BSE's SENSEX | NSE's NIFTY closes down on profit booking

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benchmark Indian Stock indices including Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed slightly lower today as investors booked profits after couple of days rally.

BSE's most watched SENSEX stock index closed down by 0.34 percent at 17025.09 down 57.60 points, Reliance Industries remained most hit stock. National Stock Exchange's broader index NIFTY also closed in red today down 14.07 points at 5118.25.

Indian Stock Markets detailed analysis for the day are as follows:

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Indian Stock Markets closes up as Europe gains

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Indian stock markets ended a rangebound trading day on positive note as rise in European stock indices lifted sentiments of Investors. Both Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY closed up by 1 percent today.

Bombay Stock Exchange's Sensex ended at 16876.54, up 166.94 points. The 30-share large-cap index touched intraday low of 16545.47 today. Whereas broader index National Stock exchange's NIFTY closed at 5075.70, up 63.15 points touching a high of 5091.45during intraday trading today.

Market breadth was positive on the BSE with 1545 gainers against 1235 losers.

Indian Stock Markets highlights for today:

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BSE's SENSEX above 19k | Markets up by over 1 perc

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The benchmark Indian stock indices including Bombay stock exchange's SENSEX and National stock exchange's broader index NIFTY closed up today by over 1.5 percent. The reason of rise is that Foreign Institutional Investors have purchased stocks of worth 10000 crores in past two days of trading. Also food price index eased to 7.6 percent.

Bombay Stock Exchange's 30 component large-cap index Sensex was at 19078.30, up 351.33 points which is just short of 2 perc. The index hit a low of 18767.25 in intraday trading sessions.

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BSE's SENSEX | NSE's NIFTY closes in green

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(Posted under - SENSEX closing, NIFTY closing )- Sensex ended at 18439.65 up 216.98 points today with ONGC, Bharti and Suzlon gaining the most today.

The broader index Nifty closed at 5520.80, up 57.65 points today.

Bombay Stock Exchange Sector wise closing-
All of the sectoral indices at Bombay Stock Exchange closed up today BSE IT Index was up 1.90 percent, BSE Metal Index moved 1.49 percent higher and BSE Bankex moved 1.48 percent up.

Market breadth was positive on the BSE with 1777 advances against 1059 declines.

Top 5 news from Bombay Stock Exchange for today

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The Bombay Stock exchange closed lower today and so did the National Stock Exchange's NIFTY.

Top news from Indian stock markets coming today were following:

1. iGate open offer at Rs 503.50 to Patni shareholders.
2. Alfa Laval shares gain on MS upgrade
3. Hindalco up as CLSA raises earnings estimate
4. Tejas Aircraft included in Airforce.
5. TCS, INFY down as Q3 time approaches.

BSE launches shariah laws complaint index with 50 components

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The oldest stock exchange of Asia,Bombay Stock Exchange launched much awaited index whose components are complaint with shariah islamic laws. Basically companies that stay away from Interest or the sale of alcohol, tobacco and other prohibited goods are included in the index and also these 50 companies are part of BSE 500 index. The weightage cap for scrip in Shariah is kept at 8 percent currently.

The official name of the index is kept as BSE TASIS Sharia 50.

The companies which are part of BSE Shariah 50 index is as follows:

ABB

ACC

Alstom Projects

Ambuja Cements

Areva T&D

Ashok Leyland

Asian Paints

Bajaj Auto

BEML

Bharti Airtel

BHEL

Castrol India

Cipla

Colgate Palmolive

Crompton Greav

Cummins India

Dabur India

Dr Reddys Lab

Exide Inds

Gail India

Glaxosmithkl Cons

Godrej Cons

Grasim Inds

Hero Honda

Hindalco Inds

Hindustan Copp

Hindustan Unilever

Lanco Infra

Lupin

Mahindra & Mahindra

Mangalore Ref

Maruti Suzuki

Mcleod Russel

Mphasis

MRF

Nestle India

ONGC

Opto Circuits

PTC India

RIL

Siemens

Sterling Intl

Tata Global Beverages

TCS

Tech Mahindra

Thermax

Titan Inds

Ultratech Cem

Voltas

Wipro

Indian Stocks close in red | LIC housing, PNB, Central bank nosedives

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As news about CBI arresting some of the top management of LIC housing finance, Punjab National bank and Central bank over scam in home loans allotment reached the Dalal Street, The impact was immediate. Stock prices of the LIC housing finance tumbled and were down by a whopping 18.88 percent, whereas stock prices of other PSU banks also nosedived as investors wanted to safeguard their money. Stock prices of Central Bank of India nosedived by over 8 percent and that of Punjab national bank also fell by 2.33 percent at closing today. Makes me think whether all the PSU's working is crystal clear?? I think if we investigate each and every PSU balance sheets there would be inflated numbers in liabilities for sure which actually might not exist at all, so people who have invested in PSU thinking as safer option might lose their money until government of India finally take over them for safeguarding the stakeholders...what an Irony in indian stock markets.

Already Indian stock markets are the most volatile stock markets of world and such news further makes the investors think whether the present price levels are actually fit or are overpriced, Investing in such volatile conditions requires great analytic acumen and the 3 most important tips for investing in volatile markets(read full post)

Coming back to the stock market's todays report, the impact was obvious BSE bankex fell by nearly 3 percent today. The Bombay Stock Exchange's benchmark index Sensex closed at 19459.85, down by huge 231.99 points. The 30-share index touched high of 19835.57 during intraday trading today.

The broader index National Stock Exchange's Nifty was no different and closed at 5865.75, down by 69 points and touched a low of 5833.60 in day trading today.

The stock prices of all the PSU's whose working is under CBI radar are all set to fall further tomorrow as well until the finance ministry makes some strong statement for protecting the shareholder's interests.

SENSEX closes below 20000 mark -down 289 points

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Weak global stock market cues provided no support to Indian stock indices today as major indian stock markets like Bombay Stock Exchange and national Stock Exchange closed under 20000 mark and nosedived by over one percent at closing today.

The 30 component Bombay Stock Exchange’s Sensex closed at 19,929.08, down by a whopping 239.81 points. The benchmark index touched a low of 19,923.96 during intraday trading. The large caps or SENSEX components are currently governed by Foreign Institutional Investors and shows very little sentiments of Indian investors, The reason is that SENSEX components stock prices have gone beyond the levels of individual investors which is evident with the rise in midcap and Small cap stock prices today. Global stock markets are today trading lower by over 1 percent as weak results from IBM and Apple Inc dissapointed the investors. Currently I would call that Indian stock Indices particularly 30 component SENSEX and NIFTY are at mercy of Foreign Investors who sell stock if US Stock markets are down WHICH IS NOT GOOD FOR INDIAN STOCK MARKETS.

The smaller stock indices like BSE Midcap Index and BSE Smallcap Index closed up 0.24 percent each.

Sector wise performance for today is as follows:
Apart from BSE Healthcare Index upward movement(which got boosted by Biocon Pfizer deal) BSE IT Index fell 2.22 percent today at closing, BSE Realty Index slipped 1.75 percent and BSE Metal Index declined 1.25 percent.

The broader index Nifty closed at 6,011.10, down by 64.85 points and touched high of 6,127.05 during the day.

Best 5 stocks for the day

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Presently the Indian Stock markets are in slightly red color, Both Bombay Stock Exchange's SENSEX and national Stock Exchange's NIFTY are trading down.

Following are the best 5 stocks for today which can be purchased or sold for intraday trading

1. GE Shipping Company Ltd - Buy - sell if touches 360 today.
2. BHEL(Electrical comp) - Buy - target 2850
3. Reliance Industries Ltd - Buy - sell at 1,095.
4. Hindalco - Buy - sell at 225 today.
5. Firstsource Solutions(IT) - Buy - target 34.

HAPPY TRADING!!

Indian Stock markets - Weekly News and Updates

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Major indices closed up at end of the last week both Bombay Stock Exchange's SENSEX and National Stock Exchange'e Nifty smiled through out the week. Apart from this following are the top 5 news which came from the Bombay Stock Exchange and Indian Stock markets during the week.

1. Bajaj Auto entered into Nifty 50 index and it's stock price touched new high at the Bombay Stock Exchange at 1,555.
2. SEBI closes doors for non-complaint FII's
3. SENSEX hits 33 month high and may touch 21000 mark.
4. Tata Motors in plan of $525 million share sale.
5. Supreme Court revokes ban on Sterlite's copper smelter.

BSE's - International Programme on Securities Market Operations

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Following are Latest news from Bombay Stock Exchange's website and also are the forthcoming events calendar as put up on the website, I thought of putting it here so that you dont miss even a single update about Bombay stock Exchange while on my blog.
HAPPY TRADING!!

1. BSE is going to start a new program titled 'International Programme on Securities Market Operations' in october 2010, The exact dates for the event are 25 - 29 October 2010 , The program would be conducted by BSE training institute(BTI), which is training division of the oldest Asian stock Exchange, BSE Training Institute has already provided such training\programs in past.
The main objective of this program will be to train market professionals in the mid to senior levels working in the securities markets that provides a unique experience of learning various aspects of the policy and practice.
It would cover all the major aspects of stock markets and would be a five day affair.
You can download Registration Form.
For reading full content Click here

Indian Stock indices closes down due to profit booking

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Major Indian Stock Markets opened in the red and turned rangebound even as Asian peers moved higher post European banks stress test.(see how global markets are placed today Click here)

Bombay Stock Exchange’s Sensex ended at 18020.05, down 110.93 points or 0.61 per cent. The index touched a low of 17993.88 and high of 18194.09. Major loosers included Maruti Suzuki (-12.31%), Hero Honda (-7.46%), Jaiprakash Associates (-5.75%), SBI (-3.44%) and DLF (-2.89%) were the major Sensex losers.

National Stock Exchange’s Nifty closed at 5414.30, down 30.50 points or 0.56 per cent. It hit a low of 5409.20 and high of 5466.25.

BSE Midcap Index was down 0.96 per cent and BSE Smallcap Index moved 0.81 per cent lower.

Market breadth was negative on the BSE with 1824 declines against 1090 advances.

Update - Scrip changes in BSE Indices

(posted under - BSE updates, BSE companies) - The Bombay Stock Exchange made some changes in its indices, which include the following:

1. Astra Microwave Products in the BSE 500 index is replaced with Grasim Industries.
2. Changes in both its mid-cap and small-cap indices.
3. Jaiprakash Power Ventures, Cummins India, Piramal Healthcare, Colgate Palmolive (India), Exide Industries, Godrej Consumer Products Limited, Castrol India, Nagarjuna Fertiliser & Chemicals, Kingfisher Airlines, Andrew Yule & Co and REI Six Ten Retail are removed from midcap index.
4. Standard Chartered plc, Kirloskar Brothers, Rallis India, Tube Investments of India, Ballarpur Industries, Escorts Limited, Greaves Cotton, S Kumars Nationwide, Binani Cement, BASF India and Radico Khaitan are included in Midcap Index.
5. 36 scrips are excluded and 57 included in small-cap index of BSE.

The above changes would be effective from july 12, 2010.

All about BSE (Bombay Stock Exchange)

In this post i have tried to consolidate all the information which should be known to every investor before investing in Indian Stock Markets like BSE, NIFTY or other regional Stock markets present in various cities of India.

The SENSEX is the benchmark index of the Indian Capital Markets with wide acceptance among individual investors, institutional investors, foreign investors and fund managers. The objectives of the index are:

Doubt - To measure market movements
Given its long history and its wide acceptance, no other index matches the SENSEX in reflecting market movements and sentiments. SENSEX is widely used to describe the mood in the Indian Stock markets.

Benchmark for funds performance
The inclusion of blue chip companies and the wide and balanced industry representation in the SENSEX makes it the ideal benchmark for fund managers to compare the performance of their funds.

For index based derivative products
Institutional investors, money managers and small investors all refer to the SENSEX for their specific purposes The SENSEX is in effect the proxy for the Indian stock markets. The country's first derivative product i.e. Index-Futures was launched on SENSEX.

Doubt - What are the criteria for selection and review of scrips for the SENSEX?
A. Quantitative Criteria:

1. Market Capitalization:
The scrip should figure in the top 100 companies listed by market capitalization. Also market capitalization of each scrip should be more than 0.5 % of the total market capitalization of the Index i.e. the minimum weight should be 0.5 %. Since the SENSEX is a market capitalization weighted index, this is one of the primary criteria for scrip selection. (Market Capitalization would be averaged for last six months)

2. Liquidity:
(i) trading Frequency: The scrip should have been traded on each and every trading day for the last one year. Exceptions can be made for extreme reasons like scrip suspension etc. (ii) Number of Trades: Number of Trades: The scrip should be among the top 150 companies listed by average number of trades per day for the last one year. (iii) Value of Shares Traded: Value of Shares Traded: The scrip should be among the top 150 companies listed by average value of shares traded per day for the last one year.

3. Continuity:
Whenever the composition of the index is changed, the continuity of historical series of index values is re-established by correlating the value of the revised index to the old index (index before revision). The back calculation over the last one-year period is carried out and correlation of the revised index to the old index should not be less than 0.98. This ensures that the historical continuity of the index is maintained.

4. Industry Representation:
Scrip selection would take into account a balanced representation of the listed companies in the universe of BSE. The index companies should be leaders in their industry group.

5. Listed History:
The scrip should have a listing history of at least one year on BSE.

B. Qualitative Criteria:

Track Record:
In the opinion of the Index Committee, the company should have an acceptable track record.

Doubt - calculation of SENSEX scrips:

SENSEX is calculated using a "Market Capitalization-Weighted" methodology. As per this methodology, the level of index at any point of time reflects the total market value of 30 component stocks relative to a base period. (The market capitalization of a company is determined by multiplying the price of its stock by the number of shares issued by the company). An index of a set of a combined variables (such as price and number of shares) is commonly referred as a 'Composite Index' by statisticians. A single indexed number is used to represent the results of this calculation in order to make the value easier to work with and track over time. It is much easier to graph a chart based on indexed values than one based on actual values.

The base period of SENSEX is 1978-79. The actual total market value of the stocks in the Index during the base period has been set equal to an indexed value of 100. This is often indicated by the notation 1978-79=100. The formula used to calculate the Index is fairly straightforward. However, the calculation of the adjustments to the Index (commonly called Index maintenance) is more complex.

The calculation of SENSEX involves dividing the total market capitalization of 30 companies in the Index by a number called the Index Divisor. The Divisor is the only link to the original base period value of the SENSEX. It keeps the Index comparable over time and is the adjustment point for all Index maintenance adjustments. During market hours, prices of the index scrips, at which latest trades are executed, are used by the trading system to calculate SENSEX every 15 seconds and disseminated in real time.

Doubt - SENSEX closing calculations:

The closing SENSEX is computed taking the weighted average of all the trades on SENSEX constituents in the last 15 minutes of trading session. If a SENSEX constituent has not traded in the last 15 minutes, the last traded price is taken for computation of the Index closure. If a SENSEX constituent has not traded at all in a day, then its last day's closing price is taken for computation of Index closure. The use of Index Closure Algorithm prevents any intentional manipulation of the closing index value.

Doubt - adjustments for Bonus, Rights and newly issued Capital carried out in SENSEX:

The arithmetic calculation involved in calculating SENSEX is simple, but problem arises when one of the component stocks pays a bonus or issues rights shares. If no adjustments were made, a discontinuity would arise between the current value of the index and its previous value. The Index Cell of the Exchange periodically adjusts the base value to take care of such corporate announcements.
Adjustments for Rights Issues:
When a company, included in the compilation of the index, issues right shares, the market capitalisation of that company is increased by the number of additional shares issued based on the theoretical (ex-right) price. An offsetting or proportionate adjustment is then made to the Base Market Capitalisation (see ' Base Market Capitalisation Adjustment' below).
Adjustments for Bonus Issue:
When a company, included in the compilation of the index, issues bonus shares, the market capitalisation of that company does not undergo any change. Therefore, there is no change in the Base Market Capitalisation, only the 'number of shares' in the formula is updated.
Other Issues: Base Market Capitalisation Adjustment is required when new shares are issued by way of conversion of debentures, mergers, spin-offs etc. or when equity is reduced by way of buy-back of shares, corporate restructuring etc.
Base Market Capitalisation Adjustment: The formula for adjusting the Base Market Capitalisation is as follows:

New Base Market Capitalisation = Old Base Market Capitalisation X (New Market Capitalisation/Old Market Capitalisation)

To illustrate, suppose a company issues right shares which increases the market capitalisation of the shares of that company by say, Rs.100 crores. The existing Base Market Capitalisation (Old Base Market Capitalisation), say, is Rs.2450 crores and the aggregate market capitalisation of all the shares included in the index before the right issue is made is, say Rs.4781 crores. The "New Base Market Capitalisation " will then be: Rs.2501.24 crores = 2450 X (4781+100)/4781

This figure of 2501.24 will be used as the Base Market Capitalisation for calculating the index number from then onwards till the next base change becomes necessary.

Realty | Metals | Banks lifts SENSEX , Nifty closes in green

(posted under - BSE live, NSE live, BSE closing) - Updates from Indian Stock Markets closing for 29/4/2010 is as follows:(red color shows declines, green color shows increase)

NIFTY	5254.55
SENSEX	17497.20
MIDCAP	1.17 %
BSE REALTY	2.18 %
BSE BANKEX	1.72 %
BSE METALS	1.20 %
BSE FMCG	1.11 %
BSE SMALLCAP	1.32 %

BSE's International Programme on Securities Market Operations

Date Of Programme: 16th to 20th November 2009

OBJECTIVES

A five-day programme for market professionals in the middle to senior levels working in the securities markets that provides a unique platform for learning various aspects of policy and practice. The programme is primarily meant for international audience and consists of a right mix of class room lectures/presentations, practical /simulation exercises/demonstrations, interface with leading professionals and practitioners and visits to major financial institutions in Mumbai.


PROGRAMME CONTENTS
1. Stock Exchange Products: Equity / Stock Markets, Basket Trading, Derivatives, Debt Markets- Retail and Wholesale, Interest Rate Futures, Exchange Traded Funds, Mutual Funds (Close- Ended).

2. Primary Markets: Contents of Prospectus-Red Herring, IPO Process, Fixed Price Method, BookBuilding Process.

3. Indices: Indexing Concept, Global and Indian Indexing Scenario, Active v/s Passive Debate, Index-Based Products.

4. Stock Market Functioning: Brokers, Sub-Brokers & Remisiers, Trade Transaction Flow, Listing Procedure, Categories of Scrips: Large, Medium & Small.

5. Trading Mechanism: Membership Requirement, Trading Clearing & Settlement Procedure- Rolling Settlement, Pay-in, Pay-out Schedule, Contract Note Specifications, Auction Mechanism, Demo of the Trading Screen, Emerging Issues: Margin Trading and Borrowing and Lending of Securities.

6. Risk Management System: Capital Adequacy Requirements, Intra-day Trading Limits, Gross Exposure Limit, Margining Procedure.

7. Dematerialisation of Shares and Depositories: Introduction to the Concept, Beneficial & Registered Owners, Role of Depositories, Dematerialisation Procedure, Benefits.

8. Surveillance: Objective of Surveillance, Procedures involved in Position Monitoring of Brokers, Price Monitoring & Investigations Procedures, Scrip-Wise Circuit Filters, Market- Wide Circuit Breakers, Money Laundering

9. Derivatives Markets: Introduction to Futures & Options , Market Terminologies, Pay-off Structure, Basic Trading Strategies, Weekly Options.

10. Trading Mechanism in Derivatives Markets: Membership Requirements, Trading, Clearing and Settlement Procedure, Risk Management, Margining Mechanism Demonstration of the Trading Screen, Accounting and Taxation.

11. Debt Markets: Debt Products traded in Stock Exchanges, Wholesale Debt Markets, Retail Debt Markets, Trading Mechanism in Debt Markets (Wholesale/Retail Debt Markets) Membership Requirements, Trading Mechanism, Risk Management.

12. Commodity Market & Trading Corporate Actions: Bonus, Rights, Dividends, Buy Backs etc., Regulations to be followed by the Corporates, Impact on the Shareholders.

13. FII Investments: Rules, Regulations and Bylaws on Investment in Primary Markets and Secondary Markets.

14. Investing with Masters: Life & Times of Worlds Legendary Investors.

TIMING

09.30 am to 05.30 pm

VENUE

Bombay Stock Exchange Ltd.,
19th Floor, BSE Training Institute,
Mumbai – 400001
India
COURSE FEES

US$ 2800
(Includes accommodation on single room occupancy in a reputed hotel, airport pick up & drop facility, local transport, study material, tuition fees, refreshments & lunch, study visits and site seeing)

Discounts: 10% for two registrations and more.

Registration: Use enclosed format with payment details.

Last Date for Registration: 26 October 2009

KEY CONTACTS

Vispi Rusi Bhathena

Piyush Shelat

Roy Aranha

or you can also mail or call at below numbers:

E-mail: training@bseindia.com
Phone: 0091 22 - 2272 8175/ 8197/ 8303
Fax: 0091 22 - 2272 3250

source - bseindia.com

SENSEX Closing | NIFTY Closing - August 26/09

(posted under - BSE live rates | BSE closing) - All the major Indian Share Markets closed in green hence ending a choppy session on a positive note, It was a mixed day today for benchmark index SENSEX and Nifty.

The detailed closing rates along with sectoral updates is as following :

Bombay Stock Exchange’s Sensex closed at 15769.85, up 81.38 points or 0.52 per cent. The index touched an intra-day high of 15831.49 and low of 15695.94. BSE Midcap Index was up 1.10 per cent and BSE Smallcap Index gained 1.97 per cent. BSE IT Index moved up 3.35 per cent, BSE Realty Index gained 1.23 per cent and BSE Healthcare Index gained 0.80 per cent.

Whereas National Stock Exchange’s Nifty ended at 4680.85, up 21.50 points or 0.46 per cent. The broader index touched a high of 4697.80 and low of 4659.10.

Bombay Stock Exchange launches BSE IPO index

BSE announces the launch of a new BSE IPO index that will track the value of companies for two years after listing subsequent to successful completion of their initial public offering (IPO).

Robust growth of the Indian economy at 6.7% in 2008-09, and the expectation of higher growth in the future are expected to boost the primary market. For this and other reasons, it is an appropriate time to introduce to the market an indicator that will track primary market conditions in the Indian capital market.

BSE continues to introduce index innovations with the launch of the IPO index, by introducing ceiling (capping) on weightings of index constituents. Market capitalisation weightings of index constituents will be limited to 20%. If a constituent’s market capitalization would result in a higher weighting, the company’s weight will be suitably adjusted to ensure that no single company has a weight in excess of 20% in the index. However, between any rebalancing, weightage of any index constituent can exceed 20%.

Summary of guidelines followed for BSE IPO index are as follows:

1. A company seeking listing on the Exchange after completion of IPO shall be considered eligible for inclusion in the index. Follow-on public issues shall not be considered for inclusion in the index.
2. A scrip must have the minimum free-float market capitalisation of Rs. 100 crores on its first day of listing
3. A scrip will be included in the index on the third day of its listing (T+2) subject to fulfillment of the minimum free-float market capitalisation criteria stated above.
4. A scrip will be excluded from the index on the second Monday of the month after completion of two years of listing.
5. At all time a minimum of 10 scrips shall be maintained in the index. In case, there are less than 10 companies on account of possible exclusion after two years, the exclusion of such company shall be delayed till such time new inclusion is made in the index.
6. The maximum weight of any scrip shall be capped at 20%. The constituent weightage shall be reviewed at the time of inclusion/ exclusion of a scrip and on monthly rebalancing. However, between any rebalancing, weightage of any index constituent can exceed 20%
7. Base date of the index is May 3, 2004; while base index value is set to 1000 points. Index value on August 21, 2009 is 1901.67.
8. The index would be calculated and disseminated on a real-time basis through BOLT effective August 24, 2009 and shall also be available on our website.
9. The list of index constituent is attached as a separate annexure.

source - bseindia

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 businessNEW !!
-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 businessNEW !!
-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.

BSE News - BSE aims at internationalization of listing businesses

(April 23/2009 - BSE News) - BSE(Bombay Stock Exchange) with a cooperation agreement with Deutsche B&oumlrse 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 businessNEW !!
-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 B&oumlrse.

for details on Deutsche B&oumlrse and listing on Deutsche B - CLICK HERE

posted under - BSE News,BSE updates, Bombay stock exchange, BSE live, BSE stocks, BSE rates