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Realty stocks weak in firm mkt

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INDIA

Realty stocks had a weak trading day on Wednesday with the sectoral index slipping 1 percent, even as the Sensex gained over 200 points tracking positive global cues.

Indiabulls Real Estate slipped 3.3 percent and was the top sectoral loser, while DLF and Unitech lost 1.3 percent and 0.7 percent respectively.

Shares in Anant Raj Industries gained 2.8 percent, making it the top gainer in the realty index.

A recent newspaper report quoting CLSA said the time was ripe to build exposure to real estate stocks, post the Reserve Bank of India’s step to take away money from banks and a lesser-than-expected rush to raise money from the primary market.

Sensex gains on strong economic data

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The BSE Sensex ended 2.6 percent up on Thursday on good corporate results and robust economic data.

Data released on Thursday showed infrastructure output grew 6.5 percent in June while the Wholesale Price Index fell 1.17 percent in the 12 months to July 11.

TCS leads Sensex over 15,000

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The BSE Sensex extended gains on Monday to cross the 15,000 mark as hopes of recovery in corporate earnings boosted confidence worldwide.

The 30-share sensitive index swung from an intra-day low of 14,854 to an intra-day high of 15,209 and closed  446 points higher at 15,191. The fifty-share Nifty ended 2.91 percent higher at 4502.MARKETS-SOUTHASIA-STOCKS/

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 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.
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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.

Sensex at 9-mth high; investors cheer econ data

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The BSE Sensex traded firm on Monday as investors cheered improved manufacturing data at home and signs of recovery in the global economy.

The benchmark stayed mostly in positive territory, touching an intra-day high of 14,906 and finally closing 215 points higher at 14,840 – its highest close in almost nine months. The fifty-share Nifty ended 1.8 percent higher at 4529.

Sensex gains in choppy trade

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The Sensex fell more than 3 percent early on Tuesday paring yesterday’s gains, but got right back into action on strong domestic buying and closed 0.1 percent up with support from positive global cues.

The benchmark swung from 13,840 in early trade to an intra-day high of 14,930 and then closed at 14,302 on profit taking. The index had gained more than 17 percent on Monday. The Nifty declined to 4,318.45, down 4.7 points.

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.

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