Time for Consolidation of Indian IT Sector

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Indian IT industry has withstood the 2008 recession well, All thanks to the cash pile and the margins and the meager pay salaries over the last two years, The reason for coming out even strongly is the cost cutting measures ranging from sending fewer people on-site, some price negotiations, giving no salary hike for two consuctive years to employees(on name of recession), firing people secretly(so that stock does not plummets) etc, ...read full

BSE live - SENSEX down as Realty, banks loose

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Looks like global uncertainties are prevailing everywhere and in Indian Stock markets too, The 30 share benchmark index BSE's SENSEX, NSE's Nifty and other stock exchanges are today down due to uncertainty present.

Todays decline in stock markets was led by realty, metals and banks. All of the stocks of these sectors are down.
You can check the live sectoral performance in this table below:

Related posts -
Daily Stock Recommendations
Stock Investing tips
World Stock Indices today

Index Name	Last Trade	Change
BSE 30	18,373.82	35.53(0.19%)
AUTO INDEX	8,913.09	2.25 (0.03%)
BANKEX	12,538.14	59.80(0.47%)
BSE - 100	9,848.43	25.63(0.26%)
BSE - 200	2,359.07	7.03 (0.30%)
BSE - 500	7,479.05	18.07(0.24%)
BSE - CAPITAL GOODS	14,921.80	42.86(0.29%)
BSE - CONS. DURABLES	5,919.75	20.83(0.35%)
BSE - FMCG	3,348.16	8.26(0.25%)
BSE - HEALTHCARE	5,622.24	25.00(0.44%)
BSE - INFOTECH	5,536.96	10.68(0.19%)
BSE Mid-Cap	7,874.03	13.00(0.16%)
BSE PUBLIC SECTOR	9,797.97	16.24(0.17%)
BSE Small-Cap	9,966.11	2.08(0.02%)
BSE TECK INDEX	3,461.71	5.82(0.17%)
METAL INDEX	15,361.73	120.39 (0.78%)
OIL & GAS INDEX	10,226.51	3.80 (0.04%)

You can see that most of the sectoral indices are also trading in red currently.

The benchmark index SENSEX has hit a low of 18377.93 and high of 18451.73 in trade so far. whereas NSE's NIFTY touched low of 5524.15 and high of 5547.25 .

keep logged in for latest Indian stock markets updates.

Stock recommendations for August 24

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1. EIH ltd(short term) Present in Hotels business - sell 160 present 140.
2. Century texttiles Ltd - Textiles - sell - 550
3. Shree renuka Sugars - Sugars - sell>80, present ~70
4. BalramPur chini - Sugars - sell - 100, present 88
5. Lupin Ltd(short term) Deals in Pharma - sell >2000 present - 1875

BSE | NSE Sectoral indices performance analysis for today

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The Bombay stock exchange closed down today and market breadth was negative, uncertainity about global economy and financial situation further added in weakening investor confidence, Profit booking after two days of rally also resulted in selling of the stocks at Dalaal street today. The performance of Bombay Stock Exchange sectoral indices for today is as follows:

Index Name	Last Trade	Change
BSE 30	18,401.82	53.12(0.29%)
AUTO INDEX	8,874.83	17.61 (0.20%)
BANKEX	12,527.49	99.76(0.79%)
BSE - 100	9,850.83	6.28(0.06%)
BSE - 200	2,357.91	2.54 (0.11%)
BSE - 500	7,469.14	4.58(0.06%)
BSE - CAPITAL GOODS	14,887.65	200.97(1.37%)
BSE - CONS. DURABLES	5,691.76	36.69(0.64%)
BSE - FMCG	3,375.01	34.87(1.02%)
BSE - HEALTHCARE	5,610.65	41.76(0.75%)
BSE - INFOTECH	5,517.00	52.20(0.94%)
BSE Mid-Cap	7,821.20	9.70(0.12%)
BSE PUBLIC SECTOR	9,707.19	22.33(0.23%)
BSE Small-Cap	9,875.76	11.86(0.12%)
BSE TECK INDEX	3,430.30	28.22(0.82%)
METAL INDEX	15,426.31	14.66 (0.09%)
OIL & GAS INDEX	10,208.56	82.96 (0.82%)

Related Posts for today:
Stock Investing tips
RIL Updates for today
SENSEX Components today
Indian Stock Markets summary today

The National Stock Exchange also followed its Asian peers(read more..) today thus remaining in red through out the trading day. The Performance sheet for NSE's sub indices is as follows:

Index Name	Last Trade	Change
S&P CNX NIFTY	5,530.65	9.55 (0.17%)
S&P CNX DEFTY	4,109.50	12.20 (0.30%)
CNX NIFTY Junior	12,105.70	6.60 (0.05%)
S&P CNX 500	4,629.55	2.30(0.05%)
CNX MIDCAP 200	8,930.85	10.85 (0.12%)
BANK NIFTY	11,033.75	76.75 (0.69%)
CNX IT	6,128.60	55.30 (0.89%)

BSE SENSEX companies closing rates today

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The 30 component benchmark index SENSEX closed down by over 50 points today and majority of the components hence also closed down today. Following are the BSE's SENSEX companies closing prices for today.(For Indian Markets updates for today click here), For world markets live updates - (click here)

SENSEX	20 Aug 16:01
Company Name	Industry	LastPrice	Change	% Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	869.05	-11.70	-1.33	16,332.93	0.59
Bharti Airtel	Telecommunications - Service	310.15	-3.65	-1.16	117,780.40	4.24
BHEL	Engineering - Heavy	2,460.00	-17.20	-0.69	120,421.92	4.33
Cipla	Pharmaceuticals	310.40	5.80	1.90	24,922.68	0.90
DLF	Construction & Contracting - Real Estate	332.70	11.40	3.55	56,472.61	2.03
HDFC	Finance - Housing	639.70	-4.40	-0.68	93,286.52	3.36
HDFC Bank	Banks - Private Sector	2,231.00	-0.15	-0.01	102,557.00	3.69
Hero Honda	Auto - 2 & 3 Wheelers	1,916.40	12.20	0.64	38,268.11	1.38
Hindalco	Aluminium	177.95	-1.75	-0.97	34,050.31	1.23
HUL	Personal Care	269.00	-4.75	-1.74	58,704.40	2.11
ICICI Bank	Banks - Private Sector	994.50	-18.05	-1.78	110,932.37	3.99
Infosys	Computers - Software	2,769.20	-34.90	-1.24	158,924.69	5.72
ITC	Cigarettes	162.80	-2.25	-1.36	124,597.40	4.48
Jaiprakash Asso	Construction & Contracting - Civil	123.25	0.55	0.45	26,186.12	0.94
Jindal Steel	Steel - Sponge Iron	688.70	4.25	0.62	64,320.66	2.31
Larsen	Engineering - Heavy	1,869.00	51.00	2.81	112,731.94	4.06
Mah and Mah	Auto - Cars & Jeeps	617.75	1.75	0.28	35,732.79	1.29
Maruti Suzuki	Auto - Cars & Jeeps	1,239.35	-12.20	-0.97	35,806.07	1.29
NTPC	Power - Generation/Distribution	193.25	-0.70	-0.36	159,343.60	5.73
ONGC	Oil Drilling And Exploration	1,258.10	-9.40	-0.74	269,091.55	9.68
Reliance	Refineries	988.15	11.35	1.16	323,247.36	11.63
Reliance Comm	Telecommunications - Service	162.85	-0.80	-0.49	33,612.68	1.21
Reliance Infra	Power - Generation/Distribution	1,069.60	6.40	0.60	26,191.32	0.94
SBI	Banks - Public Sector	2,783.65	-22.05	-0.79	176,729.35	6.36
Sterlite Ind	Metals - Non Ferrous	159.85	-0.75	-0.47	53,735.20	1.93
Tata Motors	Auto - LCVs/HCVs	1,015.00	-25.10	-2.41	57,915.90	2.08
Tata Power	Power - Generation/Distribution	1,289.40	-9.15	-0.70	30,598.40	1.10
Tata Steel	Steel - Large	520.20	-1.85	-0.35	46,163.07	1.66
TCS	Computers - Software	867.10	-4.90	-0.56	169,710.63	6.11
Wipro	Computers - Software	411.65	-7.40	-1.77	100,833.67	3.63

BSE | NSE closes in red as uncertainity continues

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Majority of Indian Stock markets remainedin red today and also closed in red as investors booked profits from the last two days of gains and news from US added to selling rate too.

National Stock Exchange’s Nifty closed at 5540.20, up 61.05 points or 1.11 per cent. The 50-share index hit a high of 5544.70 and low of 5478.10.

Bombay Stock Exchange’s Sensex ended at 18454.94, gaining 197.82 points or
1.08 per cent. The 30-share index touched an intraday high of 18475.27 from the opening level of 18276.50.

The BSE Midcap Index chalked up 0.91 per cent and BSE Smallcap Index moved higher by 0.79 per cent.

BSE Bankex was up 1.92 per cent, BSE FMCG Index gained 1.63 per cent and BSE Metals Index moved 0.97 per cent higher. However, BSE Realty Index was down 0.67 per cent.

Market breadth was positive, with 1,798 gainers against 1,405 losers on NSE.
Visit again for details about today's trading session.