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A maturing market amid the mayhem

Sensex jumps 475 points led by Reliance

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INDIA-BUDGETAfter a relatively quiet start in the morning, the benchmark stock index rallied and closed 475 points higher even as factory output data disappointed.

There was speculation that the BJP-led alliance, perceived as market friendly, was gaining momentum in the elections.

The 5.3 percent rise in Reliance Industries, India’s top listed firm, helped the benchmark rise above 12,000 levels.

Other heavyweights like ICICI Bank (up 6.7 percent) and Infosys (up 5.5 percent) also supported the Sensex rise.

Sensex closes lower on profit booking

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The BSE Sensex closed 1.9 percent lower on Friday but posted ninth consecutive weekly rise as investors turned net sellers from net buyers. MARKETS-SOUTHASIA-STOCKS/

The benchmark closed down 240.51 points at 11,876.43, while the Nifty ended 1.7 percent down at 3,620.70.

Sensex gains in choppy trade; stress test results eyed

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The BSE Sensex closed 1.37 percent higher on Thursday, tracking a rally in global markets on ebbing concerns about the health of the financial sector and the global economy.

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Trade was volatile and the benchmark closed 164.19 points higher at 12,116.94, while the Nifty ended 1.62 percent higher at 3,683.90.

Sensex falls 1.4 percent, led by ICICI

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The BSE Sensex closed 1.4 percent lower on Wednesday as investors booked profits ahead of the fourth phase of India’s general elections on Thursday.

The benchmark closed 178.33 points down at 11,952.75 while the Nifty ended 1.01 percent lower at 3625.05.
INDIA-STOCKS/6PCTThe Sensex fall was led by ICICI Bank, HDFC, ITC and Tata Steel.

Market choppy on profit booking

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The Sensex closed marginally lower after a choppy session on Tuesday, as investors booked profits after the market rose over 10 percent in the previous two sessions.INDIA-STOCKS/6PCT

The benchmark closed 3.6 points down at 12,131.08, while the Nifty ended 0.2 percent higher at 3,661.90.

Sensex tops 12,000 on Reliance, Infosys

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The BSE Sensex closed 6.4 percent higher on Monday, its biggest one-day gain in six months, boosted by encouraging manufacturing data at home and renewed investor activity across Asia.
INDIA-STOCKS/The benchmark closed 731.5 points higher at 12,134.75, while the Nifty ended 5.1 percent higher at 3654.

The rise in the Sensex was led by Reliance Industries, Infosys and ICICI Bank.

On the sectoral front, the BSE Metal Index gained nearly 8.7 percent. This was followed by the IT Index which ended up 8.4 percent. All sectoral indices closed the day in the green.

Sensex gains 2.9 pct, led by Reliance

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The BSE Sensex closed 2.9 percent higher on Thursday as investors put aside worries about the world economy and returned to the market.

The benchmark closed 317.45 points higher at 11,134.99, while the Nifty ended 2.8 percent higher at 3423.70.MARKETS-SOUTHASIA-STOCKS/

Sensex closes weak; RBI policy eyed

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The Sensex closed 0.40 percent lower on Monday, amid mixed Asian markets and profit booking by investors.

The benchmark closed 43.59 points lower at 10,979.50, while the Nifty ended 0.22 percent down at 3,377.10.

Sensex pares gains on profit booking

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The Sensex ended 21.38 points down on Tuesday, erasing early gains of as much as 2.9 percent, as investors took profits after the market had risen more than 13 percent over the past two weeks.

Selling was seen in ONGC (down 2 percent), Reliance Communication (down 3.9 percent), Infosys (down nearly 1 percent) and Jaiprakash Associates (down 6.7 percent), while ICICI Bank, HDFC Bank and SBI were among the top gainers, rising 6.3 pct, 2.4 pct and 1.09 pct respectively.INDIA-STOCKS/

Sensex, Nifty rally; Satyam falls

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The Sensex closed 4.9 percent higher on Friday to post its biggest rise in three months, as investor confidence was bolstered by a jump in other Asian markets following positive news from the United States.

The benchmark closed 412.86 points up at 8756.61, supported by index heavyweights Reliance Industries (up 6.6percent), ICICI Bank (up 8.6 percent) and Infosys (up 5.6 percent).

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