Indian Stock Markets | SENSEX | NIFTY closes in red

All the major Indian stock indices remained in red throughout the trading day and finally closed in red to because of global cues and China, Metals and Auto companies stock were hit the most during intraday trading. Market breadth was negative on the BSE with 743 declines against 559 advances.

The 30 share benchmark index Sensex closed at 17503.33, down by 197.57 points compared to previous close. National Stock Exchange’s Nifty also followed and closed at 5249.20, down by over 63.30 points.

BSE Midcap Index was down 0.44 per cent and BSE Smallcap Index was up 0.10 per cent.

Amongst the sectoral indices, BSE Metal Index was down 1.71 per cent, BSE Realty Index fell 1.40 per cent and BSE Auto Index slipped 1.37 per cent.

Bulls at SENSEX for 6th straight quarter

Indian Stock Markets are on a bullish streak with major indices trading in green now for sixth straight quarter, A feat which is longest in past 20 years of BSE's trading history.For the quarter ended June, the 30-share BSE index outperformed the MSCI's measure of Asian shares other than Japan which shed nearly 9 percent.

Foreign funds have pumped in $6.7 billion in Indian equities so far in 2010, after investing a record $17.5 billion in 2009. The BSE index may rise to 19,000 points by end-2010, the median estimate in a Reuters poll of 20 market participants showed, while 17 forecast it rising to 21,000 by end-June 2011.

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Reserve bank all set to launch House Start Index

(posted under - RBI news, RBI of India)- The Reserve Bank of India (RBI) will soon launch a house start index, which will help gauge activity in the construction sector that employs a significant chunk of the country’s labour force.

The index is expected to give an indication of the level of activity in the construction sector, which in turn will help the central bank gauge the state of the real estate sector. Housing activity is considered as amongst the important lead indicators of economic activity, given its strong and substantial forward and backward linkages with other sectors of the economy.

Wholesale debt Market's turnover touches 568 crores

Top securities (non-repo) that traded at the WDM were the 7.27 per cent government security maturing in 2013, which traded at Rs 125.00 crore at a weighted yield of 6.70 per cent, the 7.80 per cent government security maturing in 2020, which traded at 55.00 crore at a weighted yield of 7.59 per cent and the 8.20 per cent government security maturing in 2022, which traded at Rs 40.00 crore at a weighted yield of 7.98 per cent.

This week, the weighted yields on government securities with a maturing period of 0-3 years, 3-7 years, 7-10 years and more than 10 years were quoted at 5.59 per cent, 7.18 per cent, 7.61 per cent and 7.98 per cent, respectively.

The weighted yields on treasury bills maturing within 90 days were 5.33 per cent, 91-182 days at 5.18 per cent and 183-365 days at 5.30 per cent.

The traded value of government securities, treasury bills and state government securities was Rs 6,435.39 crore and that of non-government securities was Rs 3,595.69 crore, representing 64.15 per cent and 35.85 per cent of the total traded value

Nifty | Sensex closes in green thanks to FII'S

(posted under - BSE closing, NSE rates) - major Indian stock indices including BSE's SENSEX and NSE's NIFTY closed up today near the days high today as optimistic foreign institutions continued to pour funds in frontline stocks despite rocky world markets. FMCG,oil&gas and auto led the rally while IT stocks ended marginally lower.

Bombay Stock Exchange’s Sensex closed at 17700.90, up 166.81 points or 0.95 per cent. The index touched intraday low of 17373.78 and high of 17725.04.

National Stock Exchange’s Nifty ended at 5312.50 up 56.35 points or 1.13 per cent. The broader index hit a low of 5210 and high of 5320.35 in today’s trade.

BSE Midcap Index was up 0.46 per cent and BSE Smallcap Index was up 0.44 per cent.

Amongst the sectoral indices, BSE FMCG Index moved 1.90 per cent higher, BSE Oil&gas Index gained 1.62 per cent up and BSE Auto Index moved 1.07 per cent higher.

IDFC (4.41%), Idea (4.28%), BPCL (4.27%), Kotak Bank (3.70%), and ITC (3.12%) were amongst the top Sensex gainers.