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Monday, December 17, 2012

Decline in Economic growth projection pulls Markets down

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Greetings from LiveBombayStockExchange. It turned out to be a red day at Indian stock markets with benchmark indices including BSE's SENSEX and NSE's NIFTY closing down. Reduction in economic growth percentage to 5.7 percent by Finance ministry lowered investor sentiments thus ending the day with sellers outnumbering buyers at stock markets.

Reserve bank might cut lending rates by 25 percent tomorrow as inflation is lower then expected. The benchmark 30 component SENSEX declined by 72.83 points, to end the day at 19,244.42 . Whereas NSE's broader index NIFTY declined by 21.70 points, to end at 5,857.90 . Stocks in IT sector remained in red today with both TCS and INFOSYS declining. Stocks of Bharti Airtel declined by 3.8 percent today.

Tuesday, December 11, 2012

Indian stock indices down on profit booking

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Greetings from LiveBombayStockExchange, your one stop website for Indian Stock markets. major Indian stock markets witnessed a lackluster trading day.

Bombay Stock Exchange's 30 component SENSEX closed down by 22 points at 19387.17 today, The day saw lot of movement and initially it went up by over 200 points but falling in final session today. Every 2 out of 3 components closed in red with Reliance Industries heading the list.

The broader index NSE's Nifty lost 10.10 points today thus closing at 5,898.80. The Index reached high of 5,965.15 during the day's trade.

Monday, December 10, 2012

SENSEX down | NIFTY flat at close today

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Greetings from LiveBombayStockExchange blog, your one stop website for daily updates from Indian stock markets. As predicted benchmark Indian stock indices like BSE and NSE's NIFTY closed almost flat today.

Benchmark Indian index BSE's SENSEX closed in red by 14 points, The index touched the day's high of 19,478.01 and closed the day at 19,409.69, 17 of the SENSEX components declined today. The broader index National Stock Exchange's NIFTY closed with a meagre gain of 1.50 points today, the index closed the innings at 5908.90.

Midcap Index gained 46 points today, thus closing at 7116.60, SmallCaps gained 24.10 points to close at 7470.08. Indices saw lackluster trading day today as investors and speculators had no clue from global markets.

Thursday, December 6, 2012

Indian Stock indices rise further on Banks | FDI bill optimism

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It turned out a good day for benchmark Indian Stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's broader index NIFTY as predicted in my yesterday's post.

Major Indian stock indices closed in bright green today after news about FDI bill crossing hurdles in Rajya Sabha came in, Investors responded in positive way, thus making Retail stocks rising over 6 percent today.

BSE's SENSEX ended the day at 19,486.80 up by 94.94 points, Looks like it's upward momentum will continue even tomorrow and Monday might see some fall due to profit booking activities by investors for retail stocks. Broader index NIFTY rose by 30.40 points to a 23-month high of 5,930.90 today with the boost coming from banking stocks and Realty stocks.

HAPPY TRADING!

Wednesday, December 5, 2012

Indian stocks market optimistic wrto FDI debate in Parliament

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It turned out to be a lackluster day at major Indian stock markets including Bombay Stock Exchange and National Stock Exchange. There was not much movement in the indices values as investors and speculators remained confused regarding outcome of the FDI in retail voting result in Parliament today. UPA finally won the voting stage and Lok sabha passed the FDI in retail bill today, So expect stock markets to open higher tomorrow with stock prices of organised retail sector set to rise in coming days.

BSE's 30 component SENSEX gained 43.74 points, to end the day at 19,391.86 . National Stock exchange's NIFTY index closed above 5900 mark up by 11.25 points today. DLF stocks came as surprise as it gained over 4.5 percent today amidst weak realty sector. Technology sector saw some downward trend over weak revenue predictions and downgrading Infosys stock to 'neutral' by a rating agency.

STOCKS TO WATCH FOR WEEK: retail stocks

Monday, December 3, 2012

Profit booking drags SENSEX | NIFTY down - dec3/12

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Good evening and thanks for visiting stockinvestingtips.

Benchmark indian stock indices including Bombay Stock Exchanges 30 component SENSEX and national Stock exchange's NIFTY closed in red today as investors booked profits from 4 days of growth streak and keeping an eye on Parliament over decision about FDI in retail.

The most watched Indian index SENSEX closed down by 34.58 points, or 0.18 percent at 19,305.32 . Broader index NIFTY fell by 8.90 points to close at 5,870.95 today. 13 out of 30 components of SENSEX remained in red today. Auto companies saw minor growth in prices.

 

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