Top 5 Indian Stock Market updates for today

Share |

Following are top stock news coming from Dalal street today, Both SENSEX and NIFTy closed in deep red today.

1. Anil Ambani group lodge a complaint with market regulator SEBI seeking action against 'corporate rivals' hammering the stocks.
2. BPCL shares extends losses on weak earnings.
3. Sun Pharma up on value-buying.
4. Mahindra & Mahindra gains over 4 pc on nice Q3 results.
5. Idea, RCom, Bharti, MTNL react to TRAI recos.

Indian stocks indices smiles at closing today

A very good evening to all the visitors, The news coming from dalal street at closing today is good as benchmark indian indices closed in green today. Both SENSEX and NIFTY closed in green today. The 30 component benchmark index Bombay Stock Exchange's Sensex closed up by 358.69 points at 18449.31 The index touched a high of 18466.21 in intraday trading today.

Related Posts-
Share tips
SENSEX rates for feb-2011

Sectorwise performance for the day of Bombay Stock Exchange BSE Realty Index closed up by 3.93 percent whereas BSE Capital Goods Index gained 2.51 percent and BSE Metal Index gained 2.19 percent at closing bell. The market breadth also remained positive today with 1763 gainers against 1037 losers.

The broader index NIFTY also closed up by over 1.74 percent today. The index touched a low of 5418 in intraday trading before finally closing at 526.75, up 94.75 points.

Indian Stock Indices all in green - up 485 pts

Share |

Stock purchasing by Foreign Institutional investors returned back in Indian stock markets backed by the news of fed regarding new stimulus for US economy revival. The higher opening of major European stock indices also boosted Indian stock markets towards the end of the day today.

The day saw large purchasing at Dalal street as the oldest Asian stock Exchange Bombay Stock Exchange closed on a positive note with all the sub indices closing well over 1 percent up.

The 30 component benchmark index Sensex closed finally at 20687.88 up by 484.54 points at EOD. The index touched a high of 20703.97 and low of 20211.66 during intraday trading today. Market breadth was positive on the BSE with 1928 advances against 1066 declines. Both Midcap index and Small cap index too closed up by over 1 percent today.

The same mood was prevelant at National Stock Exchange as was seen at closing of NIFTY today. The broader index Nifty closed at 6233.90, up by huge 143 points. The index touching the high of 6240.25 in trading hours today.

The sectoral indices of BSE were also in happy mood as all of them closed up, BSE IT Index closed up by almost 3.15 percent, BSE Capital Goods Index also gained 2.68 percent today and BSE Realty Index moved 2.51 percent higher.

Negative global cues pulls Indian stock markets down

Share |

Dalal Street saw heavy selling today towards the end with Bombay Stock Exchange eventually closing down at 20200 levels. Weak European markets cues and lower then expected IIP data also weakened investors confidence in global economic recovery, Profit booking was yet another factor for the lower closing witnessed at major Indian stock markets like Bombay Stock Exchange and National Stock Exchange.

It is also predicted that Reserve Bank of India (RBI) will hike both the reverse repo and repo rates by 25 bp in November starting. It looks surprising that what the Ip data shows about Indian economy, The 8.5 percent growth is sustainable and will be boosted by good monsoon this year.

Related Posts:
The Warren Buffett Way of Investing
Essential Investing tips
BSE Holidays 2010
Top 10 Brokerage Houses of India

At EOD the 30 component Sensex closed at 20,203.34, down by 136.55 points. It touched high of 20,368.40 and low of 20,107.25 during intraday trading hours.

National Stock Exchange's broader index NIFTY closed down by 44.95 points and was at 6,090.90.

Most of the sectoral indices at Bombay Stock Exchange also closed lower as the overall market breadth was negative.

Sector waise performance for today:
BSE Midcap Index closed down by 0.51 percent, however BSE Smallcap Index ended almost flat today. BSE Realty Index fell by 1.80 percent at close today, BSE Capital Goods Index also closed lower by 1.58 percent and BSE Metals Index was down by 1.43 percent.

Indian Stock Market Headlines for the day

Share |

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