Indian Stock Markets are on a bullish streak with major indices trading in green now for sixth straight quarter, A feat which is longest in past 20 years of BSE's trading history.For the quarter ended June, the 30-share BSE index outperformed the MSCI's measure of Asian shares other than Japan which shed nearly 9 percent.
Foreign funds have pumped in $6.7 billion in Indian equities so far in 2010, after investing a record $17.5 billion in 2009. The BSE index may rise to 19,000 points by end-2010, the median estimate in a Reuters poll of 20 market participants showed, while 17 forecast it rising to 21,000 by end-June 2011.
Wednesday, June 30, 2010
Bulls at SENSEX for 6th straight quarter
Stock Markets Investing best books
For beginners of Stock markets investing you can follow this book as it is very simple to understand and implement and save you money which you will give to your agent as commision
Reserve bank all set to launch House Start Index
(posted under - RBI news, RBI of India)- The Reserve Bank of India (RBI) will soon launch a house start index, which will help gauge activity in the construction sector that employs a significant chunk of the country’s labour force.
The index is expected to give an indication of the level of activity in the construction sector, which in turn will help the central bank gauge the state of the real estate sector. Housing activity is considered as amongst the important lead indicators of economic activity, given its strong and substantial forward and backward linkages with other sectors of the economy.
Wholesale debt Market's turnover touches 568 crores
Top securities (non-repo) that traded at the WDM were the 7.27 per cent government security maturing in 2013, which traded at Rs 125.00 crore at a weighted yield of 6.70 per cent, the 7.80 per cent government security maturing in 2020, which traded at 55.00 crore at a weighted yield of 7.59 per cent and the 8.20 per cent government security maturing in 2022, which traded at Rs 40.00 crore at a weighted yield of 7.98 per cent.
This week, the weighted yields on government securities with a maturing period of 0-3 years, 3-7 years, 7-10 years and more than 10 years were quoted at 5.59 per cent, 7.18 per cent, 7.61 per cent and 7.98 per cent, respectively.
The weighted yields on treasury bills maturing within 90 days were 5.33 per cent, 91-182 days at 5.18 per cent and 183-365 days at 5.30 per cent.
The traded value of government securities, treasury bills and state government securities was Rs 6,435.39 crore and that of non-government securities was Rs 3,595.69 crore, representing 64.15 per cent and 35.85 per cent of the total traded value
Nifty | Sensex closes in green thanks to FII'S
(posted under - BSE closing, NSE rates) - major Indian stock indices including BSE's SENSEX and NSE's NIFTY closed up today near the days high today as optimistic foreign institutions continued to pour funds in frontline stocks despite rocky world markets. FMCG,oil&gas and auto led the rally while IT stocks ended marginally lower.
Bombay Stock Exchange’s Sensex closed at 17700.90, up 166.81 points or 0.95 per cent. The index touched intraday low of 17373.78 and high of 17725.04.
National Stock Exchange’s Nifty ended at 5312.50 up 56.35 points or 1.13 per cent. The broader index hit a low of 5210 and high of 5320.35 in today’s trade.
BSE Midcap Index was up 0.46 per cent and BSE Smallcap Index was up 0.44 per cent.
Amongst the sectoral indices, BSE FMCG Index moved 1.90 per cent higher, BSE Oil&gas Index gained 1.62 per cent up and BSE Auto Index moved 1.07 per cent higher.
IDFC (4.41%), Idea (4.28%), BPCL (4.27%), Kotak Bank (3.70%), and ITC (3.12%) were amongst the top Sensex gainers.
SEBI makes alterations in P-note for FII'S
Securities Exchange board or SEBI directed all foreign institutional investors (FIIs) to report 'immediately' any short position they take in the Indian market, but allowed them to report all other participatory note (P-Note ) related transactions once a week.
Although a section of the market players feels this could, to some extent, deter FIIs from creating short positions, dealers and broking house officials dealing with FIIs said this might not have any major impact on FII trades in India.
Tuesday, June 29, 2010
BSE SENSEX | NIFTY nosedives at closing 29/6
(posted under - BSE rates, SENSEX live) - Major Indian stock indices remained in red today because of global cues. All the major indices across the globe remained in red throughout. BSE's SENSEX closed down by over 240 points today.
The worst hit were stocks from metals, realty and banks whereas FMCG and capital goods ended with minimal losses. The 30 share Bombay Stock Exchange’s Sensex closed at 17534.09, down by 240.17 points. The index touched low of 17465.73 and high of 17777.95 during intraday trading. Whereas Nifty ended at 5256.15, down 77.35 points. The index touched a high of 5334.15 and low of 5235.80 in today’s trade.
BSE Midcap Index was down 0.65 per cent and BSE Smallcap Index moved 0.62 per cent lower. BSE Metal Index was down 2.74 per cent, BSE Realty Index declined 1.55 per cent and BSE Bankex moved 1.47 per cent lower. Market breadth was negative on the BSE with 1129 declines against 1728 advances.
Thursday, June 24, 2010
BSE's Oil and Gas Index Components
BSE's oil and gas index consists of some of the biggest public companies of India. These are the companies which are basically dealing with crude oil and gas or we can say fossil fuels, It is most important index of BSE and has companies listed on SENSEX as well.
Following are the companies which are part of BSE's Oil and Gas Index:
| Sr. | Company Name | Rank acc to market cap |
| 1 | Oil & Natural Gas Corpn Ltd | 1 |
| 2 | Reliance Industries Ltd | 2 |
| 3 | Indian Oil Corporation Ltd | 3 |
| 4 | GAIL (India) Ltd | 12 |
| 5 | Hindustan Petroleum Corporation Ltd | 21 |
| 6 | Bharat Petroleum Corporation Ltd | 23 |
| 7 | Mangalore Refinery And Petrochemicals Ltd | 32 |
| 8 | Chennai Petroleum Corporation Ltd | 89 |
| 9 | Petronet LNG Ltd | 99 |
| 10 | Essar Oil Ltd | 201 |
Bombay Stock Exchange's FMCG Index Companies
Bombay stock exchange has many sectoral indices in which Fast Moving Consumer Goods or FMCG Index is also one of the sectoral index which consists of heavyweights of the FMCG Sector. However different companies have got different weightage in FMCG Index. There are total 12 companies which are part of the FMCG Index.
The Components of BSE's FMCG Sectoral Index is as follows:
| Company Name | Company Code | Weightage |
| United Spirits Ltd | 532432 | 0.5 |
| United Breweries Ltd | 532478 | 0.25 |
| Tata Tea Ltd | 500800 | 0.65 |
| Ruchi Soya Industries Ltd | 500368 | 0.6 |
| Nestle India Ltd | 500790 | 0.4 |
| Marico Limited. | 531642 | 0.4 |
| ITC Ltd. | 500875 | 0.7 |
| Hindustan Unilever Ltd | 500696 | 0.5 |
| Godrej Consumer Products | 532424 | 0.35 |
| Dabur India Ltd. | 500096 | 0.3 |
| Colgate Palmolive (India) Ltd | 500830 | 0.5 |
| Britannia Industries Ltd | 500825 | 0.5 |
Indian Stock Markets closes marginally down
(posted under - BSE live, SENSEX closing) - A last hour correction at European markets had its effect on Indian stock markets which saw heavy selling in afternoon after opening and remaining in green throughout until the afternoon.
National Stock Exchange’s Nifty closed at 5320.60, down by 2.55 points. The 50 stock index hit intraday high of 5348.30 and low of 5284.90.
The 30 share benchmark index Sensex also closed lower at 17730.24 down by 25.70 points. The index touched a high of 17845.65 and low of 17632.80 during intraday trade.
Sectoral indices had a mixed day with BSE Realty Index was down by 0.78 percent, BSE Oil&gas closed in red by 0.66 per cent. However BSE FMCG Index closed up by 1.01 percent and BSE Capital Goods Index closed up by 0.77 percent. BSE Midcap Index was also up 0.12 percent and BSE Smallcap Index moved 0.17 percent higher.
Market breadth was positive on the BSE with 1569 gainers and 1298 losers.
Wednesday, June 23, 2010
Indian Stock Indices closes flat
(posted under - BSE Rates, SENSEX closing) - Major Indian stock indices including (BSE's SENSEX, NSE's NIFTY) closed almost flat, with a slight upward deviation.
Bombay Stock Exchange’s Sensex closed at 17755.94, up 6.25 points or 0.04 per cent. The 30-share index touched intraday low of 17629.19 and high of 17782.41.
National Stock Exchange’s Nifty ended at 5323.15, up 6.60 points or 0.12 per cent. The broader index touched a low of 5288.15 and high of 5333.30 in today’s trade. The BSE Midcap Index was up 0.84 per cent and BSE Smallcap Index moved higher by 0.70 per cent. BSE Realty Index advanced 1.43 per cent, BSE Healthcare Index moved 1.42 per cent higher and BSE IT Index edged 0.73 per cent up.
Market breadth was positive on the BSE with 1901 advances against 1191 declines.
Tuesday, June 22, 2010
Indian stock indices in red as globas cues engulf Dalal street
(posted under SENSEX closing, BSE rates) - Major Indian stock indices including BSE's SENSEX and NSE's NIFTY closed in deep red as global uncertainity in all asian indices continued and Indian markets followed all the peers in closing down.
Bombay Stock Exchange’s Sensex closed at 17748.60 down 127.95 points. The index touched a low of 17725.63 and high of 17868.12 during trading sessions today. Nifty closed at 5316.55, down 36.75 points. The 50 share index hit a low of 5311.05 and high of 5354.35.
BSE Midcap Index was down 0.02 per cent and BSE Smallcap Index moved 0.05 per cent higher. BSE FMCG Index was up 0.72 per cent and BSE Oil&gas Index advanced 0.04 per cent. BSE Metal Index slipped 1.90 per cent and BSE IT Index declined 1.29 per cent.
Market breadth was negative on the BSE with 1318 gainers against 1533 losers.
BSE'S SENSEX | NIFTY down as Chinese yuan dissapoints
Bombay Stock Exchange’s Sensex was at 17792.80, down 83.75 points or 0.47 per cent. The index touched a low of 17732.77 and high of 17868.12 in trade so far.
National Stock Exchange’s Nifty was at 5329.95, down 23.35 points or 0.44 per cent. The broader index hit a low of 5315.55 and high of 5354.35.
BSE Midcap Index was up 0.23 per cent and BSE Smallcap Index moved 0.27 per cent higher.
Amongst the sectoral indices, BSE FMCG Index was up 1.06 per cent and BSE Realty Index advanced 0.41 per cent. BSE Metal Index slipped 1.24 per cent and BSE IT Index declined 0.90 per cent.
Market breadth turned negative on the BSE with 1429 losers against 1307 gainers.
Tuesday, June 15, 2010
Indian Stock Markets closes up | SENSEX | NIFTY smiles
Major Indian Stock Indices(BSE's SENSEX, NSE's NIFTY) remained in green throughout the day as European economies raised optimism due to EURO gains.
National Stock Exchange’s Nifty was at 5222.35 at closing today, up 24.65 points touching a high of 5231.45 and low of 5171.05.
Sensex closed at 17412.83, up 74.66 points. The 30-share index reached a low of 17249.46 and high of 17442.50 during the trading day.
BSE Realty Index was up 2.60 per cent and BSE PSU Index gained 1.61 per cent. BSE IT Index declined 0.54 per cent and BSE Oil&gas fell 0.55 per cent. BSE Midcap Index was up 0.38 per cent and BSE Smallcap Index moved 0.85 per cent higher.
Market breadth was positive on the BSE with 1783 advances and 1326 declines.
Monday, June 14, 2010
BSE's SENSEX closes up by 273 points
(posted under - BSE live, SENSEX closing) - Indian Stock indices (BSE's SENSEX and NSE's NIFTY) both closed in green today as Euro data helped in gaining momentum.
According to me the markets should open in green tomorrow as the environment looks very promising globally now!
Today's Report card for SENSEX and NIFTY:
Shrugging off concerns over double digit inflation, the 30-share barometer of the Bombay Stock Exchange rose 273.2 points, or 1.6 per cent, to finish at 17,338.17 .
The wide-based 50-share Nifty Index of the National Stock Exchange also ended 1.53 per cent higher at 5,197.70. TCS rose 2.85 per cent and Wipro zoomed 4.13 per cent, propelling the BSE IT index to 5,351.98, up 3.69 per cent. all because of news from UK about possible huge outsourcing in pipeline.
In the Sensex components, 25 stocks ended with gains, while five ended with losses.
Thursday, June 10, 2010
Indian Stock Markets closes up as EU boosts
(posted under - SENSEX closing, Indian stock markets) - Major Indian stock indices closed in green today as Euro Zone economies showed some promising growth as Euro was up by 1 percent against USD.
Bombay Stock Exchange’s Sensex ended at 16,922.08, up 264.04 points or 1.59% per cent. The index touched a high of 16942.60 and low of 16668.91.
National Stock Exchange’s Nifty closed at 5,078.60, up 78.30 points or 1.57% per cent. The 50-share index hit a high of 5085.20 and low of 4997.60.
BSE Midcap Index was up 1.15 per cent and BSE Smallcap Index advanced 1.35 per cent higher.
Amongst the sectoral indices, BSE Auto Index gained 3.53 per cent, BSE Metal Index moved 2.29 per cent higher and BSE Realty Index advanced 1.83 per cent.
Market breadth was positive on the BSE with 1555 gainers and 1089 losers.
Tuesday, June 8, 2010
BSE SENSEX | NIFTY closes over 1 perc down
(posted under - BSE closing, Nifty closing) - Bombay Stock Exchange’s Sensex closed at 16,617.10, down 163.97 points or 0.98 per cent. The index touched a low of 16,560.64 and high of 16,895.73 during the session.
National Stock Exchange’s Nifty ended at 4897.10, down 46.90 points or 0.87 per cent. The broader index touched a low of 4967.30 and high of 5071.35 intraday.
The BSE Midcap Index and BSE Smallcap Index ended 0.55 per cent lower each. BSE Realty Index fell 2.57 per cent, BSE Metal Index moved 2.19 per cent lower and BSE Oi&gas Index declined 1.38 per cent. Market breadth was negative on the NSE with 1838 losers against 1249 gainers.
Monday, June 7, 2010
Global cues pulls SENSEX at closing - Down 336 points
(posted under - BSE closing rates) - Bombay Stock Exchange’s 30 share benchmark index Sensex ended at 16,781.07, down 336.62 points or 1.97 per cent. The index hit intraday low of 16686.73 and high of 17069.77.
National Stock Exchange’s Nifty closed at 5034, down 101.50 points or 1.98 per cent. The index hit intraday low of 5004.25 and high of 5132.95 in today’s trade.
BSE Midcap Index fell 1.37 per cent and BSE Smallcap Index moved 1.45 per cent lower. BSE Metal Index was down 3.99 per cent, BSE Realty Index declined 3.89 per cent and BSE Oil&gas Index slipped 1.92 per cent. Market breadth was negative on the BSE with 1909 declines against 869 advances.
Saturday, June 5, 2010
Stock Markets Investing tips -you never knew earlier
Investing in Stock Markets is always considered very difficult job by the people, since it has lots of risk and investing Acumen at stake, One thing is sure that no Stock market investment companies can give gurantee of their investing tips so atlast it comes to ones own self to analyse the market and gain from it.
Always remember no analyst/investment advice company company can give guarantee returns, that is they simply cant work without the disclaimerswhich they attach alongwith their websites or otherwise.
So here are probably 50 best investing tips for a layman who wants to start investing in stock markets without fail...I SAID WITHOUT FAIL !!
1. Do not buy a stock without examining the financial health of the company from atleast last 3-4 years(most of the companies which provide stock advice often donot follow this important tip because it needs lots of analysis and acumen which except Warren buffett no body can provide.
2. Go for a good and professional help so that you can be guided about the market (also check that there are lots of such fake professionals around today so choose a genuine one for investing your hard money(only in case you dont have time for analysis or mental acumen to do so...only if you are a dumb).
3. Never buy a stock without knowing its business and who its competitor is - If the competitor is too big and authoritative(have good political relations) then be away from such small cos.
4. Follow the leaders of an industry so that you can get good knowledge of the market - Examine and analyse functioning of such company from last five years atleast(for a long term investment)
5. Do not guess the futures of Indian stock markets as they are very volatile just have a terrific analysis acumen.
6. Never buy stocks when market indexes are in up-trend because chances of loosing are too high because such trends are often made by brokers but actual fundamentals of that company are too weak.
7. Try to wait until the stock market has clearly turned around. - That wait can be everlasting though due to volatility.
8. Always make your decision to buy the top companies of industries (when their stock is undervalued).
9. Make it a point to buy companies with new products or services (companies which are very innovative in approach) and mind it very few indian cos fall in this list as all are copy cats or inspired by some other company.
10. Make sure that you buy stocks that are expanding in the stock market (this requires analysis of that company from very basic).
11. Try to determine whether large or small caps are favoured in the stock market.
12. The earnings should be growing from last 2-3 years for that company.
13. Try to invest in companies that have high experienced management(because they would know techniques haw to prohibit other cos to come at power).
14. Make decisions after you are fully confident by the findings of your analysis about a company.
15. Do not be impatient(apply wait and analyse philosphy).
16. Be a long time investor for better returns.
17. Go for a good broker (and who can negotiate for commision).
18. Set a strict budget(never go to purchase stocks beyond your financial limits because that can be very devastating).
19. Set your goals.
20. be always optimistic about your approach.
21. Aim higher and i am sure you will achieve it.
22. Try to minimize risk(strong analysis skill required again).
23. Maintain market records - for atleast last three years for the stock in which you want to invest.
24. Do not be greedy.
25. Act wise.
26. Think more.
27. Make a research.
28. Understand the value which a stock can deliver.
29. know about NSE and BSE, and working of stock markets too
30. Buy fixed income securities as these are the best bets.
31. Minimize risk.
32. Try to spend less.
33. Enjoy open communication - on any stock market forum.
34. Keep track of records.
35. Ask for latest updates about your favourite stock.
36. Beware of fraud brokers- mind it their are many on net or outside.
37. Set yourself on win-win situations.
38. have some basic stock investing tips (this post fulfills your this tip).
39. Never average down - mediocre stocks have no life.
40. Pay attention to real estate - but this is highly volatile market.
41. Avoid fraud email links, stock market tricks, websites without disclaimers are fraud for sure.
42. Set your objectives higher.
43. Do not give any credit card details even to the brokers present online (who are not listed on my blog).
44. Never be disappointed - (remember profit and loss are two sides of a coin).
45. Listen to stock news - important if you are going to make short term investment instead of long term.
46. Follow these evergreen investment tips.
47. Consult experienced stock market consultant.
48. Have faith in your hired technical or fundamental analysts (provided he/she high calibre and tremendous analytical skills required for reading face of a company from stock value)
49. Do not overextend your budget - last but a very very basic one for all.
So here i finish my typing and hope that you will definitely gain from these tips and spread a word about them. If you think your tip should also be included here please leave a comment.
HAPPY TRADING!!
Top Mutual Funds Companies in India
Mutual Funds are every where these days with lot of companies coming into domain of Mutual funds investing. There is already cutthroat competition in mutual funds companies. With following major companies (among the top MF companies of Indian) but do remember that mutual fund investing is based on Stock Markets.
Related posts:
Mutual Funds Investing tips
State Bank of India Mutual Fund(one of the safest) - State Bank of India Mutual Fund is the first Bank sponsored Mutual Fund to launch offshor fund, the India Magnum Fund with a corpus of Rs. 225 cr. approximately. Today it is the largest Bank sponsored Mutual Fund in India.
ABN AMRO Mutual Fund - The AMC, ABN AMRO Asset Management (India) Ltd. was incorporated on November 4, 2003. Deutsche Bank A G is the custodian of ABN AMRO Mutual Fund.
Birla Sun Life Mutual Fund - Birla Sun Life Mutual Fund is the joint venture of Aditya Birla Group and Sun Life Financial.
BOB Mutual Fund - Bank of Baroda Mutual Fund or BOB Mutual Fund was setup on October 30, 1992 under the sponsorship of Bank of Baroda.
LIC Mutual Fund(Safest of all) - Life Insurance Corporation of India set up LIC Mutual. The Trustees of LIC Mutual Fund have appointed Jeevan Bima Sahayog Asset Management Company Ltd as the Investment Managers for LIC Mutual Fund.
HDFC Mutual Fund - HDFC Mutual Fund was setup on June 30, 2000 with two sponsorers nemely Housing Development Finance Corporation Limited and Standard Life Investments Limited.
HSBC Mutual Fund(Hongkong Shanghai banking Corporation) - HSBC Securities and Capital Markets (India) Private Limited as the sponsor. Board of Trustees, HSBC Mutual Fund acts as the Trustee Company of HSBC Mutual Fund.
ING Vysya Mutual Fund - ING Vysya Mutual Fund was setup on February 11, 1999 with the same named Trustee Company. It is a joint venture of Vysya and ING. The AMC, ING Investment Management (India) Pvt. Ltd. was incorporated on April 6, 1998.
Prudential ICICI Mutual Fund - The Trustee Company formed is Prudential ICICI Trust Ltd. and the AMC is Prudential ICICI Asset Management Company Limited incorporated on 22nd of June, 1993.
Sahara Mutual Fund - Sahara Asset Management Company Private Limited incorporated on August 31, 1995 works as the AMC of Sahara Mutual Fund. The paid-up capital of the AMC stands at Rs 25.8 crore.
Tata Mutual Fund - Tata Mutual Fund (TMF) is a Trust under the Indian Trust Act, 1882. The sponsorers for Tata Mutual Fund are Tata Sons Ltd., and Tata Investment Corporation Ltd.
Kotak Mahindra Mutual Fund - Kotak Mahindra Asset Management Company (KMAMC) is a subsidiary of KMBL. It is presently having more than 1,99,818 investors in its various schemes. KMAMC started its operations in December 1998.
Unit Trust of India Mutual Fund - UTI Asset Management Company Private Limited, established in Jan 14, 2003, manages the UTI Mutual Fund with the support of UTI Trustee Company Privete Limited. The schemes of UTI Mutual Fund are Liquid Funds, Income Funds, Asset Management Funds, Index Funds, Equity Funds and Balance Funds.
Reliance Mutual Fund - Reliance Mutual Fund (RMF) was established as trust under Indian Trusts Act, 1882. Reliance Mutual Fund was formed for launching of various schemes under which units are issued to the Public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securities.
Standard Chartered Mutual Fund- Standard Chartered Mutual Fund was set up on March 13, 2000 sponsored by Standard Chartered Bank.
Franklin Templeton India Mutual Fund - The group, Frnaklin Templeton Investments is a California (USA) based company with a global AUM of US$ 409.2 bn. (as of April 30, 2005). It is one of the largest financial services groups in the world.
Morgan Stanley Mutual Fund India - Morgan Stanley is a worldwide financial services company and its leading in the market in securities, investmenty management and credit services.
Alliance Capital Mutual Fund - Alliance Capital Mutual Fund was setup on December 30, 1994 with Alliance Capital Management Corp. of Delaware (USA) as sponsorer.
Benchmark Mutual Fund - Benchmark Mutual Fund was setup on June 12, 2001 with Niche Financial Services Pvt. Ltd. as the sponsorer and Benchmark Trustee Company Pvt.
Canbank Mutual Fund
Canbank Mutual Fund was setup on December 19, 1987 with Canara Bank acting as the sponsor. Canbank Investment Management Services Ltd.
Chola Mutual Fund
Chola Mutual Fund under the sponsorship of Cholamandalam Investment & Finance Company Ltd. was setup on January 3, 1997.
GIC Mutual Fund(also safe option) - GIC Mutual Fund, sponsored by General Insurance Corporation of India (GIC), a Government of India undertaking and the four Public Sector General Insurance Companies, viz. National Insurance Co. Ltd (NIC)
Friday, June 4, 2010
NSE's NIFTY ends in green today
(posted under - NSE closing, NIFTY closing)- National Stock Exchange's 50 share NIFTY closed up today after gaining some momentum from other Asian markets, Nifty opened in red today but gained as the day progressed.
Nifty ended today at 5135.50, up 25 points. The 50 share index touched a low of 5091.60 and high of 5147.90.
BSE SENSEX closes in green - 4/6/2010
BSE's 30 share benchmark index SENSEX closed up by 95 points as positive cues from global markets and investors poured in off late. Market breadth was negative on the BSE with 627 gainers against 664 declines.
Sensex closed at 17117.69, up 95.36 points or 0.56 per cent. The 30-share index hit a low of 16963.92 and high of 17150.42.
BSE Midcap Index was up 0.21 per cent and BSE Smallcap Index moved 0.15 per cent higher.
Amongst the sectoral indices, BSE FMCG Index gained 1.69 per cent and BSE IT Index advanced 0.93 per cent. BSE Metal Index slipped 0.24 per cent and BSE Power Index declined 0.19 per cent.
Tuesday, June 1, 2010
weak global cues bring bears at SENSEX - closes down
Bombay Stock Exchange’s Sensex ended at 16572.03, down 372.60 points or 2.20 per cent. The index touched a low of 16318.39 and high of 16942.82 in today’s trade.
National Stock Exchange’s Nifty closed at 4970.20, down 116.10 points or 2.28 per cent. The broader index hit intraday low of 4961.05 and high of 5086.95.
BSE Midcap Index was down 1.33 per cent and BSE Smallcap Index moved 0.99 per cent lower.
All the sectoral indices ended in the red. BSE Metal Index fell 3.86 per cent, BSE Realty Index slipped 2.95 per cent and BSE Oil&gas Index declined 2.53 per cent.

