Money on the markets

A maturing market amid the mayhem

Sensex drops 292 points

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MARKETS-SOUTHASIA/STOCKSIn pre-budget pessimism, investors booked profits on Tuesday shaving nearly 300 points off the benchmark.

The Sensex closed 1.97 pct down at 14,494, while the Nifty slipped 100 points to 4,291.

Losses in stocks like Reliance Industries, ICICI Bank and L&T weighed on the benchmark.

Top listed realty firm DLF dropped over 8 percent to end as the top Sensex loser, followed by Tata Motors which fell 7.2 percent.

Market ends flat

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INDIA-STOCKS/The stock market got off to a quiet start this week, with the benchmark index closing just 21 points higher at 14,786 ahead of the annual budget next week.

The Sensex was up 1.3 percent at one point, but investors booked profits to take advantage of the rise.

Markets jump over 400 points

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MARKETS-SOUTHASIA-STOCKS/The Sensex ended the week on a strong note, gaining 2.9 percent on Friday to close at 14,765 as investors bought shares after a recent fall in markets.

ICICI Bank was the star performer with its stock jumping 9 percent to 754 rupees. Other Sensex heavyweights like Reliance Industries and Infosys gained nearly 4 percent each.

Nilekani: Infosys’ loss or government’s gain?

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India’s Silicon Valley is saying goodbye to Nandan Nilekani, the engineer-entrepreneur who co-founded Infosys Technologies and helped put India on the global IT map.

Nandan NilekaniA statement from the country’s No. 2 software exporter on Thursday said Nilekani has been invited by the prime minister to head the government agency Unique Identification Authority of India in the rank of a cabinet minister.

Sensex ends lower after volatile session

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INDIA-BUDGETThe Sensex remained volatile in trade and ended 77 points lower at 14,346 on fears that below normal monsoon rains can hurt the economy.

Reliance Industries, which has an over 14 percent weight in the benchmark, led the fall, slipping over 2 percent to 1,959 rupees. ITC, ONGC and BHEL were the other contributors.

Sensex gains in choppy trade

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The BSE Sensex ended 0.69 percent higher on short-covering ahead of the monthly derivatives expiry. Gains were capped by worries about the health of the global economy.

Trade was volatile and the 30-share sensitive index swung from an intra-day low of 14,207 to an intra-day high of 14,479 and closed 98 points higher at 14,422. The fifty-share Nifty ended 1.08 percent up at 4,293.

Sensex ends flat after recovering early losses

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The BSE Sensex erased early losses to end flat, tracking global markets as concerns about the prospects for an economic recovery pushed key indices into negative territory.
INDIA-STOCKS/6PCT
The market remained volatile ahead of the expiry of the current months derivative contract on Thursday. The rise in the benchmark was led by Reliance Industries, HDFC, BHEL and ONGC.

The 30-share sensitive index swung from an intra-day high of 14,394 to an intra-day low of 14,016 and closed 2.1 points lower at 14,324. The fifty-share Nifty ended 0.28 percent up at 4,247.

Sensex slips on profit-booking

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The BSE Sensex came under heavy selling pressure as investors booked profits in a market that has risen 80 percent since early March.

The 30-share sensitive index swung from an intra-day high of 14,668 to an intra-day low of 14,269 and closed 195 points lower at 14,326. The fifty-share Nifty ended 1.8 percent down at 4,235.

Sensex snaps 14 weekly run of gains

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The BSE Sensex advanced on Friday tracking world markets after positive U.S. economic data boosted investor sentiment and cemented hopes of a global economic recovery. The benchmark, however, snapped a run of 14 weekly gains.
MARKETS-SOUTHASIA-STOCKS
The 30-share sensitive index swung from an intra-day low of 14,179 to an intra-day high of 14,559, and closed 256 points higher at 14,521. The fifty-share Nifty ended 1.4 percent up at 4313.

The rise in the benchmark was led by L&T, Infosys, ITC and HDFC Bank.

On the sectoral front, the BSE Capital Goods Index advanced 4.5 percent, followed by the Realty Index which ended 3.1 percent higher. All other BSE Indices closed the day in the green.

Sensex slips 1.7 pct; WPI slips to 30-year low

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The BSE Sensex traded weak on Thursday as investors continued to book profits after it surged nearly 80 percent since early March.INDIA-STOCKS/6PCT

The 30-share sensitive index swung from an intra-day high of 14,631 to an intra-day low of 14,188, and closed 257 points lower at 14,266. The fifty-share Nifty ended 2.4 percent down at 4251.

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