SENSEX closes down due to profit booking | Nifty follows

A very good morning to all the visitor's to my blog and the closing rates from BSE's SENSEX, NIFTY and indian stock markets is that investor's booked profits from the rally from past few days and booked profits. the benchmark index SENSEX closed 166 pts in red at the end of the trading day, NSE's 50 share index NIFTY also closed in red and was down by over 50 pts today.

Detailed closing rates is as follows :

Bombay Stock Exchange’s Sensex closed at 16716.53, down 169.90 points.

National Stock Exchange’s Nifty ended at 4970.50, down 49.70 points or 0.99 per cent. The index hit a low of 4957.05 and high of 5030.75 in today’s trade.

Sectoral closing prices :

BSE Realty Index slipped 2.43 per cent, BSE IT Index declined 1.67 per cent and BSE Capital Goods Index tripped 1.57 per cent. BSE Midcap Index was down 1.29 per cent and BSE Smallcap Index moved 1.44 per cent lower.

BSE SENSEX closes shy of 17k mark | NIFTY in green

(posted under - BSE SENSEX stocks, BSE live, BSE RATES, NIFTY rates)
- Indian Stock market's benchmark index Sensex closed just below the 17000 mark. The 30-share index was up 0.87 percent or 145.13 points to 16,886.43. The index rose to a high of 16,943.49 from a low of 16,763.78.

Related posts -
September 2009 closing rates

National Stock Exchange’s Nifty settled well above the 5000 mark for the first time in 16 months. The index ended at provisional 5020.20, up 0.89 per cent or 44.15 points from its previous close. The index touched a high of 5036.30 after opening at 4977.10.

Talking about sectoral performance :

The BSE IT Index surged 1.91 per cent, followed by BSE FMCG Index up 1.63 per cent and BSE Bankex rising 1.03 per cent. Meanwhile, BSE Oil&Gas Index ended marginally lower. The BSE Midcap was up 0.74 per cent and BSE Smallcap Index climbed 1.05 per cent.

NIFTY Companies list | Composition of NSE's NIFTY

following are the list of 50 companies which are listed on National Stock Exchange's NIFTY index which is one of the important indian share index and includes companies from almost all domains however (companies included in this list will change from time to time)

Related posts-
SENSEX companies list

Company Name	Industry	Scrip Name
ABB Ltd.	ELECTRICAL EQUIPMENT	ABB
ACC Ltd.	CEMENT AND CEMENT PRODUCTS	ACC
Ambuja Cements Ltd.	CEMENT AND CEMENT PRODUCTS	AMBUJACEM
Bharat Heavy Electricals Ltd.	ELECTRICAL EQUIPMENT	BHEL
Bharat Petroleum Corporation Ltd.	REFINERIES	BPCL
Bharti Airtel Ltd.	TELECOMMUNICATION – SERVICES	BHARTIARTL
Cairn India Ltd.	OIL EXPLORATION/PRODUCTION	CAIRN
Cipla Ltd.	PHARMACEUTICALS	CIPLA
DLF Ltd.	CONSTRUCTION	DLF
GAIL (India) Ltd.	GAS	GAIL
Grasim Industries Ltd.	CEMENT AND CEMENT PRODUCTS	GRASIM
HCL Technologies Ltd.	COMPUTERS – SOFTWARE	HCLTECH
HDFC Bank Ltd.	BANKS	HDFCBANK
Hero Honda Motors Ltd.	AUTOMOBILES – 2 AND 3 WHEELERS	HEROHONDA
Hindalco Industries Ltd.	ALUMINIUM	HINDALCO
Hindustan Unilever Ltd.	DIVERSIFIED	HINDUNILVR
Housing Development Finance Corporation Ltd.	FINANCE – HOUSING	HDFC
I T C Ltd.	CIGARETTES	ITC
ICICI Bank Ltd.	BANKS	ICICIBANK
Idea Cellular Ltd.	TELECOMMUNICATION – SERVICES	IDEA
Infosys Technologies Ltd.	COMPUTERS – SOFTWARE	INFOSYSTCH
Larsen & Toubro Ltd.	ENGINEERING	LT
Mahindra & Mahindra Ltd.	AUTOMOBILES – 4 WHEELERS	M&M
Maruti Suzuki India Ltd.	AUTOMOBILES – 4 WHEELERS	MARUTI
NTPC Ltd.	POWER	NTPC
National Aluminium Co. Ltd.	ALUMINIUM	NATIONALUM
Oil & Natural Gas Corporation Ltd.	OIL EXPLORATION/PRODUCTION	ONGC
Power Grid Corporation of India Ltd.	POWER	POWERGRID
Punjab National Bank	BANKS	PNB
Ranbaxy Laboratories Ltd.	PHARMACEUTICALS	RANBAXY
Reliance Communications Ltd.	TELECOMMUNICATION – SERVICES	RCOM
Reliance Industries Ltd.	REFINERIES	RELIANCE
Reliance Infrastructure Ltd.	POWER	RELINFRA
Reliance Petroleum Ltd.	REFINERIES	RPL
Reliance Power Ltd.	POWER	RPOWER
Satyam Computer Services Ltd.	COMPUTERS – SOFTWARE	SATYAMCOMP
Siemens Ltd.	ELECTRICAL EQUIPMENT	SIEMENS
State Bank of India	BANKS	SBIN
Steel Authority of India Ltd.	STEEL AND STEEL PRODUCTS	SAIL
Sterlite Industries (India) Ltd.	METALS	STER
Sun Pharmaceutical Industries Ltd.	PHARMACEUTICALS	SUNPHARMA
Suzlon Energy Ltd.	ELECTRICAL EQUIPMENT	SUZLON
Tata Communications Ltd.	TELECOMMUNICATION – SERVICES	TATACOMM
Tata Consultancy Services Ltd.	COMPUTERS – SOFTWARE	TCS
Tata Motors Ltd.	AUTOMOBILES – 4 WHEELERS	TATAMOTORS
Tata Power Co. Ltd.	POWER	TATAPOWER
Tata Steel Ltd.	STEEL AND STEEL PRODUCTS	TATASTEEL
Unitech Ltd.	CONSTRUCTION	UNITECH
Wipro Ltd.	COMPUTERS – SOFTWARE	WIPRO
Zee Entertainment Enterprises Ltd.	MEDIA & ENTERTAINMENT	ZEEL

The rise and rise of BSE SENSEX | NIFTY and Indian Share Markets

hmm long time since i posted the analysis of indian share markets particularly benchmark indices like 30 share index SENSEX and NSE's NIFTY,

Have anyone noticed the trends of growth of indian share markets especially BSE's SENSEX??

i was noticing the trend this time(when US Stocks are reeling under reign of bears from last one year (oficially..) the reason for growth of BSE SENSEX this time(at the levels of 16700..presently) is cent percent indian ie this time indian stock markets have increased because of pure indian investor's.

ok let me explain this with respect to FDI's last time when indian share markets were hovering at 16000 levels the conversion price of US $ was at 45 IN|R for one US $ (if i am not wrong) and when SENSEX touched the 21000 levels US $ was at 39 INR/$ which clearly depicts that previous year's stock rally was due to increased Foreign direct investments in indian businesses and Stocks how ever this is not the case this time around

I may also strengthen this by comparing the US $ price wrto INR this time, SENSEX has crossed 16700 levels but still US $ is hovering about 48.48INR/$ so indian investors have invested a lot of their hard earned money into indian share markets this time around and that too from long term investment point of view may be investor's are waiting for the time when US institutional investors would come back to indian markets and this would be time when indian investor's would sell off their shares and earned huge profits from it. and if US$ starts weakening then it is clear indicaion about foreign currency flowing into indian markets.

So long term investor's can buy realty stocks, IT stocks or banking stocks and may sell them when FDI starts coming into BSE SENSEX or NIFTY or any other regional stock markets of india. and according to my prediction indian markets will touch new highs when US $ would come again at INR40 levels.

NSE's Nifty crosses 5000 mark in intraday trading

(17/9/09 posted under NIFTY rates, BSE closing) - It was a nice trading day as NSE's Nifty index crossed the 5000 mark but closed at 4965 just 7 points up at the end so the crossing of 5000 mark can be attributed only to speculators who booked minor profits using this spike in NSE's NIFTY.

whereas Bombay Stock Exchange’s Sensex ended at 16,711.11, higher by 34.07 points or 0.2 per cent from the previous close. The index touched a high of 16,820.02 and low of 16,636.55 intraday.

National Stock Exchange’s Nifty closed at 4965.55, up 7.15 points after the index surged to a high of 5003.05 intra-day and later touched a low of 4944.15.

Indian Markets news | SENSEX, NIFTY closes in green

(16/9/09 - SENSEX stocks, NIFTY closing) - Indian Stock markets closed in green today National Stock Exchange’s Nifty ended at 4962.95, up 1.45 per cent or 70.85 points. The index surged to a high of 4966.30 after opening at 4894.65.

The BSE Midcap Index climbed 1.49 per cent and BSE Smallcap Index rose 1.09 per cent.
BSE Metal Index surged 4.3 per cent, followed by BSE Auto up 2.06 per cent, BSE Realty up 1.53 per cent and BSE Bankex up 1.96 per cent.

also read -
SENSEX NIFTY September closing rates

Market breadth on BSE was extremely strong with 1569 advances against 1256 declines.

BSE's SENSEX closed up by 222 pts and was at 16677.04 Bombay Stock Exchange touched highest 16700.56 during intraday trading.