BSE updates - Change in listing norms by SEBI

(Under BSE updates) - The Securities Exchange Board of India popularly known as SEBI, which controls and governs the working of Indian share markets by making amendements in the trading and listing rules in all the stock markets of india whether regional or Bombay Stock Exchange(BSE), National Stock Exchange (NIFTY) has come up with another amendement in the listing norms of the companies on indian share markets.

The change in listing norms would protect the minority share holders in any listed company on all the authorised stock markets across india. SEBI's step will prevent situations wherein companies come out with follow-on issues, rights issues or preferential allotments with higher voting rights per share, helping promoters get greater control in the company. According to Sebi amendements in norms, firms can come up with fresh issues that offer inferior voting rights or dividend, thereby helping raise equity without resorting to debt and giving up control.

However it's still not clear how the indian share markets would react to this change in coming trading days

BSE SENSEX ends almost flat after lackluster trading day

BSE's SENSEX today closed almost flat ahead of F & O series expiry in coming july, Most of the BSE's and 30 share index SENSEX saw decline in banking stock prices as Reserve bank said that there is still room for more rate cuts, During today's trading day BSE's SENSEX reached a day's high of 14463.46 where as SENSEX touched a low of 15240.53. However auto index of BSE saw a upward swing after reacting to RBI'S news of lowering of the interest rates.

Other BSE Indexes remained as following :

The BSE Midcap Index ended 1.13 per cent and BSE Smallcap Index 1.68 per cent higher.

BSE Realty Index surged 4.64 per cent after the government lowered interest rates on loans for affordable housing.

BSE Auto Index, up 1.92 per cent, was the second in lead boosted by significant gains in Tata Motors after the auto major delivered better-than-expected earnings in the April-June quarter.


NSE Nifty closed at 4564.10, lower by 8.2 points. The 50-share index traded in a range of 4599.90 and 4529.15 during the day.

NIFTY closes up^44.80 pts | SENSEX up^147.92 due to promising global environment

Looks like the recession period is finally over and Asian markets are in green at closing today, moreover Canadian government has given hint that global economic recession has finally ended. Closing of BSE's SENSEX NIFTY is as follows :

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Nifty closed at 4569.40, up 45.95 points or 1.02 per cent. The index touched an intra-day high of 4578.75 and low of 4504.85.

Sensex closed at 15382.35, up 151.31 points which is nearly rise of 1 percent. The 30 share Index touched an intra-day high of 15418.61 and low of 15168.52.

BSE Midcap Index gained 1.66 per cent and BSE Smallcap Index moved 1.80 per cent up. BSE Auto Index was up 5.04 per cent, BSE Realty Index gained 4.23 per cent and BSE Metal Index climbed up 2.25 per cent. BSE Bankex declined 0.84 per cent.

SENSEX rises 400 pts | NIFTY up 122 pts as recession ease

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Bombay Stock Exchange's SENSEX index gained over 400 pts today as investors become bullish about recovering economic recession, NSE's NIFTY also closed up 122 pts as similar bullish sentiments were prevelant through out the trading sessions through out the day, Detailed and sector wise performace of the day of both SENSEX ans NIFTY is as follows :

Nifty ended at 4521.55, up 122.65 points or 2.79 per cent. The broader index touched a high of 4532.40 and low of 4405.95.

Sensex closed at 15237.94, up 394.82 points or 2.66 per cent. The index touched an intra-day high of 15264.84 and low of 14997.75.

BSE Midcap Index gained 2.38 per cent and BSE Smallcap Index moved 2.95 per cent higher.

Sectoral performance of BSE was as follow:

BSE Realty Index jumped 5.61 per cent higher, BSE Metal Index gained 4.34 per cent and BSE FMCG Index moved up 4.09 per cent.

Biggest gainers that propelled the 30-share Sensex were DLF (7.76%), Reliance Infrastructure (6.76%), Maruti Suzuki (6.63%), Hindalco Industries (6.2%) and ACC (5.96%).

BSE | NIFTY down due to profit making

Major Indian Stock Markets including BSE , NSE closed in red as speculator's were more actively selling then investor's and SENSEX, NIFTY closed in red by over over 215 pts and 70 pts resp, hence speculator's booked profits.

Bombay Stock Exchange’s Sensex ended at 14,843.12, down 219.37 points. The broader index hit a high of 15369.42 and low of 14786.58 . BSE had 1374 declines against 1231 advances on BSE.

National Stock Exchange’s Nifty closed at 4398.90, down 70.2 points. The index touched an intra-day low of 4380.45 and high of 4557.95.

The BSE Midcap Index was down 0.97 per cent and BSE Smallcap Index inched 0.35 per cent lower.

Amongst the sectoral indices, BSE Capital Goods Index declined 1.87 per cent, BSE IT Index was down 1.6 per cent and BSE Auto Index fell 1.61 per cent.

SENSEX closes down 128 pts | Nifty down 33 pts

(21/7/09) - Yesterday's rally in BSE's SENSEX and NSE's NIFTY was mere traders and brokers work who booked heavy profits by selling today as the indian stock indices remained in red throughout the day, The details about the BSE closing | Nifty closing is as shown below :

Bombay Stock Exchange’s Sensex closed at 15040.63, down 150.38 points or 0.99 per cent. The index touched an intra-day low of 14955.88 and high of 15234.21.

National Stock Exchange’s Nifty ended at 4461.80 down 40.45 points or 0.90 per cent. The broader index hit a low 4436.60 and high of 4524.

BSE IT Index was down 1.93 per cent, BSE Power Index slipped 1.86 per cent and BSE PSU Index declined 1.54 per cent.

BSE Metal Index was up 0.79 per cent and BSE Auto Index gained 0.04 per cent.