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A maturing market amid the mayhem

Sensex jumps 1200 points in five sessions

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INDIAThe BSE Sensex closed 3.5 percent higher on Friday, taking the week’s gains to over 1200 points as investors cheered the government’s talk of reforms.

Investor sentiments also had plenty of support from strong global markets.

The benchmark posted a near 500-points gain with stocks like ICICI, HDFC and ITC surging. The Nifty index rose by over 140 points.

The top Sensex gainers were Reliance Infra and M&M, both rising over 8 percent, and JP Associates which gained 7.2 percent.

The rally was broad-based and all sectoral indices ended in the positive. The auto index led the pack with an over 5 percent rise. Stocks like Tata Motors and Hero Honda gained over 6 percent each.

Market ends flat, L&T down after results

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INDIAIt was a lacklustre day for the Sensex which ended three points lower at 14,250 as investors booked profits after a two-day rally.

Engineering and construction firm Larsen & Toubro fell 3.6 percent and was the main stock that pushed the benchmark lower. Earlier in the day the company had announced its Q1 net profit had risen to 15.98 billion rupees.

Sensex recovers another 400 pts

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INDIA-BUDGETIt was another good day on Dalal Street with the benchmark gaining 400 points to close at 14,253, as investor confidence was boosted by strong results by two U.S firms.

The Nifty index rallied 122 points to close above the 4,200 mark.

Reliance Industries led the benchmark’s rise with a 3.5 percent jump. L&T’s rise of 4.1 percent also gave support.

Sensex rises over 450 points, DLF jumps

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INDIA-STOCKS/JUMPInvestors breathed a sigh of relief on Tuesday as the Sensex jumped 453 points to 13,854, regaining some ground after losing over 1500 points in the past six sessions.

The stock market took cues from strong global markets and upbeat economic data from some regions.

Sensex down 0.77 pct led by Reliance

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MARKETS-INDIAThe Sensex clawed back from mid-day losses on Monday but still closed 103 points lower at 13400, adding to last week’s slide of over 1400 points.

Worries about the global economy and corporate results weighed on investor sentiments throughout trade, which saw the benchmark hitting the day’s low of 13,220.

Sensex drops over 1400 pts over the week

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INDIA-BUDGET/After the stock market’s thumbs down to the budget on Monday, the weakness continued all week with the Sensex registering a drop of over 1400 points in five sessions.

On Friday the benchmark closed 253 points lower at 13,504 on worries over the monsoon and global economy.

Sensex range bound in choppy trade

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The Sensex remained volatile in trade and ended 0.08 percent lower on fears of a fall in corporate earnings for the June quarter.

IT bellwether Infosys Technologies, will kick off the earnings season on Friday.

Sensex tanks on global economic worries

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Selling pressure pulled the BSE Sensex below 14,000 on Wednesday as concerns over global economic recovery spooked financial markets all around.

Trade was volatile and the 30-share sensitive index touched an intra-day low of 13,701 before closing 401 points lower at 13,769. The fifty-share Nifty ended 2.93 percent down at 4,078.

Sensex rises in choppy trade

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The BSE Sensex ended 0.9 percent up on Tuesday, recovering from yesterday’s biggest one-day drop in six months.

The benchmark turned negative during trade after rising more than 1 percent, as a large budget deficit weighed on investors’ minds. Trade was volatile and the 30-share sensitive index swung from an intra-day low of 14,000 to an intra-day high of 14,252 and closed 127 points higher at 14,170.
INDIA-STOCKS/6PCT

Market slides as budget disappoints

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The Sensex plunged 5.8 percent on Monday as the higher-than-expected fiscal deficit announced by the government in the Union budget disappointed investors.

The 30-share sensitive index swung from an intra-day high of 15,097 to an intra-day low of 13,959 and closed 870 points lower at 14,043. The fifty-share Nifty ended 5.84 percent down at 4,165.

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