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According to Richard Gibbs of Macquarie Securities reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation Richard Gibbs Global HD, Macquarie More about the Expert Richard Gibbs, Global Head of Macquarie Securities is upbeat on India because he thinks there is room for structural expansion and the demand is much better than anywhere else in the world. According to him reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation. It is also likely to produce some tailwind for the global economy. "It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well." The house remains a buyer on India. What is the sense you are getting. Are we now facing a fairly big challenge to global growth and therefore are risk assets going to head lower? A: I think the International Monetary Fund (IMF) is articulating that fairly well as we move into the IMF World Bank annual meeting in the next few days. It really is a case where the US is I suppose the best if you see IMF's parlance and that's for investors who have been searching for growth is a disappointment. So, now I suspect we are going to have people turning back towards in search for yield and that has become difficult as well with the expansion in quantitative easing measures around the world but most particularly by the European Central Bank of course.

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Sensex slips 340 pts on global woes; Q2 nos lift Infosys 7%
Sensex Down: 339 pt.
Nifty Down: 100 pt.

1. Failed Circuit Filter SEBI Pulls NSE
Sebi diredted nse to be carful and cautions in its dealings in the securities market and comply with all the legal requirements that govern its functions as a stock exchange. on october 5, 2012, a dealer at Emkay Global Finance has erroneously put in an order to sell a niftybasket consisting each of the 50 index constituents worth rs 950 crore, within a few seconds of the order being put into the system, nifty had crashed 16% before tradeing was stopped by the exchange.

2. Infosys posts 28% Q2 net profit
Infosys yet again have done better in its second quarter and cheered investors by announcing bonus shares. Murthy wants to avoid conflicts and maintain corporate governance standards at the firm he co-founded 33 years ago.

3.Vodafone wins 3,200crore tax case
Bombay high court ruled in its favour in the transfer pricing case relating to undervaluation of share capital issued by vodafone india Services Private Limited(Vodafone India) to its Mauritius parent.

4. Only limited Sahara investers claim refund from Sebi
The low demand will bolester sahara's argument before courts that it had repaid most of the investers who had come forward app. 4,600 to claim investments they had made in two groups cos's bonds.

Trade4target : stock to buy

Shreyas Shipping & Logistics Ltd
CMP:69rs
Target:130rs
Duration:6-10 months
Percentage return:85%

Shreyas Shipping & Logistics Ltd (SSLL) is a dominant multimodal container logistics operator using land-sea-land route. Their claim is they are No.1 Coastal Operator in India with 51% market share, in handling domestic coastal cargo. It is also the India's largest container feeder vessel owning and operating company & first co to li

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Tracking Performance * Multi-function backlit dual-mode wireless gaming mouse (games, multimedia) * Resolution: 600-1000-1600-2400DPI * DPI Light: DPI indicator DPI know the exact value * Return Rate: 250Hz-500Hz optional * Maximum acceleration: 20G * Breathing light: three color breathing light * Mouse Type: Ergonomics * Number of Keys: 7D wireless mouse * Distance: 30 meters * Features: fire button, DPI, a key to clear the screen, 250-500 return, play pause, forward and back

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House, Home and More skid-resistant stair treads work great on most hard surfaces. Use to protect the surface of your stairs or to create traction. Although these stair treads have a skid-resistant backing, they do not attach to your steps. To ensure that they do not move, we recommend securing these stair treads to your steps using double stick carpet tape. We offer several sizes to choose from. Finished size may vary slightly due to hem allowance. We cannot be held responsible for color variances due to individual monitor settings which may misrepresent the actual colors. Features : Finished on all edges to prevent fraying - ¼ inch pile height - Made in the U.S.A.

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B17BLMD Color: Candy Pink Features: -Pet carrier.-Over the shoulder strap that is adjustable.-Mesh cushion along the upper portion.-Collapses to 1'' thin and Velcro's closed.-Mesh opening along the top and 2 side pockets underneath.-Weight distribution when placed on back. Dimensions: -Dimensions: 11.4'' H x 8'' W x 15.5'' D. 

ZJ-003 Features: -Bottle with 2 filters. -Free TDS Meter. -Capacity: 4.5 Gallon. Color: -Blue; White. Orientation: -Free-standing. Product Type: -Water dispenser. Loading Style: -Top loading. Dimensions: Overall Product Weight: -7.8 Pounds. Overall Depth - Front to Back: -11.5 Inches. Overall Width - Side to Side: -11.6 Inches. Overall Height - Top to Bottom: -12.3 Inches.