicole Kidman, Hugh Jackman 
State Bank of India (SBI) plans to raise about Rs 500 crore from retail investors as Tier II capital. This capital will be a part of the Rs 5,000 crore, which the bank plans to raise in January. 
