Banks | Realty helps in SENSEX's rebound closes in green

After trading in red over Infosys results. Indian Stock Indices BSE's SENSEX and NSE's NIFTY finally closed in green thanks to banking stocks and Realty stocks.
IT Index however closed down by over 2 percent.

Bombay Stock Exchange’s Sensex ended at 17987.46, up 50.26 points or 0.28 per cent. The index touched a high of 17998.04 and low of 17855.85.

National Stock Exchange’s Nifty closed at 5402, up 19 points or 0.35 per cent. The broader index hit a high of 5406.20 and low of 5357.85. BSE Realty Index surged 4.04 per cent and BSE Metals Index moved 1.44 per cent higher

BSE Midcap Index was up 0.75 per cent and BSE Smallcap Index moved 0.74 per cent higher.

Infosys poor show hits IT Index

(posted under Infosys results) - A 8.5 percent decrease in yoy profit forced Infosys stock selling by investors thus moving the stock price of India's second largest It services company down by over 2 percent at closing.

When the quartely results poured in Shares in Infosys were down 2 per cent at Rs 2,836.90. The 50-share NSE index was down 0.1 per cent at 5,376.80. This is OK, However the major reason for concern is that as attrition rate of Infosys has crossed 16 perc (which means that the most brilliant 16/100 have already left the company) so how it would deliver on time to the clients.

Middle managemant attrition is specially an area of big concern for the IT services company.

Real Estate | telecom lifts SENSEX | NIFTY

Major Indian stock indices (including BSE'S SENSEX, NSE's NIFTY) traded in green throughout and finally closed in green today as DLF, UNITECH, Idea and Cairn India lifted the markets today.
Market breadth also remained positive, Indian markets were supported by foreign peers which also closed up today.

National Stock Exchange’s Nifty ended at 5379.35, up 26.90 points or 0.50 per cent. The index touched a high of 5402.70 and low of 5351.60. BSE Realty Index was up 2.13 per cent and BSE IT Index advanced 1.33 per cent. BSE Oil&gas Index slipped 0.46 per cent and BSE Healthcare Index declined 0.29 per cent.

Bombay Stock Exchange’s Sensex closed at 17933.17, up 99.63 points or 0.56 per cent. The index touched a high of 18010.07 and low of 17874.95.

BSE Midcap Index was up 0.20 per cent and BSE Smallcap Index moved 0.60 per cent higher.
Market breadth was positive on the NSE with 1706 gainers against 1431 losers.

BSE to have separate exchange for SME'S and midsized companies

(posted under - SME exchange) - Bombay Stock Exchange has submitted a preliminary application to Securities and Exchange Board of India(SEBI) for setting up a separate exchange for small and medium-size enterprises.

Apart from the BSE, National Stock Exchange and MCX Stock Exchange (MCX-SX) have also shown interest in setting up such a platform for SMEs.

SENSEX | NIFTY closes up - over 1 percent

(posted under - SENSEX rates, NIFTY rates) - Major Indian stock indices closed in green today following the US and European markets.

National Stock Exchange’s Nifty closed at 5296.85, up 55.75 points or 1.06 per cent. The index touched a high of 5320.50 and low of 5242.

Bombay Stock Exchange’s Sensex ended at 17651.73, up 180.70 points or 1.03 per cent. The index hit intraday high of 17728.37 and low of 17536.48. BSE Midcap Index was up 0.88 per cent and BSE Smallcap Index moved higher by 0.64 per cent. BSE Realty Index moved 1.61 per cent higher, BSE IT Index advanced 1.46 per cent and BSE Metal Index gained 1.36 per cent.

Nifty passes 5300 in day trading today

(posted under - Intraday trading) - At 10:48 am, National Stock Exchange’s benchmark Nifty was at 5314.15, up 73.05 points or 1.39 per cent. The index touched a high of 5318.85 and low of 5242 in early trade.

The Bombay Stock Exchange’s Sensex was up 244.97 points or 1.40 per cent at 17716. The index hit a high of 17727.82 and low of 17536.48.

BSE Midcap Index was up 1.15 per cent and BSE Smallcap Index moved 1.29 per cent higher.

Amongst the sectoral indices, BSE Realty Index advanced 1.93 per cent, BSE Metal Index moved 1.83 per cent higher and BSE Bankex moved up 1.72 per cent.

Nice day for Indian Stock markets - closes in green

(posted under - BSE closing, NSE closing) - Major Indian Stock indices ie BSe's SENSEX, NSE's NIFTY closed smiling today as both of the indices were up at closing by more then one percent. Indices got a boost from Banking stocks and also major IT stocks were up with TCS leading, Mahindra and Mahindra, HDFC bank were other major stocks in positive territory today.

The upward streak continued throughout the day from opening till the closing bell. Bombay Stock Exchange’s Sensex closed at 17595.05, up 153.61 points. The 30 share benchmark index touched intraday high of 17643.14 and low of 17395.58. All the sectoral indices were also in green through out the day, BSE Midcap Index was up 0.70 per cent and Smallcap Index moved 0.57 per cent higher. BSE Metal Index was up 1.77 per cent, BSE IT Index advanced 1.62 per cent and BSE Bankex moved 1.62 per cent higher.

National Stocks exchange's Nifty also followed and closed in green closing at 5282.80, up 46.90 points The index touched a high of 5297.45 and low of 5231.50 in today’s trade.

BSE's SENSEX | NIFTY in green at opening

(posted under - BSE live, SENSEX rates) - Indian stock indices openned in green today as some optimism was prevelant all over the Dalal street from beforee the opening bell.

Sensex rose nearly 60 points higher in opening trade today as stocks of companies like Reliance Industries and Infosys staged a moderate recovery on emergence of buying by funds.

national Stock exchange's NIFTy followed by gaining 15.20 points at opening and was comfortably placed at 5,251.10.

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.

SENSEX , NIFTY closes marginally in red - 5/7/2010

(posted under - SENSEX closing, NIFTY closing) - Indian Stock markets closed in red today marginally BSE's SENSEX closed down by meager 19 points whereas NSE's NIFTY closed down by 1.20 pts today

. Tracking today's trading sessions of SENSEX and NIFTY we can easily say that Public companies were the most affected and were down. Major losers for the day were BHEL, NTPC, ONGC, Reliance Communications and BPCL, all of them were over 1 percent down. Market breadth was positive on the NSE with 1784 gainers against 1342 losers. BSE Midcap Index was up 0.29 per cent and BSE Smallcap Index moved 0.32 per cent higher.
BSE Healthcare Index gained 0.53 per cent and BSE IT Index moved 0.39 per cent higher. BSE Oil&gas Index declined 0.79 per cent lower and BSE Metal Index slipped 0.40 per cent.

SENSEX | NIFTY witnessess lackluster trading - Markts flat

(posted under - 5/7/2010 Indian Markets updates) - Major Indian stock indices including BSE'S SENSEX , NSE;s NIFTY are witnessing a lackluster trading day (impact of Bharat Bandh called by NDA). SENSEX is up by meager 5 points and Nifty is up by 6 points when i am writing this post.

Related post:
How BSE Works
BSE Healthcare Index gained 0.69 per cent and BSE Auto Index moved 0.64 per cent higher. BSE Oil&gas Index moved 0.44 per cent lower and BSE Realty Index slipped 0.18 per cent. Mahindra & Mahindra (1.54%), Cipla (1.14%), Tata Motors (1.11%), Sterlite Industries (0.93%) and ACC (0.72%) are the top Sensex gainers.

Majority of top 10 BSE companie's M-cap rockets

(posted under - BSE live, BSE Stocks) - Majority of top 10 companies of BSE added a whopping 17000 crores to their Market Capitalisation, Oil and Natural gas Corporation(ONGC) was first in list and added more then 8000 crores. ONGC gained 3.24 per cent to settle at Rs 1,305.05 at the end of Friday's trade on the Bombay Stock Exchange.

RIL gained 1707 crores, NTPC at the third spot saw its valuation swell by Rs 5,029.73 crore to Rs 1,66,764.43 crore. ITC gained over 190 crores.