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(8/6/09 BSE | NSE Closing) - The 30 share SENSEX fell by a whopping 437 pts as investors sold their shares to make profits ending a 13 week bullish run. Metal, banking and realty stocks suffered hefty losses. The fall was the third-highest after those of January 7 and March 30.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
In a similar fashion, the 50-share National Stock Exchange index Nifty dropped by 157.00 points to 4,429.90, breaking a psychological 4,600 level.
Only information technology stocks were in positive territory following a firming dollar, raising hopes of better revenue. Over 50 per cent of the country's software export revenue comes from the US markets.
Marketmen said the steep rise of 88 per cent in the market was overdone and attracted profit-selling by funds and retail investors.
The major puller to the market were heavy-weight stocks like Sterlite Industries, Reliance Industries, Tata Steel, Reliance Communications, Reliance Infra, Jaiprakash Associates, ICICI Bank and State Bank of India.
Monday, June 8, 2009
BSE Sensex falls 437 pts | Nifty down 157 pts
Sunday, June 7, 2009
Market attracts 1 lakh new investor's
The total investor wealth, measured in terms of cumulative market capitalisation of all the listed companies, has soared to about Rs 51,00,000 crore. This represents a gain of about Rs 23,00,000 crore from the level seen in later October last year, although it is still about Rs 20,00,000 crore below the peak seen in January 2008.
A total of about 1.2 lakh new stock market investors opened their demat accounts, which is necessary to trade in equities, during the month of May, according to data available with the two depositories, National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL).
This has increased the total number of demat accounts in the country to over 1.5 crore.
The market experts believe that the inflow of a large number of new investors into the market could be attributed the sharp surge in the recent months as well as expectations for revival of the IPO market with some fundamentally-sound public issues by the government-run companies.
Friday, June 5, 2009
NIFTY closes under 4600 | SENSEX at 15097
(5/6/09 BSE | NSE closing)- National Stock Exchange’s Nifty ended at 4583.70, up 11.05 points or 0.24 per cent. The broader index slipped from intra-day high of 4636.85 and touched an intra-day low of 4561.95.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
Bombay Stock Exchange’s Sensex closed at 15097.40, up 88.72 points or 0.59 per cent. The 30-share index hit a high of 15257.30 and low of 14993.60.
BSE Midcap Index was down 0.83 per cent and BSE Smallcap Index fell 1.12 per cent lower.
BSE Capital Goods Index was up 3.02 per cent, BSE IT Index gained 2.60 per cent and BSE Auto Index moved up 2.37 per cent. BSE Realty Index was down 2.47 per cent and FMCG Index was down 2.10 per cent.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
BSE showed 1496 advances against 1334 declines.
Thursday, June 4, 2009
Sensex recovers and closes at 15008 | Nifty at 4572
(4/6/09 - Sensex closing) - Bombay Stock Exchange’s Sensex closed above the psychological 15000 mark for the first-time in 9-months. The 30-share index ended at 15,008.68, up 137.78 points or 0.93 per cent. It touched an intra-day high of 15026.03 and low of 14599.43.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
National Stock Exchange’s Nifty ended at 4572.65, up 41.95 points or 0.93 per cent. The 50-share index hit a high of 4582.20 and low of 4453.45 during the day.
The BSE Midcap Index closed 2.26 per cent and BSE Smallcap Index moved up 2.20 per cent. Biggest Sensex gainers were Ranbaxy Laboratories (6.06%), Sun Pharmaceuticals (4.14%), Hindustan Unilever (3.73%), Reliance Infrastructure (3.39%) and Larsen & Toubro (3.3%). Sterlite Industries (-5.91%), Hindalco Industries (-3.54%), Tata Steel (-3.53%), Wipro (-1.26%) and Infosys Technologies (-1.15%) were the losers.
Market breadth on BSE showed 2,130 advances against 688 declines today.
Monday, June 1, 2009
BSE | NSE closing for june 2009
The post provides closing rates details of BSE (Bombay Stock Exchange) , NSE (National Stock Exchange) on per day basis.
For world markets updates : Click here and for US markets updates : Click here.
BSE | NSE at closing June 2009 :
SENSEX | 14785.74 | 21.10 | Up^21.10
SENSEX |14521.89 |256.36 | Up^256.36
SENSEX |15103.55 |94.87 | Up^94.87
SENSEX | 15008.68 | 137.78 | Up^137.78
NIFTY |4572.65 | 41.95 | Up^41.95
SENSEX | 14874.91 | 34.28 | Up^34.28
NIFTY |4525.25 | -4.65 | Down(-4.65)
SENSEX | 14840.63 | 215.38 | Up^215.38
NIFTY | 4529.90 | 80.95 | Up^80.95
Tuesday, May 26, 2009
Sensex can touch 19,500 level this year
(26/5/09 SENSEX futures) - Driven by the election outcome, the benchmark index Sensex could catapult to 19,500 level this year, provided the government pushes through the reform agenda, analysts said.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
Market experts believe that the reforms expected to be carried out by the new government may keep the market sentiment upbeat and propel the index to regain the levels, it had seen in 2007, in the months ahead.
"Our upside target for the Sensex is 19,500 this year which the index may climb if the government surprises us with a phenomenal budget," Morgan Stanley Managing Director Ridham Desai said in an investor summit arranged by a television channel here.
However, more probability for the index is to remain in mid-15,000 levels or about 10 per cent higher than current levels, he said.
The financial sector reforms which are there before the government include raising FDI cap from present level of 26 per cent from 49 per cent through amendment in Insurance Act, pension reform and banking sector reforms.