SENSEX | NIFTY down as double dip woes weigh

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Global economic uncertainity took its toll today as benchmark Indian stock indices closed lower today. Both Bombay Stock Exchange's large-cap SENSEX and National Stock Exchange's NIFTY closed in red today.

Bombay Stock Exchange's Sensex closed at 16713.33, down 108.13 points. The large-cap index touched intraday low of 16561.46 during intraday trading.

Indian Stock Markets Highlights:

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Bullish v/s Bearish stock markets

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Stock markets have just two ways to go : upward or downward. Now upward trend can be accomplished when there is buying activity being seen. Basically Stock markets work on principle of "Demand and Supply", It is not literally demand and supply but demand here depends on company's performance and approach to changing work dynamics and economic conditions.

One has to first understand that when a stock price goes up, it has to come down. The timeframe when stock markets are rising is referenced as bullish and time when stock markets are witnessing selling is called Bearish. Since stock markets just implement an algorithm for Demand and Supply considering various stock factors(market cap etc). An artificial demand can be created in stock markets for company which is less demanding. It is often reffered as stock market scam but according to me it's hundred percent legal as Stock markets allow it, However now a days if a stock witnesses change of 20 percent in value in one day it is locked for that particular day. Many stock prices which rise 6-9 percent a day is often due to such buying or selling.

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SENSEX up 144 points | NIFTY up 39 points

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Benchmark Indian stock indices including Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed up today thus not following the global peers which are in red or closed lower today.

large-cap SENSEX rose yet again by 144.71 points to close today at 16,821.46. 19 out of 30 components were in green at close today. The broadr index National Stock Exchange's NIFTY closed up by 39 points at 5040 today.

Indian Stock markets highlights for today are as follows:

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Indian companies with ADR's list

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Very few Indian companies are trading in US stock markets. Some are doing through the ADR route. an American depositary receipt (ADR) is a stock that trades in the United States but represents a specified number of shares in a foreign corporation. ADRs are bought and sold on American markets just like regular stocks, and are issued/sponsored in the U.S. by a bank or brokerage.
In reality it doesnt matter much for and Indian company to trade on US Stock markets through ADR route.

List of Indian ADR's as of August 2011:

HDFC BANK

ICICI BANK

INFOSYS

DR REDDY

MTNL

PATNI COMPUTERS

REDIFF.COM

SATYAM COMPUTERS

SATYAM INFOWAY

STERLITE

TATA MOTORS

TATA COMMUNICATIONS

WIPRO

SENSEX | NIFTY closing for today

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A very good evening to visitors of LIVEBOMBAYSTOCKEXCHANGE. benchmark Indian stock indices closed in bright green today. Both Bombay Stock Exchange's SENSEX and National Stock Exchange's broader index NIFTY closed up by nearly 2 percent today.

The 30-share Sensex rose 260.42 points to close at 16,676.75. The large-cap index touched a high of 16,714.70 during intraday trading today.

Similarly the broader National Stock Exchange index Nifty rose 81.40 points to close above the 5k level at 5,001 today.

Indian Stock market highlights for today:

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SENSEX down 1.4 perc | NIFTY down 1.2 perc today

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A very good evening to visitors of livebombaystockexchange, your one stop website for stock investing tips and daily Indian stock market analysis.

Benchmark Indian Stock indices like Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's broader index NIFTY closed down by over 1 percent today. Majority of Asian stock markets closed down after Japan's economy degrade by Moody's.

BSE's 30-share SENSEX closed at 16,284.98 points, falling 213.49 points today. The Index touched a high of 16,533.22 during intraday trading today.

The broader index NSE's Nifty closed in red by 60 points at 4,888.90 today.

Indian Stock markets highlights for today:

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