High Interest rates global voes pulls Indian Stock markets

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Benchmark Indian stock indices nosedived today as increased interest rate by RBI and global uncertainity of US credit status degradation played spoilsport. The 30 component large cap index Bombay Stock Exchange's SENSEX closed down by 1.21 percent today. the broader index National Stock Exchange's NIFTY also closed don by over 1 percent today.

Sector wise updates from Bombay Stock Exchange is as follows:

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BSE Sectoral indices daily analysis

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With major Indian stock indices closing up by nearly one percent, sectoral indices at Bombay Stock Exchange followed too, The 30 component SENSEX closed at 19691.71, Up by 182 points, The broader index National Stock Exchange's NIFTY also closed on a high note and was at 5907 up by over 50 points.

Sectorwise performance of the Bombay Stock Exchange was seen as follows for today:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	9,981.48 3:40PM	59.72 (0.60%)
BSE-BANK.BO	BANKEX	13,091.22 3:40PM	88.35 (0.68%)
BSE-100.BO	BSE - 100	10,316.00 3:40PM	102.68 (1.01%)
BSE-200.BO	BSE - 200	2,450.47 3:40PM	26.53 (1.09%)
BSE-500.BO	BSE - 500	7,694.51 3:40PM	89.34 (1.17%)
BSE-CD.BO	BSE - CONS. DURABLES	6,018.48 3:40PM	70.77 (1.19%)
BSE-FMCG.BO	BSE - FMCG	3,555.93 3:40PM	4.56 (0.13%)
BSE-HC.BO	BSE - HEALTHCARE	6,582.25 3:40PM	83.38 (1.28%)
BSE-IT.BO	BSE - INFOTECH	6,272.12 3:40PM	10.49 (0.17%)
BSE-MIDCAP.BO	BSE Mid-Cap	7,537.00 3:40PM	131.03 (1.77%)
^BSESN	BSE SENSEX	19,691.78 3:59PM	182.89 (0.94%)
BSE-SMLCAP.BO	BSE Small-Cap	9,134.65 3:40PM	183.35 (2.05%)
BSE-TECK.BO	BSE TECk INDEX	3,744.44 3:40PM	8.34 (0.22%)
BSE-METAL.BO	METAL INDEX	16,327.38 3:40PM	336.10 (2.10%)
BSE-OILGAS.BO	OIL & GAS INDEX	10,560.62 3:40PM	134.39 (1.29%)

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.

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

BSE SENSEX | NSE NIFTY closes in green thanks to cues from asian markets

(posted under - BSE rates, SENSEX rates) - The bench mark index BSE's SENSEX closed a whopping 202 pts up today as all the major asian markets were seen up hence investor's became bullish. Bombay Stock Exchange’s Sensex closed at 15,012.32, up 202.68 points or 1.37 per cent. It touched a high of 15145 and low of 14928.18.

Related posts -
August SENSEX | NIFTY closing rates

Nifty ended at 4453.45, up 59.35 points or 1.35 per cent. The index touched an intra-day high of 4492.80 and low of 4394.35.

Markets breadth was positive and it had 1525 advances against 1145 declines.

September Closing Rates - BSE | NSE | NASDAQ | Dow Jones

September 30,2008 - TUESDAY - Closing Rates :


DOW JONES (Closing) - 10394.92 - Down(-748.21)

NASDAQ (Closing) - 1983.73 - Down(-199.61)

SENSEX (Closing) - 12860.43 - Up^264.68

NIFTY (Closing) - 3921.20 - Up^71.15


September 29,2008 - MONDAY - Closing Rates :


DOW JONES (Closing) - 11143.13 - Up^121.07

NASDAQ (Closing) - 2183.34 - Down(-3.23)

SENSEX (Closing) - 12629.60 - Down(-472.58)

NIFTY (Closing) - 3850.05 - Down(-135.20)


September 24,2008 - WEDNESDAY - Closing Rates :


DOW JONES (Closing) - 10854.17 - Down(-161.52)

NASDAQ (Closing) - 2153.33 - Down(-25.65)

SENSEX (Closing) - 13729.13 - Up^158.82

NIFTY (Closing) - 4161.25 - Up^34.35


September 23,2008 - TUESDAY - Closing Rates :


DOW JONES (Closing) - 11015.69 - Down(-372.75)

NASDAQ (Closing) - 2178.98 - Down(-94.92)

SENSEX (Closing) - 13570.31 - Down(-424.65)

NIFTY (Closing) - 4126.90 - Down(-96.15)


September 18,2008 - THURSDAY - Closing Rates :


DOW JONES (Closing) - 10609.66 - Down(-449.36)

NASDAQ (Closing) - 2098.85 - Down(-109.05)

SENSEX (Closing) - 13315.60 - Up^52.70

NIFTY (Closing) - 4038.15 - Up^29.90


September 17,2008 - WEDNESDAY - Closing Rates :


SENSEX (Closing) - 13262.90 - Down(-255.90)

NIFTY (Closing) - 4008.25 - Down(-66.65)

DJIA (Closing) - 11059.02 - Up^141.51

NASDAQ (Closing) - 2207.90 - Up^27.99



September 16,2008 - TUESDAY - Closing Rates :


SENSEX (Closing) - 13518.80 - Down(-12.47)

NIFTY (Closing) - 4072.90 - Up^2.00

DJIA (Closing) - 10917.51 - Down(-504.48)

NASDAQ (Closing) - 2179.91 - Down(-81.36)


September 15,2008 - MONDAY - Closing Rates :


SENSEX (Closing) - 13531.27 - Down(-469.54)

NIFTY (Closing) - 4072.90 - Down(-155.55)

DJIA (Closing) - 11421.99 - Down(-11.72)

NASDAQ (Closing) - 2261.27 - Up^3.05


September 12,2008 - FRIDAY - Closing Rates :


SENSEX (Closing) - 14000.81 - Down(-323.48)

NIFTY (Closing) - 4228.45 - Down(-61.85)

DJIA (Closing) - 11421.99 - Down(-11.72)

NASDAQ (Closing) - 2261.27 - Up^3.05



September 10,2008 - WEDNESDAY - Closing Rates :

SENSEX (Closing) - 14662.61 - Down(-238.15)

NIFTY (Closing) - 4400.25 - Down(-68.45)

DJIA (Closing) - 11230.73 - Down(-280.01)

NASDAQ (Closing) - 2209.81 - Down(-59.95)


September 4,2008 - THURSDAY - Closing Rates :

SENSEX (Closing) - 14899.10 - Down(-150.76)

NIFTY (Closing) - 4447.75 - Down(-56.25)

DJIA (Closing) - 11532.88 - Up^15.96

NASDAQ (Closing) - 2333.73 - Down(-15.51)


September 1,2008 - MONDAY - Closing Rates :

SENSEX (Closing) - 14498.51 - Down(-66.02)

NIFTY (Closing) - 4348.65 - Down(-11.35)

DJIA (Closing) - 11543.55 - Up^212.67

NASDAQ (Closing) - 2367.52 - Up^29.18


note- all rates are with respect to previous day close resp.

BSE Closing rates - July 2008 | NASDAQ | Dow Jones | NSE

July 25/2008 FRIDAY Closing rates :

BSE - Closing Rate - 14274.94 - Down(-502.07)

NSE - Closing Rate - 4311.85 - Down(-121.70)

NASDAQ - Closing Rate - 2310.53 - Up^30.42

DOW JONES - Closing Rate - 11370.69 - Up^21.41


July 18/2008 FRIDAY Closing rates :

BSE - Closing Rate - 13635.40 - Up^523.55

NSE - Closing Rate - 4092.25 - Up^145.05

NASDAQ - Closing Rate - 2282.78 - Down(-29.52)

DOW JONES - Closing Rate - 11496.57 - Up^49.91

July 17/2008 THURSDAY Closing rates :

BSE - Closing Rate - 13111.85 - Up^536.05

NSE - Closing Rate - 3947.20 - Up^130.50

NASDAQ - Closing Rate - 2284.85 - Up^69.14

DOW JONES - Closing Rate - 11239.28 - Up^276.74

July 16/2008 WEDNESDAY Closing rates :

BSE - Closing Rate - 12575.80 - Down(-100.39)

NSE - Closing Rate - 3816.70 - Down(-44.40)

NASDAQ - Closing Rate - 2215.71 Up^2.84

DOW JONES - Closing Rate - 10962.54 - Down(-92.65)

July 15/2008 TUESDAY Closing rates :

BSE - Closing Rate - 12676.19 - Down(-654.32)

NSE - Closing Rate - 3861.10 - Down(-178.60)

NASDAQ - Closing Rate - 2212.87 - Down(-26.21)

DOW JONES - Closing Rate - 11055.19 - Down(-45.35)


July 10/2008 THURSDAY Closing rates :


BSE - Closing Rate - 13926.24 - Down(-38.02)

NSE - Closing Rate - 4162.20 - Up^5.10

NASDAQ - Closing Rate - 2234.89 - Down(-59.55)

DOW JONES - Closing Rate - 11147.44 - Down(-236.77)



July 9/2008 WEDNESDAY Closing rates :



BSE - Closing Rate - 13964.26 - Up^614.61

NSE - Closing Rate - 4157.10 - Up^168.55

NASDAQ - Closing Rate - 2294.44 - Up^51.12

DOW JONES - Closing Rate - 11384.21 - Up^152.25


July 8/2008 TUESDAY Closing rates :


BSE - Closing Rate - 13349.65 - Down(-176.34)

NSE - Closing Rate - 3988.55 - Down(-41.45)

NASDAQ - Closing Rate - 2243.32 - Down(-2.06)

DOW JONES - Closing Rate - 11231.96 - Down(-56.58)


July 7/2008 MONDAY Closing rates :


BSE - Closing Rate - 13525.99 - Up^71.99

NSE - Closing Rate - 4030.00 - Up^14.00

NASDAQ - Closing Rate - 11288.54 - Up^73.03

DOW JONES - Closing Rate - 2245.38 - Down(-6.08)



July 4/2008 FRIDAY Closing rates :



BSE - Closing rates - 13454.00 - Up^359.89

NSE - Closing rates - 4016.00 - Up^90.25

NASDAQ - Closing rates - 2245.38 - Down(-6.08)

DOW JONES - Closing rates - 11288.54 - Up^73.03



July 3/2008 THURSDAY Closing Rates :


BSE - Closing rates - 13094.11 - Down(-570.51)

NSE - Closing rates - 3925.75 - Down(-167.60)

NASDAQ - Closing rates - 2251.46 - Down(-53.51)

DOW JONES - Closing rates - 11215.51 - Down(-166.75)



July 2/2008 WEDNESDAY Closing Rates :


BSE - Closing rates - 13664.62 - Up^702.94

NSE - Closing rates - 4093.35 - Up^196.60

NASDAQ - Closing rates - 2304.97 - Up^11.99

DOWJONES - Closing rates - 11382.26 - Up^32.25



July 1/2008 TUESDAY Closing Rates :


BSE - Closing rates - 12961.68 - Down(-499.92)

NSE - Closing rates - 3896.75 - Down(-143.80)

NASDAQ - Closing rates - 2292.98 - Down(-22.65)

DOW JONES - Closing rates - 11350.01 - Up^3.50

9 june - Sensex Down 500 pts - Oil reaches $140 / barrel mark

Online Share trading guide

June 9 - Share prices in India fell to their lowest levels so far this year on Monday, following a sell-off in global markets, crude oil inching closer to the $140 mark over the weekend, and amid talk it would touch $150/barrel sooner rather than later.

US markets fell sharply on Friday, and Asia followed suit Monday, as concerns about the health of the US economy resurfaced after data showed unemployment increased. But stocks on Dalal Street were the worst performers
across the globe as domestic concerns weighed and talk of Indian markets in a 'bear phase' spooked participants.

Even longer-term investors, already rattled by last week's slide, were quick to liquidate positions, following a similar pattern among foreign institutions.

Online Share trading guide

"Indian investors get weak in the knees when FIIs start selling. The fundamentals are not the same as they were a few months back, and people are starting to believe the bear phase is actually here. We are largely under performing other markets because our economy is comparatively more sensitive to the rise in oil," said Viral Doshi, independent technical and derivatives analyst.

"I think the selling will continue. I don't expect to see any support coming in before Nifty reaches 4300 - the 38.2% retracement level from the January 2008 high to the March 2003 bottom," Doshi added.

National Stock Exchange's Nifty closed at 4500.95, down 127 points or 2.74 per cent from Friday's close. Intraday, it fell to a low of 4411.60--also the low so far in 2008.

Bombay Stock Exchange's Sensex plunged 506 points or 3.25 per cent to 15,066.10, off the low of 14,846.18. The high was 15,202.74.

Online Share trading guide

Mid-and small-cap stocks were not spared either. BSE Mid-cap and Small-cap indices ended down 2.83 per cent and 3.63 per cent, respectively.

Ranbaxy Laboratories (up 3.87%), Reliance Communications (1.34%), Hindalco Industries (0.2%) were the only gainers in the 30-share Sensex.

Among the index losers, Jaiparakash Associates (down 8.65%), DLF (7.39%), ONGC (7.02%), HDFC (5.99%), Reliance Infrastructure (5.65%) and Wipro (4.85%) were severely beaten down.

Realty stocks were hit the hardest as increasing probability of a slowdown in the sector, rising input costs and little chances of interest rate softening weighed on sentiment.

Online Share trading guide

Being a high-beta sector, when the overall market sentiment is weak, real estate stocks tend to perform very poorly, said analysts tracking real estate sector.

BSE Realty Index shed a massive 7.38 per cent with industry leaders DLF hitting a life low of Rs 475 and Unitech plunging to 52-week low of Rs 183.05. Other realty counters Akruti City (6.72%), Anant Raj Industries (5.55%), Ansal Infrastructure (8.1%), HDIL (8.81%) and Indiabulls Realty (6.06%) were also beaten down.

BSE Healthcare Index edged higher in the afternoon as investors chose to place their bets on the defensive sector. Ranbaxy rose 3.87 per cent sending the BSE Healthcare Index up 0.53 per cent. Other sectoral gainers comprised Lupin Laboratories (8.05%), Nicholas Piramal (up 2.89%) and Sun Pharmaceuticals (2.72%).

Market breadth was negative, with 2,170 declines and 474 advances on BSE.

Online Share trading guide

Sensex slips below 15k, Nifty at fresh 2008 low

MUMBAI: Stock indices lost further ground after a plunge early Monday as traders were swift to sell shares tracking hefty losses in Asian and US markets. Domestic concerns over inflation and spiraling oil prices only worsened the situation, pushing the Nifty-50 Index below the previous 2008 low of 4448.50, making a fresh low of 4433.5 for the year.

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Online Share Trading Guide

Do's and Dont's of Share Markets

“The Nifty may break the 4448 mark, the level from which it bounced back in January. In the Month of March, it came within breathing distance of 4468 but bounced back. So if Nifty breaks the level of 4448 now, it would make a lower bottom and comprehensively answer whether we are in a bear market. The breaching would immediately trigger selling by all those who had not blinked in January and March. Our advice is to protect your capital at all costs and do whatever is needed to implement this strategy,” Anagram Stock Broking said in a note.

At 11 am, the National Stock Exchange’s Nifty was down 191 points or 4.13 per cent at 4436.50. The Bombay Stock Exchange’s Sensex was down 677 points or 4.36 per cent at 14,893.57, making a low of 14,864.37. Jaiprakash Associates (down 8.08%), HDFC (7.81%), Reliance Infrastructure (7.05%), DLF (6.96%) and ONGC (6.35%) were the biggest index losers. There were no gainers in the 30-share index.

also read

Online Share Trading Guide

Do's and Dont's of Share Markets

India's annual inflation rate in late May rose to 8.24 percent, the highest since August 2004, data on Friday showed. Crude oil jumped by $11 on Friday hitting a record high of $139.12 a barrel on fresh tensions in the Middle East. Oil prices edged lower to $137.7 on Monday.

Indian shares largely underperformed other Asian markets. The Nikkei was down 1.86 per cent and the Straits Times dropped 2.05 per cent. Markets in Hong Kong were closed for a holiday. Foreign institutional investors' contribution in buying equities remained negative in the year 2008 (till June 6) as they made gross purchases of shares worth Rs 3,86,594 crore and sold the same valued at Rs 4,05,254.60 crore, indicating a deficit of Rs 18,660.60 crore.

Bond yields at 1 year high - Stock market updates

Federal bond yields rose to one-year highs early on Friday, after hawkish comments by the central bank and on concerns soaring inflation may dampen investor appetite at a 100-billion-rupee ($2.3 billion) auction.

At 9:04 a.m. (0334 GMT), the 10-year benchmark bond yield was at 8.21 percent, its highest since late-June 2007, according to Reuters data and above 8.19 percent on Thursday. It has gained 11 basis points so far this week on top of a rise of 18 basis points in May. Reserve Bank of India Governor Yaga Venugopal Reddy said on Thursday the central bank was ready to take recourse to its full range of instruments to anchor inflationary expectations.


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