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Wednesday, January 16, 2013

Indian Stock markets down on profit booking

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Greetings from LiveBombayStockExchange, your one stop website for daily updates about Indian stock markets. Today saw some heavy selling from investors as they booked profits thus ending the upward movement of the indices.

The 30 component BSE index SENSEX fell by 169.19 points in whole day to finally end the day's proceedings at 19,817.63 . The broader index NSE's NIFTY lost 54.75 points but maintained the 6k mark, the index closed at 6,001.85 .

The good news came in second half of the day when stock market releted firm predicted BSE's SENSEX touching 23k mark by 2013 end.

HAPPY TRADING!!

Tuesday, January 15, 2013

BSE'S Sensex | NSE's NIFTY up on economic recovery

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Greetings from StockInvestingTips, your one stop website for daily updates about Indian stock markets and much more. Today turned out to be yet another good day for indian stock markets as benchmark indices including 30 component most watched SENSEX and NSE's NIFTY index both closing higher today.

Indian stock markets got boost from strong FDI's, Indian government cleared FDi worth 1200+ crores today, Further boost came when Merill Lynch said that "worst is over for Indian economy". The large cap index closed just shy of 20k mark today, Sensex closed with a gain 80.41 points at 19,986.82 However it did cross the 20000 mark during the days trade today.

The broader index NIFTY closed with a gain of 32.55 points at 6,056.60, after touching day's high of 6,068.50. Stocks from Auto sector, banking, Realty lead the rally. Indian markets shall remain in bullish mood for rest of the week as investor hope of interest rate cut by RBI in coming days.

Monday, January 14, 2013

Indian Stock indices closes up on GAAR postponment

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Greetings from StockInvestingTips, Your one stop website for daily updates from Indian stock markets. Today was a good day for Indian stock markets as major indices including BSE's SENSEX and NSE's NIFTY closed higher today as investors became optimistic about decrease in inflation and hopes about interest rate cut by RBI.

The 30 component benchmark index SENSEX closed up by over 1.2 percent or 242.77 points at 19,906.41 Major boost came in from postponment of General Anti Avoidance Rule (GAAR) for two years till April 2016. The most watched index closed at 2 year high today.

The broader index NSE's NIFTY ended the day above the 6000 mark, closing up by 72.75 points at 6,024.05. Realty stocks and IT sector stocks saw heavy buying today. The IT sector ended the day higher by 2.57 percent, banking stocks also up. But stock markets may see some decline in coming trading sessions on profit booking.

HAPPY TRADING!

Wednesday, January 9, 2013

Auto stock drags BSE | NSE indices down

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Good Evening and welcome to livebombaystockexchange blog, your one stop website for daily Indian stock market updates. It turned out to be slightly bad day for major Indian stock indices including BSE's SENSEX and broader index NSE's NIFTY.

The 30 component most watched SENSEX ended the day at 9,666.59, down by 75.93 points, IT sector stocks remained in red with both TCS, INFY falling by over 1 percent. In Auto sector: apart from TATA motors other stocks closed in red. National Stock Exchange's broader index NIFTY declined by 30.20 points or 0.50 per cent to end below 6K-mark at 5,971.50.

Monday, January 7, 2013

Profit booking ends 4 day rally at BSE | NSE

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Greetings from LiveBombayStockExchange, your one stop website for daily updates about Indian stock indices.

Benchmark Indian indices including BSE's SENSEX and NSE's NIFTY ended their 4 day long rising spree today as investors booked profits. The most watched 30 component SENSEX index declined by 93 points today. Most hurt sectors for today were Capital goods and Realty, however auto stock saw some fresh purchasing. 19 of the 30 components remained in red whereas 11 closed in green. The large-cap index closed 92.66 points down at 19,691.42 .

The broader index NSE's NIFTY closed down by 27.75 points at 5,988.40(just shy of 6k mark).

Wednesday, January 2, 2013

SENSEX | NIFTY in upbeat mood on global optimism

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Greetings from LiveBombayStockExchange, your one stop website for daily updates from Indian stock markets. It was a good day for benchmark Indian stock indices including BSE's SENSEX and National Stock Exchange's NIFTY as the Bombay stock exchange's benchmark index closed at two year high today. The broader index NIFTY also crossed the 6k mark during the day's trade today.

SENSEX ended the day at 19714.24 up by over 133 points. Positive cues from europe helped Indian stock markets, Investors became optimistic after passing of financial cliff bill in USA. The 30 component index closed at 2 year high. Broader index NIFTY ended the day at 5993.25 up by 42.40 points. Investors purchased consumer durables and capital goods stocks today.

23 out of 30 components of SENSEX remained in green today. The growth spree shall continue tomorrow also as global investor sentiment looks promising.

 

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