SENSEX | NIFTY closes in red due to monsoon data

(posted under - BSE rates, NIFTY rates) - Finally monsoon worries had started taking on BSE's SENSEX and, NSE's NIFTY as both were colored in deep red today through out the trading sessions, Meanwhile Government of Bihar has declared drought in 26 districts officially so whether gods are playing havoc with the markets.


Bombay Stock Exchange’s Sensex closed at 15,009.77, down 150.47 points or 0.99 per cent. The 30-share index hit a low of 14957.93 and high of 15417.34 in today’s trade.

National Stock Exchange’s Nifty ended at 4437.65, down 43.75 points or 0.98 per cent. The index touched a high of 4562.50 and low of 4399.85.

BSE Midcap Index was down 1.71 per cent and BSE Smallcap Index slipped 1.95 per cent.

The worst hit were auto and FMCG stocks on concerns that poor rainfall would hit agriculture and impact GDP growth. India’s cumulative rainfall is deficient by 25% and 141 of India’s 593 districts have been declared as drought-affected.

Amongst the sectoral indices, BSE Auto Index was down 4.52 per cent, BSE FMCG Index slipped 2.96 per cent and BSE Realty Index declined 1.66 per cent. BSE IT Index was up 2.64 per cent.

NIFTY | SENSEX | BSE closes in red due to bad monsoon

Speculators again sold shares to book profits as all major indian share markets closed terribly down, BSE's SENSEX, NSE's NIFTY closed in red today the detailed BSE closing is as follows :

Bombay Stock Exchange’s Sensex closed at 15160.24, down 353.79 points or 2.28 per cent. The index touched an intra-day low of 15104 and high of 15501.94.

National Stock Exchange’s Nifty ended at 4481.40, down 104.10 points or 2.27 per cent. The broader index hit a low of 4463.95 and high of 4591.90.

The BSE Midcap Index was down 2.27 per cent and BSE Smallcap Index declined 1.92 per cent.

Amongst the sectoral indices, BSE Auto Index fell 3.87 per cent, BSE Realty Index slipped 3.29 per cent and BSE Bankex declined 2.96 per cent.

Market breadth was negative on the BSE with 1,922 declines and 748 advances.

BSE updates - BSE acquires 15 percent in USE

(under BSE Updates - 7-8-09) - Bombay Stock Exchange said on Friday it will acquire a 15 percent stake in United Stock Exchange (USE), which focuses on currency and interest rate derivatives.

USE plans to launch interest rate futures upon receiving regulatory approval, BSE said in a statement. "New products are expected to be launched in the coming years to help market participants manage their interest rate risks," the statement said.

"USE will provide an advanced trading platform for these products and will be an important driver of innovation in terms of product and market development," it added. State-run Punjab National Bank , Bank of Baroda and Union Bank of India are among the stakeholders in United Stock Exchange, which was set up with paid-up capital of 1.5 billion rupees.

SENSEX in red as Speculators book profits by selling auto stocks

Benchmark SENSEX closed 2.45 percent down as investors sold auto stock which rose 19 percent in past 31/2 weeks. Nifty also closed in red and was down 2.3 percent at closing today.


The 30-share BSE index provisionally ended down 389.69 points at 15,514.14, with 29 stocks declining.

The 50-share NSE index provisionally closed down 2.3 percent at 4,585.75.

The broader market ended on a weak note as well. The BSE Midcap Index was down 2.37 per cent while BSE Smallcap Index climbed 1.24 per cent.

Market breadth on BSE worsened with 1603 declines outnumbering 1088 advances.

The BSE Sensex provisionally fell 2.45 percent on Thursday, as investors took profits on a near 19 percent jump over the past 3-½ weeks.

BSE SENSEX | NIFTY closes in red - 4/8/2009

Indian Share Markets (both NIFTY and BSE) is not a market for investors rather it is market of speculator's was again proven correct today when all the major indian stock markets closed in red. The details for BSE rates at closing is given below :

BSE had 1,476 advances and 1,246 declines today.

Bombay Stock Exchange’s Sensex ended at 15,830.98, down 93.25 points or 0.59 per cent. The index touched an intra-day low of 15699.13 and high of 16002.46.

National Stock Exchange’s Nifty closed at 4680.50, down 30.90 points or 0.66 per cent. The broader index hit a low of 4642.60 and high of 4731.45 intraday.

Sectoral performance - BSE Healthcare Index declined 1.35 per cent, BSE Power Index was down 1.28 per cent and BSE Realty Index slipped 1.20 per cent. BSE Auto Index was up 0.51 per cent and BSE FMCG Index gained 0.36 per cent. The BSE Midcap Index was down 0.24 per cent and BSE Smallcap Index was up 0.32 per cent.

NHPC IPO on August 7/2009

(under NHPC IPO updates) - National Hydroelectric Power Corporation (NHPC) will raise Rs 6,000 crore from the Initial Public Offer (IPO), which will hit the market on August 7.

NHPC has fixed the price band between Rs 30-36 per equity share. On the ongoing projects, Sharma said that 11 projects of 4,622 MW capacity are currently under construction at various stages.

"The company is awaiting government's nod for five more projects with a capacity of 4,565 MW and certain joint venture projects having capacity of 2,166 MW," he said.

"Our current installed capacity is 5,175 MW and by 2013 end, our total installed capacity will be 10,000 MW," Sharma said, adding, most of the under construction projects are going to be commissioned on schedule.