SENSEX closes above 19K | TCS up over 5 percent

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The purchasing momentum for Tata Consultancy Services stock continued for the second day thus moving stock price up by over 5 percent today. Major Indian Stock indices like Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed up by 1 percent today. The benchmark index SENSEX closed above the 19000 levels today.

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The National Stock Exchange's NIFTY closed at 5,724.05 points up by 69 points today. Software stocks and Metals remained largest gainers today with IT index closing up by 2.60 percent with all the major companies stock price rising today.

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BSE's metal index also rose by 2.31 percent with stock price of Tata Steel, JSW and Sterlite Industries rising. All the sectoral indices also closed up today.

Sector-wise performance of BSE:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	10,162.24	56.01 (0.55%)
BSE-BANK.BO	BANKEX	13,121.12	333.16 (2.48%)
BSE-100.BO	BSE - 100	10,685.49	29.74 (0.28%)
BSE-200.BO	BSE - 200	2,538.85	6.64 (0.26%)
BSE-500.BO	BSE - 500	7,981.61	19.87 (0.25%)
BSE-CD.BO	BSE - CONS. DURABLES	6,416.70	37.94 (0.59%)
BSE-FMCG.BO	BSE - FMCG	3,755.72	62.69 (1.70%)
BSE-HC.BO	BSE - HEALTHCARE	6,822.03	58.69 (0.87%)
BSE-IT.BO	BSE - INFOTECH	6,820.54	3.56 (0.05%)
BSE-MIDCAP.BO	BSE Mid-Cap	7,853.03	20.15 (0.26%)
^BSESN	BSE SENSEX	20,498.72	62.33 (0.30%)
BSE-SMLCAP.BO	BSE Small-Cap	9,841.17	3.88 (0.04%)
BSE-TECK.BO	BSE TECk INDEX	4,042.03	7.36 (0.18%)
BSE-METAL.BO	METAL INDEX	17,890.55	68.95 (0.38%)
BSE-OILGAS.BO	OIL & GAS INDEX	10,735.56	136.74 (1.29%)

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.

It's Power Stocks day at BSE backed by Rel-Power - RNRL

(posted under - BSE live, power sector) - Most of the trading being done today at Bombay Stock Exchange is being done in power stocks today as RNRL- Rel Power merger news are latest RNRL-Reliance Power Merger.

The latest updates from Indian stock markets at noon are : Sensex is trading at 17,482.12, up 21.17 points. The Bombay Stock Exchange sensitive index opened at 17,473.83 against the previous close of 17,460.95 hence a little up.

On other hand Nifty is at 5241.65, up just 4.55 points. The National Stock Exchange benchmark started the session flat at 5237.00 versus Friday’s close of 5237.10. The 50-share index saw a high of 5246.80 against a low of 5225.85.

SENSEX looses 310 pts as investor's loose 41k crores of investment

(posted under - SENSEX crashes, SENSEX stock updates)- Indian Stock markets nosedived today because of global cues especially the greek debt news and bailout news comes on.

Bombay Stock Exchange’s Sensex closed at 17405.35, down 285.27 points or 1.61 per cent. The index touched intraday low of 17344.58 and high of 17643.59.

National Stock Exchange’s Nifty ended at 5219.55, down 88.80 points or 1.67 per cent. The index touched a low of 5202.45 and high of 5308.25 in today’s trade.

BSE Midcap Index was down 1.52 per cent and BSE Smallcap Index moved 1.94 per cent lower.

All the sectoral indices ended in the red. BSE Realty Index fell 3.61 per cent, BSE Oil&gas Index declined 2.72 per cent and BSE Metal Index was down 2.21 per cent.

Market breadth was negative on the BSE with 1090 declines against 218 advances.

9 Sectoral Indexes perform better then BSE SENSEX

The broader market index, Sensex gave returns of nearly 10 per cent in the reviewed period to close at 15,240.83 points at the end of the Friday's trade on the BSE.

The IT index led the gains with a healthy return of 29 per cent during the period between May 21 and August 21, 2009. The IT index closed at 3,954.18 points.

Other key indices which outperformed the Sensex with a significant margin include, Auto (20.47 per cent), Metal (20.18 per cent) and FMCG (18 per cent).

Meanwhile, the three sectoral indices which underperformed the key index were, Bankex (with returns of 7.22 per cent), Power (6.58 per cent) and PSU (7.17 per cent).

The only index which gave negative return was the Oil&Gas index which lost nearly two per cent during the period under review.

Other, indices which gave good returns includes Realty (14.23 per cent), Teck (15.83 per cent), CG (13.51 per cent), HC (12.42 per cent), CD (16.83 per cent).

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.

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“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

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.

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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.

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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

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.

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“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.

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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

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.

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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)

Oct 24 - Blood Bath at SENSEX - Down 1070 pts

Investors will remember October 24, 2008 as the bloody Friday as Indian stock markets were seen all in red through out the day.

In one of the worst trading sessions, investors helplessly saw their Investments being wiped out. Those who were praying for a pull-back were left in the lurch as determined bears tore the market apart.
The gains of the four-year bull-run were lost in just eight months. The biggest damage being suffered in last one month, with the indices losing over 36 per cent

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Daily BSE, NSE, NASDAQ, DJIA Closing rates

For traders, it was a nightmare as red blips flashed on their terminals. The bear onslaught saw their stop-losses getting triggered. The party on the Dalal Street is over, but few would have expected such a savage end where share prices of blue-eyed large cap companies were reduced to that of smallcaps. Reliance Industries and ONGC were down 16.44 per cent and 15.01 per cent respectively.

Indian equities were the worst performers. Bombay Stock Exchange’s Sensex plunged 11 per cent or 1070.63 points to close at 8,701.07. The index touched a low of 8566.82.

National Stock Exchange’s Nifty ended at 2584, down 12.20 per cent or 359.15 points. The broader index touched a low of 2525.05.

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Daily BSE, NSE, NASDAQ, DJIA Closing rates

DLF (-23.96%), Ranbaxy Laboratories (-17.83%), Hindalco Industries (-17.82%), Tata Motors (-16.54%), Reliance Industries (-16.44%) and Mahindra & Mahindra (-16.04%) were the worst hit.

BSE Midcap closed 8.38 per cent lower and BSE Smallcap Index ended 7.66 per cent down. The BSE Realty Index slumped 24.39 per cent and BSE Oil & Gas Index lost 14.97 per cent.

Market breadth on BSE collapsed with 1835 declines against 247 advances.

“Markets have fallen too much and moving up will take some time. It can’t be said as of now whether the correction is over. Though we are in an oversold zone, news from the US markets and liquidity flows will govern the market,” said Dipen Shah, vice-president, private client group of Kotak Securities.


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Daily BSE, NSE, NASDAQ, DJIA Closing rates

However, this doesn’t seem to be the end of catastrophic fall on the Indian bourses. US stock futures hit lower circuit Friday an hour and half before the market opens. The Dow Jones Industrial Average futures slipped 550 points, or 6.27 percent and Standard & Poor's 500 futures shed 60 points or 6.56 per cent.

Earlier in the day, Japan’s Nikkei 225 ended -9.60 per cent lower, Kospi fell 10.57 per cent and Hang Seng declined 8.30 per cent.

European markets also witnessed sharp correction. FTSE 100 was down 8.96 per cent, CAC 40 was down 8.90 per cent and DAX plunged 9.58 per cent.

Shah’s advice to investors is to not panic and sell out everything. “There are still fundamentally sound stocks available at attractive levels. Good quality stocks in largecaps should not be sold and must be accumulated with medium to long term view.


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Daily BSE, NSE, NASDAQ, DJIA Closing rates


Markets opened with a sharp cut but caved in after the Reserve Bank of India announced its half-yearly economic policy review, wherein it left policy rates and reserve ratios unchanged.

The central bank revised lower GDP growth target to 7.5-8.0 per cent from 8.0 per cent earlier but maintained the inflation target at 7 per cent for FY09.
The revision in GDP growth forecasts led to panic among investors, already shaken by the relentless sell-off by foreign funds. There were market reports that long only funds and domestic institutions were too on sell-side.

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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“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.

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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.