BSE's SENSEX | NIFTY closes at 52 week high

(posted under - SENSEX closing rates ) - NSE's NIFTY closed at 52 week high and all the major indian markets closed in green as european markets provided some support.

Bombay Stock Exchange’s Sensex settled at 15922.34, higher by 141.27 points or 0.90 per cent from Thursday’s close. The index touched an intra-day high of 15957.67 and low of 15663.35.

BSE Midcap Index advanced 0.71 per cent and BSE Smallcap Index moved up 0.79 per cent. BSE Realty Index was up 3.79 per cent, BSE Auto Index gained 1.24 per cent and BSE Capital Goods Index gained 1.15 per cent. BSE FMCG Index was down 0.42 per cent.

National Stock Exchange’s Nifty ended the day at 4732.35, up 44.15 points or 0.94 per cent. The index hit 52-week high of 4743.75 and low of 4651.40.

SENSEX | NIFTY at closing - 27/8/09 - closes little up

(posted under - BSE stock closing) - Bombay Stock Exchange’s Sensex ended at 15781.07, up 11.22 points or 0.07 per cent. The 30-share index hit a high of 15853.71 and low of 15685.49 during the day.

National Stock Exchange’s Nifty ended at 4688.20, up 7.35 points or 0.16 per cent. The index touched an intra-day high of 4707.90 and low of 4645.15.

Sectoral Indices at closing-

BSE Capital Goods Index was up 1.16 per cent, BSE Healthcare Index gained 1.13 per cent and BSE IT Index moved up 0.32 per cent. BSE Metal Index was down 0.88 per cent and BSE Bankex slipped 0.57 per cent. BSE Midcap Index was up 0.38 per cent and BSE Smallcap Index gained 0.42 per cent.

Delhi Stock Exchange to tie up with 6 regional stock exchanges

The Delhi Stock Exchange (DSE) is likely to tie-up with six regional stock exchanges, including Indore, Ludhiana, Jaipur, Ahmedabad, Kanpur and Bangalore within a month, DSE officials said.

DSE, which is gearing up to resume its operations this diwali after a gap of about seven years, is in talks with various closed regional stock exchanges across the country to provide them its trading platform.

Though there is no official confirmation on the names of the regional bourses, sources at DSE say talks with stock exchanges in Indore, Ludhiana, Jaipur, Ahmedabad, Kanpur and Bangalore are in the final stages.

"We plan to tie-up with regional stock exchanges. Talks are going on with five-six exchanges in north and south India. In the next one month, we will announce our agreements with them," DSE CEO H S Sidhu told PTI.

Sidhu said the regional bourses would become DSE members and DSE would provide them a trading platform.

DSE has also begun a campaign to rope in brokers with a membership fee of Rs 5 lakh, he said, adding it has already received 80 applications in the category. The exchange plans to add 100 new members in the current fiscal.

source - economictimes

SENSEX Closing | NIFTY Closing - August 26/09

(posted under - BSE live rates | BSE closing) - All the major Indian Share Markets closed in green hence ending a choppy session on a positive note, It was a mixed day today for benchmark index SENSEX and Nifty.

The detailed closing rates along with sectoral updates is as following :

Bombay Stock Exchange’s Sensex closed at 15769.85, up 81.38 points or 0.52 per cent. The index touched an intra-day high of 15831.49 and low of 15695.94. BSE Midcap Index was up 1.10 per cent and BSE Smallcap Index gained 1.97 per cent. BSE IT Index moved up 3.35 per cent, BSE Realty Index gained 1.23 per cent and BSE Healthcare Index gained 0.80 per cent.

Whereas National Stock Exchange’s Nifty ended at 4680.85, up 21.50 points or 0.46 per cent. The broader index touched a high of 4697.80 and low of 4659.10.

SENSEX | NIFTY closes marginal up as FII's book profit

(posted under - BSE rates Nifty rates) - National Stock Exchange’s Nifty closed at 4659.35 up 16.55 points or 0.36 per cent. The index hit a high of 4672.90 and low of 4582.50. Nifty is headed towards its resistance level of 4747. A breach above this level will push the index to 4900 and 5200 in the near term. and would get resistance at 4200 - 4400 levels.

Bombay Stock Exchange’s Sensex ended at 15,688.47, up 59.72 points or 0.38 per cent. The index touched an intra-day high of 15735.32 and low of 15423.39. BSE Midcap Index was up 0.58 per cent and BSE Smallcap Index moved 1.5 per cent higher. BSE IT Index was up 1.92 per cent, BSE Oil&gas Index moved 1.13 per cent higher and BSE Healthcare Index moved up 1.08 per cent. BSE Bankex was down 0.88 per cent.

Bombay Stock Exchange launches BSE IPO index

BSE announces the launch of a new BSE IPO index that will track the value of companies for two years after listing subsequent to successful completion of their initial public offering (IPO).

Robust growth of the Indian economy at 6.7% in 2008-09, and the expectation of higher growth in the future are expected to boost the primary market. For this and other reasons, it is an appropriate time to introduce to the market an indicator that will track primary market conditions in the Indian capital market.

BSE continues to introduce index innovations with the launch of the IPO index, by introducing ceiling (capping) on weightings of index constituents. Market capitalisation weightings of index constituents will be limited to 20%. If a constituent’s market capitalization would result in a higher weighting, the company’s weight will be suitably adjusted to ensure that no single company has a weight in excess of 20% in the index. However, between any rebalancing, weightage of any index constituent can exceed 20%.

Summary of guidelines followed for BSE IPO index are as follows:

1. A company seeking listing on the Exchange after completion of IPO shall be considered eligible for inclusion in the index. Follow-on public issues shall not be considered for inclusion in the index.
2. A scrip must have the minimum free-float market capitalisation of Rs. 100 crores on its first day of listing
3. A scrip will be included in the index on the third day of its listing (T+2) subject to fulfillment of the minimum free-float market capitalisation criteria stated above.
4. A scrip will be excluded from the index on the second Monday of the month after completion of two years of listing.
5. At all time a minimum of 10 scrips shall be maintained in the index. In case, there are less than 10 companies on account of possible exclusion after two years, the exclusion of such company shall be delayed till such time new inclusion is made in the index.
6. The maximum weight of any scrip shall be capped at 20%. The constituent weightage shall be reviewed at the time of inclusion/ exclusion of a scrip and on monthly rebalancing. However, between any rebalancing, weightage of any index constituent can exceed 20%
7. Base date of the index is May 3, 2004; while base index value is set to 1000 points. Index value on August 21, 2009 is 1901.67.
8. The index would be calculated and disseminated on a real-time basis through BOLT effective August 24, 2009 and shall also be available on our website.
9. The list of index constituent is attached as a separate annexure.

source - bseindia