Money on the markets

A maturing market amid the mayhem

Sensex sheds 0.4 pct, but gains 2.4 pct on week

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MARKETS-SOUTHASIA-STOCKSThe Sensex ended 35 points lower on Friday on profit-booking ahead of the weekend.

The top benchmark losers included Tata Motors, which slipped 6.2 percent, ICICI Bank, which was down 4.5 percent, and L&T which lost 4 percent.

The BSE Realty Index slipped over 4 percent. Shares in Akruti City fell 27.8 percent and DLF ended 1.3 percent lower.

The Capital Goods Index (down 2.5 percent) and the Bankex (down 1.95 percent) were amongst the other sectoral losers.

Sensex ends flat, inflation heads towards zero

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INDIA STOCKS/CLOSEThe Sensex closed 25 points up on Thursday after paring early gains, as worries about the economy and political uncertainty weighed on investor confidence.

The benchmark gained 1.2 percent in early trade, but lost ground on profit taking and closed at 9,001.

Sensex rises 1.3 pct, Reliance gains

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INDIAThe BSE Sensex ended 1.3 percent higher on Wednesday as a rally in global markets boosted investor sentiments.

After mid day, the benchmark touched an intra-day high of 9,120 – a rise of over 2 percent – but pared gains later to close at 8,976. It was the index’s highest close in a month.

Sensex snaps 3-day rise, ends 0.9 pct lower

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The Sensex seesawed and ended down 0.9 percent on Tuesday, snapping a three-day rising streak as investors booked profits and weak European markets dampened sentiments.

INDIAIndex heavyweight Reliance Industries ended nealry 2 percent lower and SBI slipped 3.8 percent.

Sensex upswing continues, ends 2 pct higher

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INDIAAfter a healthy rise on Friday, the Sensex continued its upswing and ended 2.1 percent higher, helped by a rise in markets across Asia and Europe.

Reliance Industries, ICICI Bank and ITC led the gains in the benchmark index as it traded firm almost throughout the session.

Sensex falls 2.9 pct to lowest close in 3 years

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MARKETS-SOUTHASIA/STOCKSThe Sensex closed 2.9 percent down on Thursday to its lowest close in 3 years, as worries over the economy remained despite rate cuts by the RBI yesterday.

The benchmark closed at 8198, dragged down by index heavyweights Reliance Industries (down 5 percent) and ITC (down 3.5 percent).

Sensex snaps losing run

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INDIA STOCKS/CLOSEThe Sensex ended 19 points higher on Wednesday, snapping a three-day losing streak, as investors went bargain hunting.

The benchmark closed at 8446.

ICICI Bank, India’s top private lender, fell over 4 percent on concerns the bank’s Russian assets may be vulnerable as firms there struggle to stay afloat.

Market downslide continues, Sensex slips 2 pct

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After a relatively lacklustre morning session, the stock market slipped during the last few hours of trade on Tuesday. The benchmark index closed at 8427, down 2.09 percent.

MARKETS-SOUTHASIA-STOCKS/Heavy falls in foreign markets and concerns about the global outlook continue to weigh on investor sentiment.

Sensex falls 3.2 pct, led by Reliance Ind

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MARKETS-SOUTHASIA-STOCKSIndian stocks struggled throughout trade today, weighed down by grim economic data and weakness in global markets. The benchmark index closed 3.2 percent lower, led by a fall in some heavyweight stocks.

Reliance Industries (RIL) and Reliance Petro were in focus, after the former announced that it would absorb its Reliance Petro unit through a share swap. RIL will issue one share for every 16 held in Reliance Petro.

Sensex drops 2.2 pct tailing global rout

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INDIA-BUDGETTaking cues from weak global markets, our benchmark index ended the last trading session of the week with losses of 2.2 percent, its lowest close in a month.

The Sensex closed at 8843, pulled down by over 3 percent losses in Reliance Industries and a 7 percent slide in ICICI Bank.

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