Archive for the ‘Public Forum’ Category

SENSEX OPENS FLAT; FINANCIALS DROP

Thursday, July 29th, 2010

INDIANFOX - ISE 290710MUMBAI: Sensex slipped 0.1 percent early on Thursday, with financials leading the decline, tailing weak world markets. At 9:01 a.m. (0331 GMT), the 30-share BSE index was down 0.12 percent at 17,935.28 points, with 16 components declining. (more…)

SENSEX CLOSES 124 POINTS LOWER, RIL, L&T DRAG

Wednesday, July 28th, 2010

INDIANFOX - ISE 280710MUMBAI: A benchmark index for Indian equities closed 124 points lower as selling intensified in the last hour of trade. Heavyweights Reliance Industries and L&T dragged the index. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,077.85 points, (more…)

SENSEX LACKLUSTRE; AUTO, PHARMA, POWER, METAL SHINE

Wednesday, July 28th, 2010

INDIANFOX - ISE 280710MUMBAI: The Nifty was hovering around 5450 amid less volatility. It was yet another quiet session for the markets wherein midcaps and smallcaps outperformed largecaps. BSE Midcap and Smallcap index were up 0.43% and 0.6% respectively. Buying was seen in auto, pharma, power, metal and capital goods stocks. The European markets opened in green. (more…)

SENSEX OPENS 59 POINTS UP ON STRONG GLOBAL CUES

Wednesday, July 28th, 2010

INDIANFOX - ISE 280710MUMBAI: The Bombay Stock Exchange Benchmark Sensex rose by over 59 points in opening trade on Wednesday after the most-weighted scrip RIL posted strong earnings amid a firming trend in the Asian region. (more…)

SENSEX RISES 57 PTS ON RBI’S MODERATE RATE HIKE

Tuesday, July 27th, 2010

INDIANFOX - ISE 270710MUMBAI: The Dalal Street closed with gains on the back of favourable global cues. The RBI’s credit policy was on expected lines and it helped rate sensitive stocks to outperform the market. However, a number of companies reported earnings that did not meet Street expectations pulling the benchmark indices down. (more…)

SENSEX MOVES HIGHER; AUTO, REALTY, BANKS UP

Tuesday, July 27th, 2010

INDIANFOX - ISE 270710MUMBAI: Equites moved higher led by rate sensitive sectors as investors factored in 25 basis point hike in repo rate and 50 basis points hikie in reverse repo rate by the Reserve Bank of India. Positive European markets also boosted sentiments.  Bombay Stock Exchange’s Sensex was at 18139.94, up 119.89 points or 0.67 per cent. (more…)

SENSEX MOVES UP; M&M, DLF, MARUTI, TATA MOTORS GAIN

Tuesday, July 27th, 2010

INDIANFOX - ISE 270710MUMBAI: Benchmarks gained momentum after the Reserve Bank of India increased repo rate and reverse repo rate by 25 basis points and 50 basis points respectively. The central bank has kept the cash reserve ratio unchanged at 6 per cent.  Bombay Stock Exchange’s Sensex was at 18077.75, up 57.70 points or 0.32 per cent. (more…)

SENSEX TURNS CHOPPY; HERO HONDA, MARUTI, HUL UP

Tuesday, July 27th, 2010

INDIANFOX - ISE 270710MUMBAI: Indian markets turned choppy after a positive start due to lack of support from global peers. Investors were also cautious ahead of Reserve Bank of India’s policy review meet. Given the global cues, we may be in for a positive start. (more…)

SENSEX SLIPS AS MARUTI PLUNGES 12.3%

Monday, July 26th, 2010

INDIANFOX - ISE 260710MUMBAI: The Indian markets closed with losses starting the week on a negative note. The benchmark indices declined more than half a per cent in flat trade on the Dalal Street. The markets fell owing to a string of weak earnings report and lacklustre global cues. Banking stocks closed down ahead of RBI’s review of monetary policy tomorrow. (more…)

SENSEX DRIFTS LOWER AHEAD OF RBI POLICY MEET

Monday, July 26th, 2010

INDIANFOX - ISE 260710MUMBAI: The markets have extended losses despite global markets trading higher. The benchmark indices are trending lower owing to a string of weak earnings report over the weekend. Banking stocks are mostly down ahead of the RBI’s review of monetary policy tomorrow. (more…)