Mumbai, May 10 (IANS) Benchmark indices of Indian equities fell for the third day Thursday as concern over European economies and the depreciating rupee weighed on the markets. Metals, auto and power stocks came under intense selling pressure on heavy funds outflow. Amid volatile trade, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange [...]
May 14 2012 | Posted in
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The BSE Sensex and NSE Nifty extended losses in afternoon trade, falling over 0.5%. The Indian rupee too depreciated by 58 paise to trade near the day’s low of 53.70 a dollar. Financial and banking, metals, realty, auto, telecom and oil & gas stocks weighed down on the market.
The BSE benchmark was down 108 [...]
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The BSE Sensex and NSE Nifty rebounded on Thursday after witnessing a major fall in previous 3 out of 4 sessions. Both opened 1% higher led by buying interest in banks, oil & gas, auto, capital goods and FMCG stocks.
Even the Indian rupee recovered sharply, appreciating 67 paise to 53.15 a dollar, which closed [...]
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The BSE Sensex stayed higher with more than 100 points gains led by 27 components while the NSE Nifty too held the 5000 level quite nicely. Index heavyweights Reliance Industries, State Bank of India and Larsen & Toubro were helping the market.
The BSE benchmark moved up 131.46 points or 0.8% to 16,611.04 and [...]
May 13 2012 | Posted in
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Mumbai, May 11 (IANS) A benchmark index for Indian equities markets fell for the fourth straight day Friday, shedding over 127 points, to close below 17,000 on poor industrial output data that indicated a slowdown in the economy and continuing global concerns. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the [...]
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MUMBAI: Benchmark indices fell 0.8% on Friday, extending losses to the fourth straight day, dragged down by a lower-than-expected industrial production reading in March. Pharma shares led declines with the BSE’s healthcare index dropping over 2% over the previous close. “Being a defensive sector, pharma stocks held on all this while. But some compression in [...]
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The BSE Sensex and NSE Nifty gave up most of their early gains, weighed down by Infosys, ITC and State Bank of India.
ICICI Bank too was under pressure. Even the broader markets turned negative. However, the buying interest in oil & gas and capital goods has limited the downside.
The BSE benchmark was [...]
May 13 2012 | Posted in
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The BSE Sensex and NSE Nifty gave up most of their early gains, weighed down by Infosys, ITC and State Bank of India.
ICICI Bank too was under pressure. Even the broader markets turned negative. However, the buying interest in oil & gas and capital goods has limited the downside.
The BSE benchmark was [...]
May 13 2012 | Posted in
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The Sensex fell for a fourth straight session to its lowest close since January 16, led by continued selling in blue chips after a contraction in factory output weighed on a market already grappling with global risk aversion.
The country’s industrial output unexpectedly contracted 3.5 per cent in March from [...]
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