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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.

The sectoral picture too looked bleak, with only realty, banking and capital goods indices managing to end in the green. The auto and oil & gas indices were the worst performers registering a decline of 2.1 percent each.

Shares in Unitech, one of India’s top listed realty firms, ended 5.2 percent higher at 82.05 rupees. It was also the top traded stock on the BSE. The firm announced its full-year numbers today.

Reliance leads Sensex fall

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The Sensex fell on Monday as an unfavourable court ruling saw a sell off in shares of Reliance Industries. Investor sentiments were also dampened by weak Asian markets.

The 30-share sensitive index swung from an intra-day high of 15,261 to an intra-day low of 14,808, and finally closed 362 points lower at 14,857. The fifty-share Nifty ended 2.1 percent lower at 4484. MARKETS-SOUTHASIA-STOCKS/

Sensex bounces back, ends 461 pts higher

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INDIASensex gained 461 points on Tuesday to close well above the 15,000 mark as long-term investors saw an opportunity to enter the market after the previous day’s fall.

The benchmark index managed to recover all of Monday’s losses.

Satyam remained in focus after it posted a consolidated net profit of 1.6 billion rupees in the December quarter. Its shares jumped on this news and hit an upper circuit of 10 percent.

Profit-taking caps Sensex rise

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The BSE Sensex seesawed today, mainly on account of profit-booking after the benchmark closed at an almost nine-month high yesterday.

The 30-share sensitive index of the Bombay Stock Exchange swung from an intra-day high of 14,994 to an intra-day low of 14,608, and finally closed 34 points up at 14,874. The fifty-share Nifty ended 0.10 percent down at 4525.
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The main contributors to the benchmark’s rise were HDFC, Tata Steel, ICICI Bank and SBI.

Sensex gains over 500 points

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INDIAThe Sensex jumped over 500 points today to close above the 14,100 mark, recovering all of Tuesday’s losses, on investor optimism about a recovery in the global economy.

The rally was led by heavyweight counters like ICICI, ONGC and Reliance Industries.

Sensex extends gains, up 14 pct over 5 sessions

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INDIA-MARKETS/The stock market ended 1.1 percent higher on Friday at 13,887, on account of buying by some funds, taking its gains for the week to 14 percent.

The election result has helped in restoring battered investor confidence.

Heavyweight stocks like Reliance Industries, ICICI Bank and L&T led the benchmark rise.

Sensex jumps before election results

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INDIA-STOCKS/The Sensex rose 301 points to 12,173 on investor optimism about the formation of a stable government.

Index heavyweight and top private lender ICICI Bank gained over 7 percent to close at 574 rupees. Its shares have gained 28 percent this year.

Sensex slips over 1 pct after volatile trade

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MARKETS-SOUTHASIA-STOCKS/The Sensex managed to close a tad above the 12,000 mark after a choppy session as wary investors booked profits after yesterday’s rally and awaited exit polls for cues.

An over 1 percent loss in Reliance Industries and a 3.4 percent loss in ONGC led the benchmark lower to close at 12,020 points.

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.

Sensex slips 193 pts, political uncertainty weighs

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INDIA-STOCKS/6PCTThe outcome of the elections this weekend weighed on investors’ minds as the benchmark slipped nearly 200 points to close at 11,683.

Some index heavyweights took a beating – Reliance Industries slipped 1.98 percent, SBI ended 4.8 pct lower and L&T dropped 2.8 percent.

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