FIRSTPOST YOUSPEAK
Friday, May 24th 08:23 AM IST
Gallery
Bombay Stock Exchange GALLERY.
Indian stock dealers keep a watch on share prices at the Bangalore Stock Exchange (BgSE) on August 8, 2012. Rising for the third day in a row, the Bombay Stock Exchange (BSE) benchmark Sensex gained 65 points in early trade on sustained buying by funds and retailers amid a firming trend in Asian region. Indian stock dealers keep a watch o
The Bombay Stock Exchange rose more than 1 percent today as improved US jobs data sparked a global risk rally, while private lenders such as HDFC Bank surged on hopes for government measures to help the mutual fund sector. Inflow of foreign money too helped Indian equities as the Indian rupee appreciated by 30 paise to 55.45 against the US dollar. The Sensex closes 1.25 percent higher at 17412.96, while the NSE Nifty was up 1.28% to 5,282.55, the highest close since July 11. Morgan Stanley also added to the bullish sentiment after it said that Indian stocks are exhibiting early signs of a bull market. [caption id=attachment_407438 align=alignleft width=380 The Bombay Stock Exchange rose more
In a range-bound session of trade,the BSE Sensex fell on Thursday for the first session in five days as they, like other world markets, await cues from the European Central Bank meeting later today, after the US Federal Reserve refrained from offering fresh stimulus. The Sensex closed at 17,224, down 33 points over the previous close. The broader NSE Nifty closed at 5,227, down 12 points over the previous close. Dipan Mehta, member, BSE and NSE told emCNBC-TV18/em it is more likely that the market continues to trade in a particular range. Although we may have some positive news flow from Europe, it is highly unlikely that the Nifty can sustain and trade significantly above 5,400 levels for an extended period of time, he said. Further lenders also retreated afterstrong State Bank of India/strong cut auto and home loan rates for new borrowers, sparking worries other lenders would follow suit and hit margins in the sector. State Bank of India fell 1 percent, while HDFC Bank lost 0.7 percent. [caption id=attachment_402314 align=alignleft width=380 In a range-bound session of trade,t
The BSE Sensex and Nifty gained slightly to extend a winning streak to a fourth day but the markets were extremely flat in the absence of domestic or global cues. Clearly P Chidambaram taking over the finance ministry didn't offer any relief for the markets. Perhaps the next big trigger would be the reforms agenda. The 30-share BSE Sensex rose 21.20 points to close at 17,257.38 and the 50-share NSE Nifty went up 11.50 points to 5,240.50. The gains at Dalal Street however remain curbed, with the release of manufacturing activity data, which grew at a slower clip in July. [caption id=attachment_400470 align=alignleft width=380 The BSE Sensex and Nifty gained sli
The BSE Sensex today posted its biggest daily percentage gain in a month, as blue chips rallied tracking widespread gains in global risk assets on hopes for monetary stimulus in the eurozone and the United States. Stock markets staged huge confidence, ahead of the crucial Reserve Bank of India's quarterly monetary policy review, led by the strong buying in interest rate sensitive's Realty, Bankex and high beta Power and Capital Goods counters. Amassing gains steadily, equity markets after vehemently rallying over a percentage points, concluded near the high point of the session. [caption id=attachment_396878 align=alignleft width=380 The BSE Sensex today posted its big
The BSE Sensex rose by 0.55 percent while the S&P CNX Nifty gained 0.51 percent in today's trade. The Sensex, the baromter of the Indian economy, closed up 94 points to 17,278 while the Nifty closed above the 5,200 mark at 5,242.7. The market breadth was positive. On the BSE, 1,514 stocks advanced while 1,299 declined. Among sectoral indices, IT was the biggest gainer as it rose by 1.75 percent led by consumer durables (1.38 percent) and oil and gas (1.24 percent). The worst performer was the auto index which fell by 0.47 percent. This is mostly because of the 8.74 percent in the stock price of Maruti to Rs 1,117 per share. This was due to clash between between workers and the managerial staff at the Maruti Suzuki India's Manesar plant. This was Maruti's biggest daily percentage fall since July 26, 2010, after halting production at a factory in north India because of labour unrest. strongReliance Industries/strong rose 1.8 percent ahead of its April-June quarter earnings on Friday, helped after Nomura upgraded the stock to 'outperform', citing valuations and benefits from a weak currency. strongCapital goods stocks/strong were also in demand after Bhel gained on reports the Cabinet is likely to discuss a roposal to impose 21 percent duty on imported power equipments. [caption id=attachment_383380 align=alignleft width=435 The BSE Sensex rose by 0.55 percent
The BSE Sensex, India's premier stock market index, has given a return of 5 percent over the last one month. This rally has come on the back of the decision of the finance ministers of eurozone (countries that use the euro as their currency) deciding to give a loan of 100 billion to weak Spanish banks on 10 June. But the euphoria generated by the rescue now seems to be fading. strong/strong strongRising bond yields /strong The bond yield on 10-year Spanish government bonds on 8 June 2012, a couple of days before the rescue was announced, was at 6.22 percent. Since then the yield has risen to 6.95 percent. Bond yield is essentially the return an investor can hope to earn from a bond every year, if he holds on to the bond until its maturity. A rising bond yield means that investors perceive the bonds to be risky and hence demand a higher return from them. [caption id=attachment_371875 align=alignleft width=380 The BSE Sensex, India's premier sto
The BSE Sensex closed at 16,990, below the psychological 17000 mark over fears that the monsoon has been delayed by a week. The BSE Sensex closed at 16,990, be
An Indian pedestrian watches share prices on the digital broadcast on the facade of the Bombay Stock Exchange (BSE) headquarters in Mumbai on June 18, 2012. India's central bank unexpectedly kept interest rates unchanged in a bid to curb inflation, despite facing pressure to cut the cost of borrowing and boost stuttering economic growth. The Reserve Bank of India (RBI) said the benchmark repo rate, at which it lends to commercial banks, would remain at 8.0 percent, while the cash reserve ratio for banks was also unchanged at 4.75 percent. An Indian pedestrian watches share
An investor scratches his head as he looks at a display of stock prices outside the Bombay Stock Exchange (BSE) building in Mumbai June 18, 2012. Indian bond prices and stocks dropped while the rupee weakened against the dollar on Monday after the Reserve Bank of India surprised markets by keeping both the repo rate and the cash reserve ratio unchanged. An investor scratches his head as h
An Indian man watches a screen on the facade of the the Bombay Stock Exchange (BSE) building in Mumbai, India, Monday, June 18, 2012. India's central bank left its key interest rate unchanged Monday due to inflation concerns, thwarting hopes of a rate cut to kickstart flagging growth in Asia's third-largest economy. An Indian man watches a screen on t
The BSE Sensex closed 126 points lower at 16,312 while the Nifty closed at 4,950. The BSE Sensex closed 126 points lo