Morning Bell

RR Financial Consultants

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Outlook-  

• The market may extend Friday (15January 2010)'s fall on weak Asia. US markets fell on Friday after JPMorgan Chase & Co. reported a loss in retail banking, U.S. consumer confidence trailed forecasts.

• Jaiprakash Associates, GAIL India and Sesa Goa will unveil Q3 results today, 18 January 2010. Investors will eye the response to the initial public offer(IPO) of fast-food chain Jubilant Foodworks. A strong response to the IPO may boost the market. The company has fixed IPO price band of Rs 135-Rs 145 per share.

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