Friday, October 1, 2010
SENSEX shines - Up over 375 points Nifty follows
It proved to be a very good day for Indian stock markets today as major indices like 30 component BSE's SENSEX and NSE's Nifty, SENSEX closed up by 3.75 percent today, The rise was due to strong sales by Indian Auto Companies Maruti Suzuki posted record sales for month of september and Tata Motors also showed around 23 percent rise in net sales for the month of september 2010.
IT stocks also gained between 2.1 percent to 4.1 percent today.
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The 30-share SENSEX index closed up by 375.92 points to 20,445.04 points, taking gains in the week to nearly 2 percent. The index might touch the all time high figure once again in near future as the global economy looks very promising with increase in Chinese manufacturing data. Foreign institutional investors are showing great amount of trust in indian Stock markets which is proved by a $18.2 billion direct investment already done in Indian businesses.
The National Stock Exchange's broader index Nifty closed at 6143.40 up by over 113 points.
Wednesday, August 11, 2010
SENSEX - IT Index leads today's Stock market fall
Indian Stock indices Nifty and SENSEX closed in deep red today, National Stock Exchange index Nifty closed down by 40.10 points to 5,4520.60.
Indian software companies were most hut stocks of the day as bad news from US reached India, It may be recalled that Indian services companies earn more than 50 per cent of their revenue from the US and Europe. Software services provider, Infosys Technologies, the second-most valuable scrip on the Sensex, lost Rs 21.85 to Rs 2,810.80, while Wipro fell by Rs 9.75 to Rs 418.15 and Tata Consultancy Services by Rs 5.70 to Rs 858.85.
Trading was more of a stock-specific nature, with the result that 24 stocks in the 30-BSE index components fell, while six ended with gains.
Tuesday, July 20, 2010
Pharma, Auto, bank stocks drag SENSEX down -20/7
Indian stock markets witnessed a lackluster day today as there was not much at the Dalal Street.
At the end of the day, SENSEX closed down by little over 50 pts and Nifty too closed down. Major decline were in Pharma stocks, Auto stocks and banking stocks.
The details about today's trading are as follows:
Bombay Stock Exchange’s Sensex closed at 17856.75, down 71.67 points. The index touched intraday high of 18040.17 and low of 17848.07.
National Stock Exchange’s Nifty ended at day’s low of 5353.65, down 32.80 points. The index touched a high of 5416.45 in today’s trade.
Coming to Sectoral Indices (read full post here)
SENSEX Components closing prices for today can be seen here - SENSEX companies stocks updates
BSE Midcap Index was down 0.47 per cent and BSE Smallcap Index moved 0.43 per cent lower.
BSE Healthcare Index declined 0.92 per cent and BSE Auto Index slipped 0.88 per cent higher and BSE Bankex was 0.55 per cent lower. BSE Realty Index moved up.
Monday, July 5, 2010
Majority of top 10 BSE companie's M-cap rockets
(posted under - BSE live, BSE Stocks) - Majority of top 10 companies of BSE added a whopping 17000 crores to their Market Capitalisation, Oil and Natural gas Corporation(ONGC) was first in list and added more then 8000 crores. ONGC gained 3.24 per cent to settle at Rs 1,305.05 at the end of Friday's trade on the Bombay Stock Exchange.
RIL gained 1707 crores, NTPC at the third spot saw its valuation swell by Rs 5,029.73 crore to Rs 1,66,764.43 crore. ITC gained over 190 crores.
Monday, January 18, 2010
SENSEX | NIFTY closes in green as fin. stocks climb
(posted under BSE live, NSE live) - It was a good day for indian stock indices as major indices ended in green today as shares of technology companies and financial institutions boosted the markets.
Bombay Stock Exchange’s Sensex was at 17,628.71, higher by 74.41 points or 0.42 per cent. The index touched a high of 17,712.60 and low of 17,505.50 in trade so far.
BSE Midcap Index was up 0.57 per cent and BSE Smallcap Index climbed 0.63 per cent.
National Stock Exchange’s Nifty closed at 5275.35, thus moving up by 23.15 points.
SECTORAL INDICES -
BSE Bankex was up by 2.51 percent, BSE PSU Index up 1.85 percent and BSE Auto Index up 1.69 percent. However BSE Metal Index and BSE Oil & Gas Index lost 0.38 per cent each.
Wednesday, November 11, 2009
Indian share Markets in all green SENSEX rises 409 pts | NIFTY above 5000
(posted under - Indian Share Markets, BSE closing) - All the major indian stock indices closed up today with the benchmark index BSE's SENSEX moved up by 409 points at closing, NSE's NIFTY also closed above the 5000 mark.
Bombay Stock Exchange’s Sensex ended at 16,867.62, up 427.06 points or 2.60 per cent from the previous close. The index surged to a high of 16,887.80 from a low of 16,405.19.
Nifty closed at provisional 5003.95, higher by 2.65 per cent or 122.25 points. The index climbed to a high of 5016.70 from a low of 4870.05 intra-day.
Sectorl Index | Closing remarks |
BSE Midcap | Up^2.05 percent |
BSE Smallcap | Up^1.59 percent |
BSE IT Index | Up^4.05 percent |
BSE Metal Index | Up^4.31 percent |
BSE Realty Index | Up^2.55 percent |
Tuesday, November 3, 2009
SENSEX crashes | Down by 500 pts | Nifty follows
(posted under - BSE live, SENSEX rates) - Indian stock indices were under severe selling pressures as realty stocks took the beating , the 30 share benchmark index BSE'S SENSEX closed a whopping 500 points down today.
The closing prices of Indian Stock markets and sub indices for 3rd november 2009 is as follows:
SENSEX Closing stock price | 15404.94 | -491.34 |
NIFTY closing price | 4563.90 | -147.90 |
BSE Midcap | Down 3 percent | |
BSE Realty | Down 9.76 percent | |
BSE Metals | Down 5.95 percent | |
BSE Oil & Gas | Down 4.10 percent |
Wednesday, May 13, 2009
Foreign investments of Rs 4107 cr holds sensex above 12000 mark
(13/5/07 - bse stocks)Foreign institutional investors (FIIs) on Wednesday made a net investment of a whopping Rs 4,106.96 crore in the equity market, the biggest inflow in a single day so far this year, even as the BSE benchmark Sensex slipped into red dipping 138 points.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
In today's market FIIs were gross buyer of shares worth Rs 6,082.60 crore and sold equities worth Rs 1,975.64 crore, resulting in a net purchase of Rs 4,106.96 crore, as per provisional data on the Bombay Stock Exchange.
An analysis of SEBI data shows the investment of Rs 4,107 crore is the biggest in a single day so far this year. Marketmen said the FII investment in the equity market today helped the Sensex retain the 12,000 level even as retail investors turned net sellers.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
FIIs have pumped in a net of Rs 5,037.10 crore in stocks in May, while so far this year, FIIs made a net investment of Rs 5,887.50 crore in Indian equities, Sebi data shows.
While, brokers, on the behalf of their clients, sold shares worth Rs 3,868 crore, domestic institutional investors showed confidence and invested Rs 105.73 crore in equities. Proprietors and non-resident Indians booked profit and sold shares worth Rs 45 crore and Rs 1.65 crore respectively.
The BSE's 30-scrip Sensex today closed at 12,019.65 level, down 1.14 per cent or 138.38 points.
Monday, May 11, 2009
FII's make fresh investments of ~ 80 crore
(11/5/09 - FII updates) - Foreign institutional investors on Monday made a net investment of Rs 79.88 crore in Indian equities, even as the BSE's benchmark index slipped 193.44 points to close at 11,682.99 level.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
FIIs were the gross purchaser of shares worth Rs 1,622.80 crore, whereas they sold equities worth Rs 1,542.92 crore resulting in a net buy of shares worth Rs 79.88 crore, as per the provisional data available with the Bombay Stock Exchange.
On Friday, FIIs had made a net investment of Rs 1,240.60 crore, according to the latest data available with the market regulator Securities and Exchange Board of India (SEBI) shows.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
However, domestic institutional investors booked profit and sold shares worth Rs 17.31 crore. Proprietors also offloaded a net Rs 46.28 crore shares in the market, according to the BSE data.
Thursday, April 23, 2009
BSE News - BSE aims at internationalization of listing businesses
(April 23/2009 - BSE News) - BSE(Bombay Stock Exchange) with a cooperation agreement with Deutsche Börse aims at internationalization of listing businesses of both Exchanges, thereby benefiting all the participants including exchanges, issuers and investors.
This cooperation combines the expertise and brand recognition of each partner exchange with the opportunities of gaining global reach and attention. Therefore we offer worldwide visibility and investors' awareness by joint marketing initiatives and a common online portal to promote listings and data disseminations. Above that there is an option on cross listings opportunities.
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
Indian issuers can meet the European investor base on various occasions like the German Equity Forum or international road shows with globally operating investors hosted by Deutsche Börse.
for details on Deutsche Börse and listing on Deutsche B - CLICK HERE
posted under - BSE News,BSE updates, Bombay stock exchange, BSE live, BSE stocks, BSE rates
Wednesday, April 22, 2009
SEBI tightens investment norms
(22/4/2009 - SEBI news ) - Market regulator SEBI imposed a ceiling of 30 per cent on resources a mutual fund can invest in the debt instruments of a single entity, a move that will help asset managers to diversify risks.
"The Board decided to amend the Seventh Schedule of SEBI (Mutual Fund) Regulations to provide that no mutual fund scheme shall invest more than 30 per cent of its net assets in money market instruments of an issuer," SEBI said in a statement after the Board meeting.
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
The schemes may, however, continue to invest up to 15 per cent or 20 per cent of its net assets, in other investment grade debt instruments of an issuer as already provided in the regulations, it added.
Welcoming the decision, AMFI Chairman A P Kurien said " the move was suggested by us as it will help in reducing risk by cutting down overexposure in a single entity."
Valueresearch CEO Dhirendra Kumar said it is a modest initiative by the regulator and will lead to reducing systemic risks. It will ensure safety of investors' money although it will be bit tough for fund houses to comply with.
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
However, it said, these limits will not cover investments in government securities, T-Bills and Collateralized Borrowing and Lending Obligations (CBLO).
posted under - SEBI, SEBI updates, indian markets updates, Securities exchange board, Indian stocks, BSE, BSE stocks, NSE stocks
Monday, April 20, 2009
Sensex closes below 11K - 20/4/2009
(20/4/2009 BSE NSE stocks updates) - Bombay Stock Exchange’s Sensex ended at 10,979.50, down 43.59 points or 0.4 per cent. The 30-share index touched an intra-day low of 10863.28 and high of 11209.66.
National Stock Exchange’s Nifty closed at 3377.10, down 0.22 per cent or 7.3 points. The broader index hit a low of 3339.45 and high of 3441.10 during the day.
The BSE Midcap Index closed 1.62 up and BSE Smallcap Index ended 1.51 per cent higher.
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
“Long term trend of the market has turned positive but the short-term trend is volatile. Traders are betting on the long term trend and accumulating midcaps and smallcaps which were beaten down badly and are still available at attractive prices,” Sharma said.
Biggest Sensex gainers were Reliance Infrastructure (5.83%), Jaiprakash Associates (5.02%), Tata Motors (4.15%), Sterlite Industries (2.81%) and Larsen & Toubro (2.01%).
ICICI Bank (-3.38%), NTPC (-3.37%), Grasim Industries (-2.42%), Tata Power (-2.39%) and Tata Consultancy Services (-2.21%) were the losers.
posted under - sensex updates, BSE stocks, BSE updates, NSE updates, Indian markets updates, Bombay stock exchange, sensex live updates, indian stocks updates
Wednesday, April 8, 2009
United Spirits, McDowell Holdings delisted from Delhi Stock exchange
United Spirits Ltd and McDowell Holdings Ltd,both controlled by Vijay Mallya engaged in production and supply of liquor business, on Wednesday said equity shares of both companies have been delisted from Delhi Stock Exchange Ltd with effect from March 31, 2009.
Delhi Stock Exchange Ltd has informed the two firms that their equity shares stand delisted from the the DSE following their request in this regard, United Spirits and McDowell Holdings said in separate regulatory filing with the Bombay Stock Exchange.
Also Read :
-G20 summit updates 2009
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
The two companies had earlier filed an application with DSE for delisting of their equity shares after seeking approval from shareholders of the said firms.
Shares of United Spirits and McDowell Holdings closed at Rs 682.25 and Rs 43.45, up 2.85 and 4.95 per cent, respectively, on the BSE.
posted under - DSE updates, United spirits updates, Indian stock markets, BSE stocks, Mcdowell updates, United spirits company updates, Vijay Mallya owned company's
Wednesday, April 1, 2009
BSE | NIFTY looks @ Lok Sabha elections hoping of turnaround
The stock market is riding a global rally and is hoping a major party wins a strong hand at coming elections, but could be beaten back if a One out of six stocks beat Sensex fractious group of parties including Communists gains influence at the polls.
Investors are pricing victory for a coalition led by either the ruling Congress or Bharatiya Janata Party (BJP) when the world's largest democracy goes to polls between April 16 and May 13 against a backdrop of slowing growth.
Also Read :
-G20 summit updates 2009
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
But cracks in the two main national coalitions have raised fears that a "Third Front" could tip the balance of power, which market watchers believe could pull down stocks by between 15 to 30 per cent from current levels.
"Developments in politics seem to be increasing the probability of very fragmented parliament, which could spoil chances for a post-election recovery in markets as well," Morgan Stanley analyst Ridham Desai said in a recent note.
The benchmark 30-share BSE index fell more than 52 per cent in 2008, a record fall, and lost ground at the start of 2009. The index looks to have found a footing since early March, rising 9 per cent in the month on hopes the worst may have passed for the world economy.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
That was enough to see the market finish the March quarter up 0.6 per cent, its first quarterly rise since the end of 2007. It rose another 2 per cent on Wednesday to close at 9,901.99
posted under - BSE updates, NSE updates, NSE stocks, BSE stocks, Sensex updates, BSE, BSE latest updates, nifty, Nifty updates
Tuesday, March 24, 2009
BSE | NSE Stocks closing rates - March 2009
This post consists of daily closing rates of BSE (Bombay Stock Exchange) and NSE (Nifty) for the month of march 2009 all the enteries are in indian calendar year dates.
PS - green color of the entry shows market going up & red color shows that corresponding index closed lower when compared with previous day close
Index Name Closing Price Change wrto previous day close Remarks
March 31/09 BSE NSE NASDAQ DJIA closing stock rates :
SENSEX 9708.50 140.36 Up^140.36
NIFTY 3020.95 42.80 Up^42.80
NASDAQ 1501.80 -43.40 Down(-43.40)
DJIA 7522.02 -254.16 Down(-254.16)
March 30/09 BSE NSE NASDAQ DJIA closing rates :
SENSEX 9568.14 -480.35 Down(-480.35)
NIFTY 2978.15 -130.50 Down(-130.50)
NASDAQ 1545.20 -41.80 Down(-41.80)
DJIA 7776.18 -148.38 Down(-148.38)
March 25/09 BSE NSE NASDAQ DJIA closing rates
SENSEX 9667.90 196.86 UP^196.86 pts
NIFTY 2984.35 45.65 UP^45.65 pts
NASDAQ 1516.52 -39.25 DOWN(-39.25)
DJIA 7659.97 -115.89 DOWN(-115.89)
March 24/09 BSE NSE NASDAQ DJIA closing rates
SENSEX 9471.04 47.02 Up^47.04 pts
NIFTY 2938.70 -1.20 Down (-1.20) pts
NASDAQ 1555.77 98.50 Up^98.50 pts
DJIA 7775.86 497.48 Up^497.48 pts
posted under - BSE stocks, NSE stocks, DJIA stocks, Nasdaq stocks, S and P stocks news, BSE closing Rates, djia closing, sensex closing, Nifty closing, dow jones closing, indian markets updates
Friday, March 20, 2009
March 20/09 - Nifty seen volatile between 2700 and 2850
March 20/09 - (NIFTY CLOSING UPDATES) - NSE’s 50-share Nifty closed the day at 2807.05, down just 0.10 points. The Sensex ended 0.39 per cent lower at 8966. levels. Intraday, Nifty touched a high of 2816.10 and low of 2773.65, a band of 43 points.
Nifty March futures provisionally ended at a discount of 8.5 points against a discount of 7 points on Thursday. The contract price slipped 0.08 per cent while open interest added 22.52 lakh shares. The sell quantity was slightly higher than buy quantity, suggesting slight build up of short positions.
Nifty April futures, on other hand, ended at 12 points discount. The contract price was down just 0.01 per cent while it added 21.72 lakh shares in OI. The discount spread between the two contracts indicates rollover of short positions to the April series.
On options front, call buying was seen at 2800 while call writing at 2900 strikes and unwinding of longs were observed at 3000 strike suggesting strong resistance for Nifty in near term. Huge put writing was seen at 2800 and 2700 strikes while moderate put buying was observed at 2900 strike. The options build up suggests Nifty will remain in 2750-2850 range.
posted under - Nifty, Nifty updates, indian market updates, NSE updates, bse stocks, NSE stocks, National stock exchange updates, nifty stock updates, march updates
source - www.economictimes.com
Thursday, March 19, 2009
19/3/09 - BSE, NSE surpasses key psycological checkpoints (levels)
After a firm opening taking cues from global shores, investors took to profit booking at higher levels. Sentiment worsened after inflation eased close to zero -- a sharp slide towards deflationary territory. The annual rate of inflation fell by as much as 200 basis points to a historic low of 0.44 percent for the week ended March 7 against 2.43 percent for the week before.
However, the silver lining to the fall in inflation rate was that the central bank may take some steps soon to help lower the cost of credit for the corporate sector and push demand, which helped lift sentiment. A positive opening on the European bourses also lent support.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
“Investors were clearly looking at booking profits at short intervals. The Nifty is now trading in a range of 2825-2750. On the upside, the index faces resistance around 2800-2830 levels while the support is around 2750-2740 levels. If the Nifty falls below 2750, then a correction right upto 2675 seems possible,” said Manas Jaiswal, senior technical analyst at Emkay Shares and Stock Brokers.
National Stock Exchange’s Nifty ended above the crucial level of 2800; at 2807.15, up 0.45 per cent or 12.85 points. The index moved in a range of 2822.25 and 2771.35. Bombay Stock Exchange’s Sensex settled at 9,001.75, up 25.07 points or 0.28 per cent. The index swung in a 100-point band through the day.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
The broader market also lost steam during the course of the day but held onto gains. BSE Midcap Index ended 0.52 per cent higher and BSE Smallcap Index was up 1.08 per cent.
Among frontline counters, Sterlite Industries (4.18%), HDFC (2.53%), Tata Consultancy Services (1.62%), Maruti Suzuki (1.7%) and Sun Pharmaceuticals (2.33%) posted modest gains, helping the indices crawl back into the positive territory.
Larsen & Toubro (-4.14%), BHEL (-3.15%), Tata Motors (-2.75%), Reliance Communications (-2.03%) and Mahindra & Mahindra (-1.89%) remained under pressure.
Sectorwise, realty, technology and banking stocks led the upmove while capital goods and auto stocks ended with losses. Market breadth on BSE showed 1354 advances against 1105 declines.
posted under - BSE stocks, sensex updates, daily sensex updates, nse, national stock exchange, nse updates, nse rates, BSE rates
Wednesday, February 4, 2009
Fund raising through IPO's hits the bottom - 2008
India Inc's capital mobilisation through initial public offering has hit rock bottom as the total amount raised via this route in BSE 2008 aggregated to $ 4,509 million, the lowest in the last three years, says a report.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
Capital mobilisation through IPOs witnessed a fall both in terms of volume and value as only 44 transactions worth $ 4508.85 million were announced, global consultancy firm Grant Thornton said. Way back in 2005, however, there were as many as 64 such deals with an announced value of $ 5521.50, it added.
The total fund mopped up through IPO in 2008 was $ 4.51 billion, 18.34 per cent lower than the amount raised in 2005.Compared with 2007, fund raising has dipped by 54.55 per cent. Fund raising activity through IPO reached its peak in 2007, when a whopping $ 9920.65 million was garnered.
Though there was a fall in both value as well as volume terms but the year 2008 saw several large IPOs across the board including Reliance Power's $ 2.56 billion issue - the largest public issue of 2008, Grant Thornton added.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
The other big IPOs in the year came from Rural Electrification Corp, IRB infrastructure developers and KSK energy ventures each raising $ 410 million, $ 236 million and $ 208 million respectively. The amount of money raised in 2008 was $ 4.51 billion, compared with $ 9.92 billion and $ 5.89 billion in 2007 and 2006 respectively.
posted under - IPO updates, BSE updates, indian markets, indian inc updates, bse stocks, nse stocks, IPO in India, IPO futures
Monday, February 2, 2009
BSE | NSE | DJIA | NASDAQ | Closing rates february 2009
This post includes closing rates of major stock markets of india and world such as Bombay Stock Exchange ( BSE) , National Stock Exchange ( NIFTY), Dow Jones Industrial Average(DJIA), Standard and Poor (S & P), Nasdaq Composite Index (NSDX) , closing rates of these most important indices are very important for regular investor's as they show the trends of stock exchanges and world economic trends.
The post provides closing rates details of Dow Jones Industrial Average(DJIA), NASDAQ, BSE (Bombay Stock Exchange), NSE (National Stock Exchange) on per day basis. You can check live DJIA ticker for latest Dow Jones Industrial Average Updates.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-Rs v/s US$ latest updates
-World's Strongest economies list
-Trouble in Indian Forex
-Indian Agricultural Updates
-US Economic recession-how it started
By the end of this year i predict that BSE would be between 13ooo to 15000 ( it may be different scenario depending on US economic developments)
Note - All the closing rates of BSE, NSE, NASDAQ, DOW JONES INDUSTRIAL AVERAGE(DJIA), Standard and Poor(S & P) are according to Indian Standard time . to see closing rates of DJIA, NASDAQ, Standard and Poor ( S & P) according to American Standard time click here.
6-2-2009 | FRIDAY | Closing Rates | Comparison with previous day close
BSE (SENSEX) | 9300.86 | Up^209.98
NSE ( NIFTY) | 2843.10 | Up^63.05
DJIA ( DOW JONES) | 8063.07 | Up^106.41
NASDAQ | 1546.24 | Up^31.19
4-2-2009 | WEDNESDAY | Closing Rates | Comparison with previous day close
BSE (SENSEX) | 9201.85 | Up^52.55
NSE ( NIFTY) | 2803.05 | Up^19.15
DJIA ( DOW JONES) | 8078.36 | Up^141.53
NASDAQ | 1516.30 | Up^21.87
2-2-2009 | MONDAY | Closing Rates | Comparison with previous day close
BSE (SENSEX) | 9066.70 | Down(-357.54)
NSE ( NIFTY) | 2766.65 | Down(-108.15)
DJIA ( DOW JONES) | 8000.86 | Down(-148.15)
NASDAQ | 1476.42 | Down(-31.42)
SEBI increases upfront margin on warrants to 25%
The Securities and Exchange Board of India has decided to increase the upfront margin to be paid by allottees of warrants to 25 per cent from 10 per cent earlier.
The markets regulator also decided to relax the pricing norms regarding Satyam Computer, after its board examined a request for exemption of certain provisions of takeover regulation. This was done within the general context.
Also Read :
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-Indian Economic Summit Updates
-World's Strongest economies list
-Trouble in Indian Forex
-US Economic recession-how it started
SEBI has also shortened the timeframe for announcing the price band for an initial public offering to just two days against the present requirement of two weeks.
The timeline for announcement of bonus share issue has also been reduced to 15 days from 30 days earlier. Further, a company declaring the bonus issue would not require approval from the shareholders.
On dividend, SEBI said, listed companies will have to announce dividend on per share basis and not on percentage of face value of the share, as the face value may differ and mislead investors.
posted under - SEBI updates, BSE updates, BSE stocks, SEBI, SEBI news
source - www.economictimes.com