Money on the markets

To 15,000 and back

Jun 3, 2009 13:52 UTC

The Sensex topped 15,000 points during trade on Wednesday for the first time in nine months, but lost steam and closed at 14,870 as investors booked profits.

The 30-share sensitive index swung from an intra-day high of 15,045 to an intra-day low of 14,734, and finally closed 4 points down. The fifty-share Nifty ended 0.12 percent higher at 4530.

Profit-booking was seen mainly in Reliance Industries, Infosys and SBI.

On the sectoral front, the BSE Banking Index shed 1.2 percent, followed by the IT Index which ended 1percent lower, mainly due to rise in the rupee. The BSE Consumer Durable Index, however, ended higher at 4.04 percent.

FIIs bought net $44.4 million in shares and $374.7 million in debt. Aggressive buying of Indian stocks by FIIs has kept investor sentiments upbeat. Their total inflow in calendar year 2009 totalled $4554.6 million.

Sensex jumps 475 points led by Reliance

Aditya Kalra

May 12, 2009 10:59 UTC

After 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.

Sensex gains 2.9 pct, led by Reliance

Kshitij Anand

Apr 23, 2009 13:55 UTC

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.

Sensex registers sixth weekly rise

Aditya Kalra

Apr 17, 2009 11:51 UTC

India | realty | Sensex | Suzlon | Unitech

After rising over 3 percent by mid-day, the Sensex pared gains and closed just 0.69 percent higher at 11,023 as investors booked profit ahead of the weekend.

Infosys Technologies, L&T and ICICI shares led the gains in the benchmark.

Unitech emerged as the star performer, surging over 20 percent. Unitech is looking to sell more stocks and assets, such as hotels and offices, to cut its high debt.

Profit-taking halts 8-day Sensex rally

Aditya Kalra

Apr 16, 2009 11:30 UTC

The Sensex broke a long positive run today and closed below 11,000 as investors booked profits in a market that had gained over 18 percent in the eight-session rally. The benchmark close at 10947, registering a drop of almost 3 percent

The fall was led by heavyweights like Reliance Industries, which slipped 4.8 percent, L&T, which was down 5.3 percent, and ONGC, which fell 4.8 percent.

Sensex gains nearly 3 pct, Infosys slips

Aditya Kalra

Apr 15, 2009 12:29 UTC

After a weak start in the morning, the BSE Sensex erased its losses and closed nearly 3 percent higher at 11,285.

This was the benchmark’s eighth successive rise — its longest winning streak in 18 months.

Sensex up 1.5 pct, Tech Mahindra jumps after winning Satyam bid

Aditya Kalra

Apr 13, 2009 11:41 UTC

A rally in global markets today saw the BSE Sensex swing from being briefly negative in early deals to over 11,000 in the last hour of trade, before closing 1.5 percent up at 10,967.