Indian Stock markets ends in green after 6 days of losses

Major Indian Stock markets including (BSE's SENSEX, NSE's NIFTY 50) closed in green as almost all the sectoral indices were in green throughout the trading day.

Related post -
November 2009 closing rates

NSE's Nifty closed at 4710.80, up 146.90 points or 3.22 per cent. The index touched a high of 4717.80 and low of 4565 during trade.

Sensex also closed up at 15,912.13, 507.19 points or 3.29 per cent. The broader index hit a high of 15929.09 and low of 15487.97 intraday.

SECTORAL INDICES PERFORMANCE:

BSE Midcap Index was up 3.54 per cent and BSE Smallcap Index moved 2.18 per cent higher. BSE Realty Index surged 9.65 per cent, BSE Metal Index rallied 5.36 per cent and BSE IT Index moved 3.99 per cent higher.

Market breadth was positive on the BSE with 1,774 advances and 946 declines.

SENSEX crashes | Down by 500 pts | Nifty follows

(posted under - BSE live, SENSEX rates) - Indian stock indices were under severe selling pressures as realty stocks took the beating , the 30 share benchmark index BSE'S SENSEX closed a whopping 500 points down today.

The closing prices of Indian Stock markets and sub indices for 3rd november 2009 is as follows:

SENSEX Closing stock price	15404.94	-491.34
NIFTY closing price	4563.90	-147.90
BSE Midcap	Down 3 percent
BSE Realty	Down 9.76 percent
BSE Metals	Down 5.95 percent
BSE Oil & Gas	Down 4.10 percent

BSE SENSEX closing rates | NSE NIFTY closing rates - November 2009

Hi all the esteemed visitor's to my blog, this post would show the closing stock rates of Indian Stock markets like the Bombay Stock Exchange(BSE) NIFTY(national Stock exchange, Daily Stock market closing rates are very important for analysis of the market and for investing in stocks. You can also compare the indian markets closing rates with major global markets especially Dow Jones Industrial Average, NASDAQ by click here and you may get some cue for the trends (however this may not be correct ever time you think for investing in BSE's SENSEX or NSE's NIFTY.

This post provides closing indices rates for the month of November 2009

the format for display would be as follows :

Stock index name Closing rate change Remarks wrto previous close

19/11/2009 SENSEX | NIFTY closing prices

BSE SENSEX	16785.65	Down(-213.13 pts)
NSE NIFTY	4989.00	Down(-65.70 pts)

12/11/2009 SENSEX | NIFTY closing prices

BSE SENSEX	16696.03	Down(-153.57 pts)
NSE NIFTY	4952.65	Down(-51.30 pts)

11/11/2009 SENSEX | NIFTY closing rates

BSE SENSEX	16849.60	Up^408.93
NSE NIFTY	5003.95	Up^122.25

10/11/2009 SENSEX | NIFTY closing prices

BSE SENSEX	16440.56	Down(-58.16 pts)
NSE NIFTY	4881.70	Down(-16.70 pts)

4/11/2009 SENSEX | NIFTY closing rates

BSE SENSEX	15912.13	Up^507.19
NSE NIFTY	4710.80	Up^146.90

3/11/09 SENSEX | NIFTY closing rates

BSE SENSEX	15404.94	Down(-491.34)
NSE NIFTY	4563.90	Down(-147.80)

2/11/09 BSE SENSEX NSE NIFTY closing rate: markets closed on occasion of Guru nanak jayanti

Rising stock markets - Rising interest rates where would investor go

When a company raises its dividend, its stock becomes more attractive to investors. Its share price rises. When a bank raises interest rates on its savings accounts, people deposit more money in the bank. It's the same way in the currency markets. Rising interest rates make a currency more attractive and it rises against other currencies with stable interest rates. Central banks around the world have been cutting rates for two years, and interest rates are as low now as they've ever been.

The governor of Australia's central bank hinted there would be more interest rate rises on the way. This could be the start of a new trend of rising interest rates around the world. If this is the start of a new trend of rising world interest rates, you can expect big new trends in the currency exchange markets, too. That's because interest rates are the single most important driver of exchange rates in the currency markets.

So how do we make money from a new global trend of rising interest rates?

While other central banks are considering raising rates, the Fed has so far refused to join the party. The dollar is the worst-performing major currency in the world this year as a result.

The recent unemployment report showed that somewhere close to 6 million jobs have vanished from the American economy in the last 18 months. The employment situation hasn't been this bad. With the ongoing unemployment, rate hikes in America are unlikely until next year.

First, this gives us a great opportunity to buy the dollar right now, while it's cheap and no one is anticipating rate hikes from the Fed. By the time Bernanke announces his first rate hike next year, the dollar will have already rallied 10% or more.
Second, a trend of rising interest rates on currencies is great for people looking to buy gold at lower prices. Gold has no interest rate. So when interest rates rise on world currencies, they become more attractive – and they rise – relative to gold. This is especially true with the dollar. It's the world's reserve currency and gold is incredibly sensitive to movements in its interest and exchange rates.

As long as unemployment keeps rising, there's no way the Fed raises interest rates and gold prices will stay high. But next year is a different story. The first hint of rate increases by the Fed will send shockwaves into the gold market.

RBI's credit policy review brings bears on Dalal Street

(posted under - BSE live, Nifty closing 27/10) - Indian Stock markets and major indices like SENSEX and NSE's NIFTY closed in deep red after news from RBI came. The notable thing about today's close is that all the sectors were down at closing today. The Reserve Bank of India increased provisioning for commercial real estate loans to 1 percent from 0.4 percent for standard assets.
Market breadth was negative with 2274 declines and mere 453 advances.

NSE's Nifty closed at 4841.40, down 129.50 points or 2.61 per cent. The NIFTY index touched a low of 4829.50 and high of 4970.55 during intraday trading.

The 30 share benchmark index Sensex closed at 16330.60 and was down by 409.90 points which is a whopping 2.45 percent down. The BSE's SENSEX touched a low of 16311.50 and high of 16699.09 during intraday trading.

The closing of Sectoral indices is as follows :

BSE Realty Index closed down 6.11 percent.
BSE Metal Index fell 5.76 percent.
BSE Bankex Index was down by 3.97 percent.

INDIAN STOCK MARKETS CLOSES IN RED - 26/10

Major indian stock indices like BSE's SENSEX and NSE's NIFTY closed in red as banking stocks and Realty stocks were sold by investors. Market breadth on BSE was negative with 1707 declines against 1015 advances.

The 50 share Nifty closed at 4964.55, down 32.50 points or 0.65 per cent. It touched a high of 5033.75 and low of 4961.35.

30 share benchmark index Sensex ended at 16711.97, down 98.84 points or 0.59 per cent. The index touched a low of 16706.08 and high of 16938.88.

BSE Midcap Index was down 1.79 percent.
BSE Smallcap Index declined 1.33 percent.
BSE Realty Index was down 4.44 percent.
BSE Bankex fell 1.64 percent.
BSE Oil&gas Index was also down 1.48 percent.

However the following indices closed in green today:

BSE Healthcare Index was up 0.94 percent.
BSE FMCG Index was also up by 0.87 percent.
BSE IT Index was up 0.46 percent.