Indian Stock Indices decline on profit bookings

Share |

[4/6/2014] Major Indian stock indices including the Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY 50 closed lower today as investors booked profits after reaching the record high. IT , FMCG and Oil and Gas sector saw selling and led the list of losers at the Stock markets across country.

The 30 component Bombay Stock Exchange's SENSEX opened higher today, however profit booking ended the day at 24,805.83, down by 52.76 points. It touched a day's low of 24,773.93 points today. BSE's IT index was down by 1.27 percent, BSE's Oil and Gas index down by 1.01 percent, FMCG index declined by .23 percent today.

The broad-based NSE's CNX NIFTY 50 also slipped from record high closing by losing 13.60 points end at 7,402.25 points today.

[2/6/14] Speculation over RBI meet boosts Investor sentiments, SENSEX , NIFTY rise

Share |

Greetings from StockInvestingtips.in, your one stop blog for daily updates about Indian stock markets. Major Indian Stock indices including BSE's SENSEX and National Stock Exchange's NIFTY ended the day on positive note today. Indian Stock markets saw purchasing activity through out the day as investors speculations increased over upcoming meeting of Reserve Bank of India.

The 30 component BSE's SENSEX index closed at 24,687.81, up 470.47 points. The most watched Indian stock index touched a day's high of 24709.09 points, whereas NSE's broader index NIFTY ended the day at 7,356.85, up by 126.90 points. It touched a low of 7,239.50 during day's trade. The S&P BSE Midcap Index closed up by 2.28 percent and the S&P BSE Smallcap Index also up by 2.05 percent at close. However S&P BSE FMCG Index closed down by 0.98 percent and the S&P BSE Healthcare Index also closing lower by 0.99 percent today.

Stock Portfolio of Rakesh Jhunjhunwala - may 2014

Share |

Billionaire Stock market investor Rakesh JhunJhunwala is probably the most famous of all people who have made big bucks from Indian stock markets, there are numerous novices who follow his stock portfolio diligently and have also gained in the process. Following is the list of companies in which Rakesh Jhunjhunwala has invested his money. You may follow some of these stocks and movements for investing your money.

Company	stake percent
Titan Industries	9.05%
Lupin	1.76%
CRISIL	5.67%
Rallis India	10.03%
Delta Corp	6.84%
Aptech	41.57%
Geometric	19.35%
NCC	11.54%
Praj Industries	8.45%
Firstsource solutions	3.8%
Escorts	4.08%
TV18 Broadcast	1.34%
Kesoram Industries	6.83%
Pipavav Defense and offshore	1.43%
Prime Focus	6.14%
Geojit BNP	7.88%
Anant Raj	2.12%
Sterling holidayresorts	3.67%
Spicejet	1.92%
A2Z Maintenance and engineering	16.7%
DB Realty	1.03%
viceroy hotels	14.64%
autoline industries	10.18%
bilcare	8.51%
Ion exchange	6.02%
Hindustan Oil Exploration Company	1.5%
Mcnally Bharat Engineering	3.21%
Prozone capital shopping centres	2.46%
Adinath Exim Resources	4.05%

[29.5.14] - BSE SENSEX | NIFTY ends lower on selling pressure

Share |

It turned out to be not a good day for almost all Indian stock indices as Stock markets witnessed heavy selling pressure as may end nears. Benchmark stock indices including Bombay Stock Exchange's SENSEX ended the day at 24,234.15, down 321.94 points The most watched index touched a high of 24,528.20 and a low of 24,206.50 during the day's trade today. Broader index NSE's NIFTY closed at 7,246.70, down 82.95 points. The broader index touched a high of 7,325.40 and a low of 7,224.40 during the day's trade today.

Almost all the sectoral indices at Bombay Stock Exchange ended the day in red. Infosys led the pack of losers as it closed down by nearly 7 percent after market reacted negatively on yet another high profile exit from the board of the second biggest IT company. Only BSE's Healthcare index closed up by mere 0.02 percent today.

Indian Stock Markets closes flat as investors remain clueless

Share |

As the freshness of Narendra Modi appointed as Prime minister of India begins to lessen, Indian stock investors looked clueless today in choosing the stock to invest into. As a result benchmark Indian stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY ended flat today, Dalal street saw sparse selling and purchasing intensity.

30 component BSE's SENSEX closed up by 6.58 points at 24,556.09. The index fluctuated between high of 24,643.33 and low of 24,488.81 in day's trade today. National Stock Exchange index Nifty 50 ended up by 11.65 points at 7,329.65 after touching day's high of 7,344.75 and a low of 7,302.60. 16 out of 30 SENSEX components remained in green and 14 closed lower.

Benchmark Indian stock indices ends in red on profit booking

Share |

StockInvestingTips serviceBenchmark Indian Stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY 50 ended the day in red today as investors booked profits from banking stocks and other stocks after helping markets in reaching record high on a strong and stable election results. 21 out of 30 SENSEX components closed lower today.

The 30 component BSE's SENSEX closed the day at 167.37 points at 24,549.51 The index reached intraday high of 24,777.31 and low of 24,422.33, while the broader index National Stock Exchange's NIFTY also closed lower by 41.05 points at 7318.00 . Only good news about economy coming today is that the fiscal account deficit remained at 1.17 percent of GDP. Meanwhile Indian rupee fell below 59/USD mark today.

Indian Stock Indices rise but still long way to go before fully recovering

Share |

Greetings from StockInvestingTips, your one stop website for daily updates and analysis about Indian stock indices including SENSEX and NIFTY.

Indian stock markets witnessed some heavy purchasing activity as Oil and Gas sector stocks led the list of gainers today as RBI said that it would give USD directly to the oil marketing companies for purchasing activities. The Bombay Stock Exchange's 30 component SENSEX closed 405 points up at 18401.04. National Stock Exchange's NIFTY 50 also closed higher by 125 points today at 5409.05 points.

Almost all of the sectoral indices closed in green at BSE with oil and gas sector index ending the day higher by 2.86 percent from yesterday's close at 8,094.62, followed by metal index closed up by 2.38 percent, whereas FMCG index closed higher by 2.29 percent and capital goods index rose by 2.20 percent.

Still Indian economy and stock markets have long way to go before it erases the crash post the sudden fall in INR valuation, rupee closed the day at 66.6/USD, Gold gained 297 points, hence providing slight hint that stock purchase might have been done by speculators and Markets might fall tomorrow on profit booking.

INR at 66+/USD | SENSEX all set to breach 15K mark in coming months

Share |

Greetings from StockInvestingTips, your one stop website for daily updates and analysis about Indian stock markets.

Benchmark Indian stock indices including the 30 component BSE's SENSEX and National Stock Exchange's NIFTY index closed below the 18k and 5300 mark today as INR fell below record 66/USD today and is all set to fall further at 72 level in coming months. With economy looking in doldrums and Financial system/policy making in complete collapse , it looks like value of INR is not finally controlled by the country itself and is remotely owned by the US. As more dollars move out of India back to USA, Indian economists busy in preparation for wooing voters for 2014 elections, Future for the country of 1.2 billion looks very gloomy.

With government rising the oil prices and all set to raise the price of diesel by whopping INR 5 per litre in coming days and at the same time passing the food security bill, thus contradicting it's own effort of curtaining fiscal deficit to under 5 percent. The financial system of the country is on brink of collapse. Food inflation is consistently at 10 percent levels.

BSE's SENSEX ended the day at 17,968.08, down 590.05 points. National Stock Exchange's NIFTY 50 index closed the day's proceedings at 5,287.45, down 189.05 points.

Mayhem at Dalaal street continues | INR all set to hit 65 by this weekend

Share |

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

Bloodbath at Dalaal street and major Indian stock indices continued as falling rupee played havoc and prevented fresh buying, All the sectoral indices closed down as investors took out their money for investing in tangible assets like gold, silver and Forex. Indian stock markets shall continue downward trend and INR is all set to reach 70/USD mark in couple of months time from now(as predicted by top banks). It may touch this mark a little earlier as economy remains fundamentally weak, government is preparing for 2014 elections instead of working for stabilizing the economy. FII's are reluctant to come as there is no assurance of investor friendly policies. Investor sentiments are hampered further with government effort to sell stake in PSU's to foreign players, but none of FII's have expressed any sort of interest in it.

Read full post »

Indian Stock Market in shatters | INR all-set to touch 65/USD level

Share |

Greetings from StockInvestingTips, your one stop website for daily updates and analysis from Indian stock markets.

Benchmark Indian stock indices including the Bombay Stock Exchange's SENSEX and NSE's NIFTY 50 is crying under heavy selling activity as Indian economy is in shatters as the intellect ability of top 3 economists PC | MMS | MONTY is started to look very mediocre, Government has failed to revive rupee and economy as the INR breached the 63 / USD mark today and is all set to breach the 65/USD mark by this week end, futures look very grim as Indian economy and stock markets have nothing to boast about. Dwindling manufacturing data and increasing import, governments failure to help the growth of renewable sources of energy sector by providing them subsidy have hit it like a boomerang.

The INR is all set to breach 65/USD mark in remaining days of this month and would breach 70/USD mark later this year as government keeps on scratching it's head and concentrating on the 2014 elections instead. Indian stock markets is witnessing selling until it's real worth, which is according to me at 15000 levels. One has to wait when it would be under 15k level in coming months. Meanwhile Indian stock markets have lost it's name in trillion dollar markets list as market cap for all the listed companies breached the 1 trillion dollar mark today and is set to lower further.

The 30-stock benchmark SENSEX index lost 290.66 points to close at 18,307.52 today, whereas broader index NIFTY 50 declined by 93.10 points at 5414.75 points today