Unstructured Finance

BSE Oil & Gas sector rises

May 20, 2010

INDIA-BUDGET
The BSE Oil & Gas Index ended 1.79 percent up in a broader market that closed 0.68 percent higher at 16519.

Bad day for oil and gas counters

April 8, 2010

RELIANCE-OIL/The BSE Oil & Gas index ended as the worst sectoral performer on Thursday, posting losses of 1.8 percent, as the Sensex slumped 255 points on increased expectations of a rate hike.

Weak day for oil & gas stocks

November 17, 2009

Shares in ONGC dropped over 2 percent and ended as the top Sensex loser as the broader market closed just 18 points higher.

Ghana, Ghana, Gone to Exxon

October 6, 2009

Sources tell us that oil behemoth Exxon Mobil won the bidding in an auction for Kosmos Energy’s stake in the Jubilee field in Ghana, one of the biggest oil discoveries in recent years. Analysts have said the stake could be worth up to $5 billion.

Market ends flat, no cues from economic survey

July 2, 2009

MARKETS SOUTHASIA STOCKSThe Sensex ended just 13 points higher at 14,658 after a volatile session as investors awaited budget announcements next week.

Sensex ends lower after volatile session

June 25, 2009

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.

Sensex gains in choppy trade

June 24, 2009

The BSE Sensex ended 0.69 percent higher on short-covering ahead of the monthly derivatives expiry. Gains were capped by worries about the health of the global economy.

Sensex ends flat after recovering early losses

June 23, 2009

The BSE Sensex erased early losses to end flat, tracking global markets as concerns about the prospects for an economic recovery pushed key indices into negative territory.
INDIA-STOCKS/6PCT
The market remained volatile ahead of the expiry of the current months derivative contract on Thursday. The rise in the benchmark was led by Reliance Industries, HDFC, BHEL and ONGC.

Sensex slips 55 points in choppy trade

June 11, 2009

INDIA-BUDGETInvestors today booked profits in a market that had touched a 10-month high on Wednesday, bringing the benchmark down by 55 points.

Sensex gains over 500 points

May 27, 2009

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.