SENSEX closes over 250 points down | NIFTY follows

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Profit booking pulled the major indian stock indices down at closing and through out the trading sessions today. With Bombay stock exchange's 30 component SENSEX and National stock exchange's broader index NIFTY also closing down because of profit booking. The Realty stocks were the worst hit and metals and capital goods followed.

Bombay Stock Exchange’s Sensex closed at 20315.32, down 227.76 points. It hit an intraday low of 20272.77 and high of 20581.29 during intraday trading. Sectoral indices also showed same behavior as Sensex and closed lower today with BSE Midcap Index closing at 0.74 percent and BSE Smallcap Index closing down by almost 0.92 percent.

The broader index NIFTy was no different and closed at 6118, down 68.45 points.
market breadth was negative with 1878 declines against 1372 advances.

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.

SENSEX shines - Up over 375 points Nifty follows

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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.

Stock Investing tips - stick to the basics

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The Bombay Stock Exchange and National Stock Exchange has seen increase in stock prices for full month of september and this has been majorly due to Foreign Direct investment ahich was in tune of $ 5 billion in september alone and still Indian stock markets are very unpredictable, Global markets are also moving very cautiously , In these prevelant Scenarios Stock market investing is looking very unviable as markets can see correction, thus for investing in stocks under such condition one has to stick to the basics of Stock market investing and should follow the book style in choosing the perfect stock.

Following Investing tips would surely help those who are interested in Stock markets in such a bullish run at Dalal Street, Always do remember Stock market Investing is sheer analysis.


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SENSEX witnesses dull day - closes down

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The benchmark 30 stock SENSEX and other major stock indices in india witnessed a lackluster day today and finally closed slightly in red at EOD. The major attraction was Anil Ambani's ADAG has made investment plans of tune of 125000 crore lined up, hence the stock prices of ADAG group companies(RCom, Reliance Power) were up today. NTPC and DLF were two other stock which closed in green rest all the stocks were in red throughout the day.

At end of the day Sensex ended at 20112.50, down 4.88 points thus witnessing a lackluster day. The broader Index National Stock Exchange Nifty closed at 6034.50, down 1.15 points which is just 0.02 percent and similar to SENSEX closing today.
BSE's IT index closed in red as did the Oil and Gas companies stock prices.

Checking the sectoral indices of Bombay Stock Exchange -
BSE Midcap Index closed up by 0.25 percent, Oil and gas index was down by 0.64 percent, BSE Power Index gained 1.17 percent today backed by increase in Reliance Power prices however BSE Capital Goods Index closed up by 0.97 percent higher. BSE IT Index closed in red by 0.48 percent.

At Bombay Stock Exchange Market breadth was negative today with 1643 declines and just 1344 gainers.

FII'S comeback pushes SENSEX | Nifty up

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Foreign institutional investors invested in indian markets thus showing the confidence in Indian stocks markets which would rise further now, European markets are still looking skeptical and are running almost flat.

Indian Stock indices like Bombay Stock Exchange's SENSEX and National stock exchange's Nifty are now maintaining levels of above 20000 and 6000 respectively, looks like Realty sector is getting heated up as is looking very bullish at current levels, however I think still some correction is inevitable in coming days as other foreign peers are showing stagnation signs. and might be Indian markets are overpriced at current levels. stock prices of IT companies are also showing growth as US and UK companies are showing more interest in outsourcing by cutting costs.

oming to yesterdays close Sensex ended at 20045.18 and NSE'S Nifty closed at 6018.30, up 58.75 points which is nearly 1 percent.

Profit booking pulls BSE SENSEX | Nifty down today

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Major Indian stock markets closed lower today as investors booked profits from two weeks of rally, Both Bombay Stock Exchange's Sensex and National Stock Exchange's Nifty closed in red today.

Sensex closed under the psychological mark of 20000 and NSE's Nifty also closed under 6K mark in today's trading

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The 30 component Sensex closed at 19,940.02, down 61.53 points. The benchmark index touched intra-day low of 19,804.02 and high of 20,105.54 during day trading today.

Analysing sectoral indices today both BSE Midcap Index closed down 0.39 percent and BSE Smallcap Index closed down by 0.23 per cent.

BSE Realty Index closed lower by 1.69 per cent, BSE IT Index also followed by 1.31 percent slip and BSE Oil&Gas Index declined by over 1 percent.

Reliance Communications, DLF, TCS headed the list of todays losers, whereas Maruti Suzuki, HDFC lead the list of those in green.

National Stock Exchange's broader index Nifty also closed under the psychological mark of 6000 and was at 5981.80 at closing and touched high of 6037.40 in intraday trading

FII's push SENSEX above 20K | NIFTY above 6K

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Large stock purchases from Foreign institutional investors boosted Indian stock markets today as both Bombay Stock Exchange's SENSEX and National Stock Exchange's Nifty closed just over psychological figure of 20000 and 6000 respectively today.

The 30 share benchmak Sensex rose over 95 points in today's trade and ended at 20,001.55, up 95.45 points and National Stock Exchange's broader index Nifty also closed up by 0.48 percent,by closing at 6,009.05, up 28.60 points in today's trade. However the movement of Indian stock markets is looking too sceptical when we consider the global peers performance in recent weeks, Most of the purchasing of Indian Stocks currentlyis being done by foreign Institutional investors, which mainly concentrated on BSE30 Stocks hence a rise in SENSEX stocks whereas BSE Midcap Index was down 0.98 percent and BSE Smallcap Index declined 1.34 percent.
Since Stock prices of BSE 30 stocks are going beyond the reach of common man's hands hence selling is seen at midcap and smallcap stocks, The rise is purely due to foreign players and might not show indian sentiments to some extent.

Watching sectoral indices today BSE IT Index gained 2.43 percent and BSE Capital Goods Index gained 1.12 percent higher. BSE FMCG Index however declined by 1.34 percent and BSE Realty Index closed down by 1.30 per cent.

SENSEX | Nifty nears 20K and 6K mark

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The bullish sentiment at stock markets continued for yet another day today with benchmark indices closing over 1 percent up, both Bombay Stock Exchange's 30 component SENSEX and National Stock exchange's Nifty closed close to syclogical mark of 20000 and 6000 which they might touch this week before any correction starts, which can be in line of over 10 percent for both Sensex and Nifty.

If we look at today's trading sessions and closing National Stock Exchange’s Nifty ended at 5980.45, thus closing up by 95.50 points.
Sensex also followed and closed well over 300 points up, Bombay Stock Exchange’s Sensex ended at 19906.10, up 311.35 points. Most of the boost came from foreign institutional investors which did bulk of the purchasing, however looking at the global peers the fact of correction of Indian Stock markets correction cannot be ruled out. and it would be between ten percent to 20 percent correction which is just round the corner because the reason behind FII's purchasing is not very clear still.

Checking sectoral indices performance today following figures surface for today:
BSE FMCG Index closed up by over 3.50 percent, BSE Realty Index also closed in green by 1.73 percent and BSE Auto Index added 1.31 percent.

Market breadth was positive on the BSE with 806 gainers against 537 losers.

BSE's SENSEX Weekly report card (13/9 - 17/9)

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Indian Stock indices witnessed heavy buying throughout the week and almost in every session, SENSEX closed 795 points up this week thus easily surpassing rest of the global peers, The main reason for a strong bullish environment was strong local demand.

Strong investment by foreign institutions also lead to rally at the dalal street this week. If we see last two weeks performance of SENSEX it has moved up by over 1300 points, All the other global peers have not shown such rally in past two weeks.

The growth in Indian economy by 8.8 percent as told by Pranab Mukherjee also helped in unexpected weekly rally of Bombay Stock Exchange's SENSEX, At end of the past week SENSEX closed at 34 month high and shall touch 20000 in coming weeks, but however the chances of correction in prices can be expected anytime.

National Stock Exchange's NIFTY also closed in green on friday, but Indian Stock markets may open in red on monday.

The rise in foreign Institutional Investors in Indian stock markets for month of september has been the major reason in a spur in Indian stock indices like SENSEX and Nifty. According to market regulator SEBI FII's have invested over $2.67 billion in Indian markets this month already and this would increase as the month progresses, and if we look at year till date then FII Investment has already crossed 16 billion mark.

Don't know exactly when the Institutional investors would be again on selling spree, and if they do in near future for booking profits then IT stocks would be worst hit according to me.

Best Stocks Investing tips - for beginners

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Indian stock markets are very very volatile stock markets and can move in either direction without following any major factors, In such case an investor should know the very basics of stock market investing tips, these stock investing tips are actually not difficult to understand but they do require sheer analytical brain, which even the best of analyst might not have, The most important thing in stock investing is one should follow his/her guts and should invest only a fixed amount...do remember GREED IS HARMFUL TRAIT...

Here are my best posts for readers to understand the stock investing tips.however I advise that dont follow these tips blindly at end of reading all the basics tips, Share investings would be much more clearer to you.

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SENSEX | NIFTY smiles for yet another day - closes above 19500

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Indian Stock indices partying time is getting longer and longer as the major indices including Bombay Stock Exchange SENSEX and national Stock exchange NIFTY closed in green yet again today with stocks of services major Infosys and Reliance Industries rising the most today.

However since the global markets have opened in red today hence Indian stock indices might see some correction tomorrow.

Coming to the stock markets updates for today Sensex ended at 19502.11, up 155.15 points. The 30 component benchmark index touched a high of 19554.36 and low of 19340.99.

Whereas broader index NIFTY closed at 5860.95, up by 65.4 points. The 50 stock index touched a high of 5869.45 and low of 5792.20 during intraday trading.

BSE's Sectoral Indices Performance today:
Bombay Stock Exchange's Midcap index closed up by 0.08 percent whereas smallcap index closed down by 0.09 percent today. BSE IT Index closed up by 2.54 percent , BSE Oil&Gas Index was also up by 1.75 percent and BSE Metal Index moved higher by 0.84 percent at end of today's trading.
Shares of Infosys, Reliance, Wipro, TCS all closed up by over 2 percent today.

The performance of indian stock markets is looking sceptical as Market breadth was negative on the BSE with 1702 losers against 1253 gainers yet again today.

Indian Markets | SENSEX | NIFTY gain.. awaiting correction?

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Major Indian stock indices including Bombay stock exchange's 30 component Sensex and National Stock Exchange's Nifty are continuing their upward journey for second week on the row, with stock touching all time high, Now the question is whether this buying is artificial for profit booking? and Indian stocks are looking for some correction in coming days because one feels that currently indian stocks are overpriced where as the global peers like Dow Jones industrials, European stock are looking normal.

For complete guide on Stock investing tips(click here)

India Stock indices SENSEX closed well over 100 points up today at 19346.96, up 138.63 points. The 30-share benchmark index hit intraday high of 19487.07 and low of 19218.13 during intraday trading(read Intraday trading tips).

If we check report card for the components of SENSEX, It looked as below at end of today's trading:

SENSEX	14 SepEOD
Company Name	Industry	LastPrice	Change	% Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	970.90	-18.95	-1.91	18,247.09	0.62
Bharti Airtel	Telecommunications - Service	356.35	7.40	2.12	135,324.98	4.62
BHEL	Engineering - Heavy	2,500.65	8.80	0.35	122,411.82	4.18
Cipla	Pharmaceuticals	310.45	3.80	1.24	24,926.69	0.85
DLF	Construction & Contracting - Real Estate	341.25	8.40	2.52	57,923.88	1.98
HDFC	Finance - Housing	672.60	8.45	1.27	98,094.83	3.35
HDFC Bank	Banks - Private Sector	2,335.25	53.10	2.33	107,349.27	3.67
Hero Honda	Auto - 2 & 3 Wheelers	1,721.75	-5.90	-0.34	34,381.20	1.17
Hindalco	Aluminium	186.50	-3.75	-1.97	35,686.33	1.22
HUL	Personal Care	278.45	0.10	0.04	60,766.69	2.08
ICICI Bank	Banks - Private Sector	1,100.25	2.95	0.27	122,728.34	4.19
Infosys	Computers - Software	2,975.95	40.45	1.38	170,790.10	5.83
ITC	Cigarettes	165.00	2.00	1.23	126,281.15	4.31
Jaiprakash Asso	Construction & Contracting - Civil	126.25	4.05	3.31	26,823.51	0.92
Jindal Steel	Steel - Sponge Iron	711.60	-4.95	-0.69	66,459.38	2.27
Larsen	Engineering - Heavy	1,920.65	16.75	0.88	115,847.29	3.96
Mah and Mah	Auto - Cars & Jeeps	670.05	9.50	1.44	38,758.00	1.32
Maruti Suzuki	Auto - Cars & Jeeps	1,346.10	19.90	1.50	38,890.18	1.33
NTPC	Power - Generation/Distribution	205.65	-1.25	-0.60	169,567.98	5.79
ONGC	Oil Drilling And Exploration	1,395.35	19.45	1.41	298,447.58	10.19
Reliance	Refineries	987.75	-4.45	-0.45	323,116.51	11.04
Reliance Comm	Telecommunications - Service	162.55	-0.35	-0.21	33,550.76	1.15
Reliance Infra	Power - Generation/Distribution	1,055.80	0.80	0.08	25,853.40	0.88
SBI	Banks - Public Sector	3,113.70	-33.55	-1.07	197,683.68	6.75
Sterlite Ind	Metals - Non Ferrous	170.80	4.45	2.68	57,416.16	1.96
Tata Motors	Auto - LCVs/HCVs	1,054.45	28.05	2.73	60,166.92	2.06
Tata Power	Power - Generation/Distribution	1,265.20	-9.75	-0.76	30,024.11	1.03
Tata Steel	Steel - Large	596.80	-4.35	-0.72	52,960.63	1.81
TCS	Computers - Software	894.15	14.50	1.65	175,004.92	5.98
Wipro	Computers - Software	417.45	14.75	3.66	102,254.38	3.49

Whereas Nifty closed at 5795.55, up 35.55 points or 0.62 per cent.Hence the mood at dalaal street was very promising today.

If we check perfomance of both Bombay Stock exchange and National Stock Exchange sector wise then following picture arised at end of the day:

BSE Sectoral updates today:

Index Name	Last Trade	Change
BSE 30	19,346.96	138.63(0.72%)
AUTO INDEX	9,278.80	125.07 (1.37%)
BANKEX	13,524.06	69.50(0.52%)
BSE - 100	10,307.75	54.27(0.53%)
BSE - 200	2,463.36	10.20 (0.42%)
BSE - 500	7,790.97	23.42(0.30%)
BSE - CAPITAL GOODS	15,307.57	84.86(0.56%)
BSE - CONS. DURABLES	6,047.75	93.09(1.56%)
BSE - FMCG	3,497.17	12.89(0.37%)
BSE - HEALTHCARE	5,736.80	0.16(0.00%)
BSE - INFOTECH	5,804.72	83.24(1.45%)
BSE Mid-Cap	8,061.27	51.10(0.63%)
BSE PUBLIC SECTOR	10,247.01	38.12(0.37%)
BSE Small-Cap	10,195.40	76.54(0.75%)
BSE TECK INDEX	3,633.58	46.37(1.29%)
METAL INDEX	16,301.82	86.63 (0.53%)
OIL & GAS INDEX	10,461.87	25.40 (0.24%)

And National Stock exchange report card looked as given below:

Index Name	Last Trade	Change
S&P CNX NIFTY	5,795.55	35.55 (0.62%)
S&P CNX DEFTY	4,326.90	22.85(0.53%)
CNX NIFTY Junior	12,483.40	25.95 (0.21%)
S&P CNX 500	4,828.55	15.30 (0.32%)
CNX MIDCAP 200	9,140.20	43.30 (0.47%)
BANK NIFTY	11,928.35	55.50 (0.47%)
CNX IT	6,441.75	83.60(1.31%)

Indian Stock Market Headlines for the day

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Following are the most important news which came from Indian Stock markets(both Bombay Stock Exchange and National Stock Exchange):for today's stock updates for SENSEX and NIFTY click here

1. Vishal Retail to sell for 100 crore
2. State Bank of India's Market capitalization crosses 2 lakh crore mark.
3. Reliance Industries gain over 4 percent
4. Aqua to acquire 60 percent in star distribution.
5. ONGC up 2 percent on expansion plans
6. Supreme court to hear plea against SEBI

Indian Stock Markets close in all green

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Major Indian Stock indices like BSE's 30 component SENSEX and NSE's broader index Nifty closed over 2 percent up today on the basis of strong buying seen through out the day, hence making the rally for continuos second day today.

All of the components of the Sensex were in green at closing today, SENSEX finally closed 2.17 percent up wrto previous close. Finally Sensex closed at 19208.33 up 408.67 points today.

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Top Sensex gainers included State Bank of India, HDFC, Hindalco, Reliance Infrastructure and ICICI Bank. Major sectoral indices also closed in green.
BSE Bankex index is up by 3.62 per cent, BSE Oil&Gas Index also followed with 2.57 percent rise and BSE Realty Index moved up by 2.46 percent. BSE Midcap Index was up 0.77 per cent and BSE Smallcap Index moved higher by 0.22 per cent.

National Stock Exchange’s Nifty closed at 5760, up 119.95 points from previous close. The index touched high of 5770.60 and low of 5639.20 in intraday trading today.

BSE Sensex closes up by1.31 percent

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It proved to be a good day for major Indian stock markets including Sensex and National Stock exchanges as they closed up by over one percent after boosted by strong GDP figures and increase in industrial output, At Bombay Stock exchange all the sectoral sub indices closed in green while the benchmark index SENSEX closed up by a whopping 234 points thanks to the communication sector shares and Realty sector.

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Talking component wise the Sensex had a growth ratio of 90 percent as 27 out of 30 components closed in green territory The Sensex finally read figures of 18205.87 up 234.75 points at closing bell today. Thus making it the biggest close since the August 4 closing.

The broader index National Stock Exchange's Nifty also closed in green by about 1.28 percent and read as 5471.85 up^ 69.45 points. Most of the buying was seen by foreign investors. Metals were the top gainers with the metal index up by over 3 percent followed by the other indices.

The global stock markets are also looking very optimistic today.

BSE's SENSEX looking strong up^200 points

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The 30 share benchmark index of Bombay Stock Exchange SENSEX is witnessing heavy buying by the institutional investors thus moving up by more than 200 points while posting, most of the components of Sensex are in green and also the sub indices of BSE are also up. Looks like Indian stock markets shall close in green today. The rise is due to strong manufacturing data from China, thus showing that global economy recovery is on path but speculations and predictions about a possible fall in US Stock markets are on rise(read full post). The prices of Sensex companies in afternoon trading is as follows:

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SENSEX	01 Sep at 3:00pm
Company Name	Industry	LastPrice	Change	% Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	884.05	12.25	1.41	16,614.84	0.60
Bharti Airtel	Telecommunications - Service	338.20	11.05	3.38	128,432.47	4.65
BHEL	Engineering - Heavy	2,423.00	14.80	0.61	118,610.70	4.29
Cipla	Pharmaceuticals	304.55	1.20	0.40	24,452.97	0.89
DLF	Construction & Contracting - Real Estate	308.60	6.85	2.27	52,381.86	1.90
HDFC	Finance - Housing	622.00	-3.15	-0.50	90,705.35	3.28
HDFC Bank	Banks - Private Sector	2,147.85	15.40	0.72	98,734.67	3.57
Hero Honda	Auto - 2 & 3 Wheelers	1,752.50	-39.30	-2.19	34,995.23	1.27
Hindalco	Aluminium	173.25	6.85	4.12	33,150.98	1.20
HUL	Personal Care	266.30	1.90	0.72	58,115.18	2.10
ICICI Bank	Banks - Private Sector	995.05	17.75	1.82	110,993.72	4.02
Infosys	Computers - Software	2,775.10	68.00	2.51	159,263.29	5.77
ITC	Cigarettes	163.25	0.60	0.37	124,941.80	4.52
Jaiprakash Asso	Construction & Contracting - Civil	109.65	0.70	0.64	23,296.62	0.84
Jindal Steel	Steel - Sponge Iron	697.90	12.65	1.85	65,179.88	2.36
Larsen	Engineering - Heavy	1,824.10	11.65	0.64	110,023.71	3.98
Mah and Mah	Auto - Cars & Jeeps	629.90	3.50	0.56	36,435.59	1.32
Maruti Suzuki	Auto - Cars & Jeeps	1,271.25	15.35	1.22	36,727.69	1.33
NTPC	Power - Generation/Distribution	196.80	1.05	0.54	162,270.74	5.87
ONGC	Oil Drilling And Exploration	1,331.50	-7.25	-0.54	284,790.88	10.31
Reliance	Refineries	931.50	12.65	1.38	304,715.79	11.03
Reliance Comm	Telecommunications - Service	163.05	7.05	4.52	33,653.96	1.22
Reliance Infra	Power - Generation/Distribution	1,010.05	9.25	0.92	24,733.12	0.90
SBI	Banks - Public Sector	2,771.20	6.35	0.23	175,938.92	6.37
Sterlite Ind	Metals - Non Ferrous	155.30	4.15	2.75	52,205.67	1.89
Tata Motors	Auto - LCVs/HCVs	1,009.60	2.15	0.21	57,607.78	2.09
Tata Power	Power - Generation/Distribution	1,241.00	16.55	1.35	29,449.83	1.07
Tata Steel	Steel - Large	537.75	15.35	2.94	47,720.47	1.73
TCS	Computers - Software	854.35	10.50	1.24	167,215.18	6.05
Wipro	Computers - Software	404.00	4.20	1.05	98,959.80	3.58

Banks boost Sensex | Indian stock markets up

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major indian stock indices like Bse's Sensex and 50 share Nifty are all trading in green today thanks to rise in Asian stock indices particularly the banking stocks overall, The 30 stock benchmark index Sensex is tradin over 100 points up and major sub indices at BSe are also in green as is seen in following table showing the latest sub indices data of BSE.

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Index Name	Last Trade	Change
BSE 30	18,080.65	109.53(0.61%)
AUTO INDEX	8,845.37	31.58 (0.36%)
BANKEX	12,295.42	104.78(0.86%)
BSE - 100	9,693.77	66.05(0.69%)
BSE - 200	2,320.27	17.39 (0.76%)
BSE - 500	7,349.52	59.78(0.82%)
BSE - CAPITAL GOODS	14,534.28	9.75(0.07%)
BSE - CONS. DURABLES	5,752.66	83.36(1.47%)
BSE - FMCG	3,399.51	14.44(0.43%)
BSE - HEALTHCARE	5,567.53	23.60(0.43%)
BSE - INFOTECH	5,423.99	48.37(0.90%)
BSE Mid-Cap	7,694.78	97.94(1.29%)
BSE PUBLIC SECTOR	9,763.90	122.57(1.27%)
BSE Small-Cap	9,681.65	141.09(1.48%)
BSE TECK INDEX	3,416.39	41.52(1.23%)
METAL INDEX	15,229.57	252.07 (1.68%)
OIL & GAS INDEX	10,007.07	86.45 (0.87%)

The 50 stock Nifty is also trading up by over 30 points and is also lead by the banking stocks. Following are the sectoral indices updates from the National Stock Exchange:

Index Name	Last Trade	Change
S&P CNX NIFTY	5,422.90	(0.38%)
S&P CNX DEFTY	4,003.90	(0.63%)
CNX NIFTY Junior	11,864.60	(0.57%)
S&P CNX 500	4,566.90	(0.65%)
CNX MIDCAP 200	8,727.05	(0.54%)
BANK NIFTY	10,800.30	(0.50%)
CNX IT	6,019.90	(0.75%)

Indian Stock indices closes almost flat - no direction to go

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Most of the major stock indices of India including BSE's Sensex and NSE's Nifty closed slightly up today but witnessed a volatile trade through out the day,
finding it's global peers like Dow Jones Industrials, European markets under stress and getting no direction to follow due to increasing investor consiousness about the predictions of possible stock market correction next month (read complete post).

Thus indian investors are too looking sceptical about the global developments and are playing very safe money till the clouds over possible double dip gets over, FMCG stocks ended in red after investors booked profits from two days of rally in FMCG stocks.

The 30 share BSE's Sensex closed up by just 33 points and was at 18,032.11 at closing today, the index touched the lowed price of 17,960.23 during intraday trading today.

The sectoral indices report card for today is as follows:

Index Name	Last Trade	Change
BSE 30	18,032.11	33.70(0.19%)
AUTO INDEX	8,741.49	31.44 (0.36%)
BANKEX	12,224.60	8.53(0.07%)
BSE - 100	9,662.72	15.12(0.16%)
BSE - 200	2,312.18	3.11 (0.13%)
BSE - 500	7,321.35	10.41(0.14%)
BSE - CAPITAL GOODS	14,631.60	91.22(0.62%)
BSE - CONS. DURABLES	5,803.82	31.34(0.54%)
BSE - FMCG	3,332.30	22.43(0.67%)
BSE - HEALTHCARE	5,549.64	13.24(0.24%)
BSE - INFOTECH	5,373.95	34.41(0.64%)
BSE Mid-Cap	7,640.96	6.25(0.08%)
BSE PUBLIC SECTOR	9,717.32	22.41(0.23%)
BSE Small-Cap	9,636.47	4.48(0.05%)
BSE TECK INDEX	3,374.60	5.66(0.17%)
METAL INDEX	15,128.44	217.62 (1.46%)
OIL & GAS INDEX	10,118.08	25.91 (0.26%)

The broader index National Stock Exchange's Nifty also closed little up today but lacked investor enthusiasm. thua closing a mere 6 points up at 5415 today. The NSE's subindices performance today is as follows:

Index Name	Last Trade	Change
S&P CNX NIFTY	5,415.45	6.75(0.12%)
S&P CNX DEFTY	4,001.20	7.25 (0.18%)
CNX NIFTY Junior	11,828.55	3.15 (0.03%)
S&P CNX 500	4,557.60	6.70 (0.15%)
CNX MIDCAP 200	8,737.45	20.35 (0.23%)
BANK NIFTY	10,747.25	19.80(0.18%)
CNX IT	5,971.25	34.65 (0.58%)

SENSEX up 46 pts | Nifty up 15 pts today

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Indian Stock market closed a little up today thus ending a five day decline streak, but again witnessed a lackluster day.

Oil and Gas sector stocks, Realty stocks subindices were major losers while Bank and Pharma sector looked a little promising.

Nifty closed at 5477.90, up 15.55 points from yesterdays close and reached the lowest of 5454.70 during intraday trade.

The 30 stock BSE's Sensex also closed up by about 46 points today as the rise of stock was seen mainly in FMCG, Banking sector and Pharma stocks, Sensex closed at 18226.35, up 46.71 points today.

However since the predictions about possible double dip to take place next month are gaining grounds thus despite closing up Market breadth was negative on the NSE with 1,750 declines against 1,483 advances.