BSE's SENSEX | NSE's NIFTY closes just marginal up 16/07/09

Bombay Stock Exchange’s Sensex ended at 14259.78, up 6.54 points. The index touched an intra-day high of 14493.10 and low of 14169.58. BSE Auto Index was up 2.10 per cent, BSE Oil&gas Index gained 1.82 per cent and BSE Healthcare Index moved 0.81 per cent higher. BSE Capital Goods Index was down 1.65 per cent.

National Stock Exchange’s NSE's Nifty closed at 4253.50, up 0.2 points. The index touched an intra-day high 4305 and low of 4205.50.

BSE Midcap Index was up 0.34 per cent and BSE Smallcap Index moved 0.43 per cent higher.

SENSEX > NIFTY closes 2.88 percent up as reality and metal stocks rise

Bombay Stock Exchange’s Sensex closed at 14,253.24, up 399.54 points or 2.88 per cent. The 30-share index hit a high of 14299.54 and low of 13891.04.

National Stock Exchange’s Nifty ended at 4233.50, up 122.1 points or 2.97 per cent. The index touched an intra-day high of 4249.55 and low of 4118.75.

The BSE Midcap Index closed 4.15 per cent and BSE Smallcap Index moved 4.56 per cent higher. Amongst BSE Realty Index gained 7.98 per cent, BSE Metal Index moved 5.67 per cent higher and BSE Power Index advanced 4.77 per cent.

BSE News and Updates - election for filling of trading member director

(source - bseindia.com) - The Trading Members of Bombay Stock Exchange Limited (the Exchange) are hereby informed that a vacancy shall arise at the ensuing Fourth Annual General Meeting of the Exchange to be held on Friday the 7th August, 2009 due to completion of two consecutive terms pursuant to Article 13.18A of the Articles of Association by one of the Trading Member holding office as a Director in the Trading Member Director category at the said meeting.

The Board of Directors of the Exchange has decided to fill in the said vacancy in the Trading Member Director category under the provisions of Rules, Bye-laws and Regulations and Articles of Association of the Exchange.

Accordingly, nominations are invited from the eligible Trading Members of the Exchange pursuant to Article 13.16.2 of the Articles of Association to fill in ONE vacancy in the Trading Member Director category, at the Fourth Annual General Meeting of the Exchange.

Sr.No.	Nature of activity	Date
1	Issue of nomination forms.	24.06.2009
2	Last date for submission of duly filled in nomination forms.	23.07.2009
3	Last date for withdrawal of nomination forms.	28.07.2009
4	Election of Trading Member Director by Shareholders.	At the Fourth Annual General Meeting to be held on Friday the 7th August, 2009.

Trading Members are advised to note the following terms and conditions of election:

The manner of election, appointment, tenure, resignation, vacation etc. of trading member directors shall be governed by Companies Act, 1956 save as otherwise specifically provided under or in accordance with the Securities Contracts (Regulation) Act, 1956, The BSE (Corporatisation and Demutualisation) Scheme, 2005 and the Circulars issued by SEBI from time to time specifying the Governance of the Exchange.
The conditions of eligibility and the method of appointment of Trading Member Directors shall be governed by the Articles of Association, Rules, Bye-laws and Regulations and SEBI’s letter dated 31st August, 2005 prescribing the manner of appointment of Directors and other incidental and consequential matters related to the governance of the Exchange.
Since the election if required by ballot, shall be conducted under the provisions of the Companies Act, 1956, Rules 96 to 112 given under the Chapter “Election of the Governing Board and Office Bearers” framed prior to Corporatisation of the Exchange to suit its requirement as an “Association of Persons” as per its constitution and objects, shall apply only to the extent it is not contrary to the provisions of the Companies Act, 1956, Articles of Association of the Exchange and SEBI directives on the governance of the Exchange issued from time to time.

SENSEX closes just above 13500 pts due to FII's

SENSEX shed 253 pts in the last hour of today session to close near crucial support levels. Foreign institutional investors (FII's) who turned sellers post budget pressed sales taking retailers by surprise.

Market opened firm after IT major Infosys Technologies announced better than expected results for quarter ended June. However, factors like weak global markets and expectations of average earnings report pinned down the market. Pessimism was so high that at one point market even discounted positively surprising Index of Industrial Production data.

Bombay Stock Exchange’s (BSE) Sensex ended at 13504.22, down 253.24 points. The index touched an intra-day low of 13418.39 and high of 13897.19.

National Stock Exchange’s Nifty closed at 4003.90, down 77.05 points or 1.89 per cent. The index touched an intra-day low of 3976.80 and high of 4129.95.

Market breadth on BSE showed 1785 declines against 772 advances. The BSE Midcap Index was down 1.92 per cent and BSE Smallcap Index declined 1.79 per cent.

Amongst the sectoral indices, BSE Oil&gas Index fell 3.28 per cent, BSE Power Index declined 2.54 per cent and BSE Capital Goods Index was down 2.28 per cent. The BSE IT Index moved 2.17 per cent higher.

SENSEX | Nifty closes flat - 9/7/09

Benchmark index closed almost flat after heavy selling for 2 days post budget session presented by Pranab Mukherjee(see budget highlights) , And mood on dalal street is completely bearish and future looks no bright as there are bears all around.

National Stock Exchange’s Nifty closed at 4080.95 up 2.05 points. The broader index hit a low of 4039.85 and high of 4114.90.

Bombay Stock Exchange’s (SENSEX) closed at 13,757.46, down 11.69 points or The index touched an intra-day low of 13643.97 and high of 13,879.18.

Market breadth comprised 1462 declines against 1078 advances on the BSE. The BSE Midcap Index was up 0.58 per cent and BSE Smallcap Index slipped 0.14 per cent.

In the Union Budget for this fiscal, tax benefits for Software Technology Parks of India (STPI) have been extended by one year. This is likely to have a positive impact on the front-line IT companies as their FY2011 earnings estimates would get upgraded by 3-5% while that of the mid-cap IT companies would see a higher upward revision,” said Sharekhan report. and Infosys results may trigger bulls and market may rise after the results of Infy are declared.

BSE's SENSEX closes below 14000 mark - 8/7/09

Bomabay Stock Exchange's(BSE) benchmark index SENSEX closed under 14000 mark as global environment is discouraging as US stocks shed more then 3 percent yesterday and major economies under great pressure, second largest economy of Japan is also facing tough conditions.

Most of FII sell their shares and BSE fell by over 400 pts today whereas NSE's Nifty fell 123 pts today as all the sub indexes were seen in red.

The details of BSE closing is as follows :

National Stock Exchange’s Nifty ended at 4078.90, down 123.25 points or 2.93 per cent. The broader index touched an intra-day low of 4061.10 and high of 4201.85.

Bombay Stock Exchange’s Sensex closed at 13,769.15, down 401.30 points or 2.83 per cent. The 30-share index hit a low of 13701.76 and high of 14039.58 in day’s trade.

The BSE Midcap Index was down 3.66 per cent and BSE Smallcap Index fell 3.73 per cent.

Major companies which were worst hit included Tata Steel, Sterlite Industries, DLF, Reliance Infrastructure and Larsen & Toubro were the worst hit.

Few of Nifty gainers were ACC, Maruti Suzuki, Hero Honda, Grasim Industries, and NTPC.

Fall in US markets on poor economic data and 3 per cent decline in Japanese machinery orders in May led to the onset of the fall back home. Below average rainfall in most parts of India also hurt sentiments.