MUMBAI: The benchmark Nifty started the day on a flat note with a positive bias, following good US cues, tracking positive outcome from European banks’ stress test results. However, there was some volatility due to mixed Asian cues. (more…)
Archive for the ‘Public Forum’ Category
NIFTY VOLATILE; MARUTI, JP ASSO, HERO HONDA PLUNGE
Monday, July 26th, 2010SENSEX REVISITS 29-MONTH HIGH ON FII’S BUYING SPREE
Saturday, July 24th, 2010
MUMBAI: The BSE benchmark-Sensex scaled to a 29-month closing peak during the week on rise in metal, capital goods, PSU and auto counters in view of announcement of good corporate results for the first quarter coupled with sustained FII’s buying. (more…)
SENSEX ENDS WEEK HIGHER ON STRONG EARNINGS
Friday, July 23rd, 2010
MUMBAI: The Indian markets closed the day with nominal gains to close in the green for a third straight day. The BSE Sensex closed at 18,130, up 18 points and the NSE Nifty rose 7 points to 5,449 in trade today. (more…)
SENSEX PARES GAINS ON PROFIT BOOKING
Friday, July 23rd, 2010
MUMBAI: The markets have been trading flat after opening on a high. The benchmark indices have pared gains and at 11.53 am, the BSE index was up 22 points to 18,135 while the NSE Nifty rose 5 points 5,446. The broader markets were trading with weakness. (more…)
HIGHER GLOBAL MARKETS LIFT SENSEX TO NEW HIGHS
Friday, July 23rd, 2010
MUMBAI: The markets opened in the green and the benchmark indices made a new 52 week high on the back of strong global markets. At 9.25 am, the BSE Sensex was trading at 18,165 up 53 points while the NSE Nifty rose 14 points to 5,455. (more…)
SENSEX LEAPS PAST 18K TO CLOSE AT 30-MONTH HIGH
Thursday, July 22nd, 2010
MUMBAI: The Indian markets did a spectacular turnaround to close with big gains for a second day today. The benchmark indices closed above key psychological levels mirroring global markets. This is the highest close of Sensex since 15 February 2008. (more…)
SENSEX FLAT; M&M, AMBUJA CEM, GAIL, CAIRN INDIA UP
Thursday, July 22nd, 2010
MUMBAI: The Nifty was trading flat amid less volatility. The Nifty has been consolidating in this range of 5350-5400 for 9th consecutive trading sessions. European markets opened on a weak note. The Sensex was down 21.74 points or 0.12% at 17955.49, and the Nifty was down 1.45 points or 0.03% at 5397.90. (more…)
SENSEX FALLS ON ‘UNVERTAIN’ GLOBAL ECONOMIC OUTLOOK
Thursday, July 22nd, 2010
MUMBAI: The markets are trading in the red on account of global weakness. The benchmark indices opened lower and at 9.26 am the BSE Sensex was trading at 17,919 down 58 points while the NSE Nifty fell 17 points to 5,382. The Nifty is facing resistance at 5416 and 5453 while it has support at 5360 and 5324. (more…)
SENSEX CHOPPY; STERLITE, DLF, TCS, RINFRA DOWN
Monday, July 19th, 2010
MUMBAI: Benchmarks were witnessing a choppy session due to lack of cues from global peers. Gains in capital goods and banks were offset by losses in realty and IT stocks. “After forming a top at 5453 the Nifty is now undergoing some consolidation. Close above 5430 would pave way for further upside but near term consolidation is likely to continue. (more…)
SENSEX RECOUPS EARLY LOSSES; HDFC BANK, L&T GAIN
Monday, July 19th, 2010
MUMBAI: The benchmark Sensex almost recouped its early trading losses and was hovering just around its previous closing value. It did not react violently to 2.5-3% fall in US markets on Friday post disappointing earnings and consumer sentiment data. Technology, realty companies’ shares along with ONGC, Reliance Industries, SBI, ICICI Bank, Tata Motors, Hero Honda and Sterlite Industries were witnessing selling pressure. (more…)
