TODAYS MARKET VIEW 14 SEPTEMBER 2009

Indian industrial output grew for a seventh month in July,
adding to signs of economic upturn and the case for an
interest rate rise early in 2010, although weak exports and a
poor monsoon remained risks to growth.
Industrial output rose 6.8 percent in July from a year earlier;
June's annual growth was revised up to 8.2 percent from 7.8 percent, a 16-month high, Friday's data showed, riding on higher demand for goods such as cars and higher mining activity. Manufacturing production in Asia's third-largest economy rose 6.8 percent in July from a year earlier. U.S. markets were ended flat on Friday, after a five-day winning streak on a drop in crude oil prices but posted gains for the week. The Dow Jones was down 22 points, or 0.23% to 9,601. The Standard & Poor's 500 Index shed 1.41 points, or 0.14%, at 1,042.73. The Nasdaq Composite Index fell 3.12 points, or 0.15 percent, to 2,081.For the week, the Dow gained 1.7%, the S&P was up 2.6%, and the Nasdaq advanced 3.1%.Infosys was down 0.91% to 446.78. Genpact has declined 1.56% to $12. Sterlite and Patni Computers shed nearly 3% each to $15.23 and $16.43, respectively. Mahindra Satyam has declined over 2% to $6.48. Tata Motors have shed nearly over 3% to $12.67.IBM, HDFC Bank, Tata Communications and MTNL were marginal gainers