GOLDEN RULES FOR TRADING

FREE DAILY SECTORS ALERT: 01.02.2013


* DIVESTMENT: Disinvestment Secretary Ravi Mathur said the government would mop up around 270 bln rupees by divesting stake in public sector companies in the current financial year to March.

* GOVERNMENT: The cabinet has cleared official amendments to the Lokpal and Lokayukta bill after rejecting two key recommendations of a Rajya Sabha select committee. Finance Minister P. Chidambaram is cutting spending on welfare, defence and road projects in an attempt to bring down the fiscal deficit target by March.

* INFORMATION TECHNOLOGY: Government has notified a policy that gives preference to domestic electronic products for procurement by its departments.