Stock Markets

IFS Optimistic On Block Share Trade

IndiabullsIndiabulls Financial Services went up 1.51% to Rs 655 after a block deal of 13.7 lakh shares was struck at Rs 655.50 per share on BSE.

The scrip touched a high of Rs 664.95 and a low of Rs 647 during the day. There were 18.06 lakh shares for trading on the counter.
In the last three months, the stock had an average daily volume of 11.22 lakh shares on BSE.

The company’s equity capital is Rs 44.55 crore, with 22.27 crore outstanding shares with a face value of Rs 2 each.

Market Ends After Shedding 22 Points

Bombay Stock ExchangeThe BSE sensitive index opened up strongly at 15,357.60. It continued to trade strong supported by substantiated buying pressure in index heavyweights. But, the stock index lost its power, lastly sliding into the negative to end the day on a flat note. It touched an intra-day high of 15,440.20 and low of 15,272.46 during the day.

The stocks from cement, IT and pharma led the processions, while auto and banking sectors led the declines.

Market Ends Marginally Up After Weak Performance

Bombay Stock ExchangeThe BSE share index opened its eyes on a positive note at 15,295.03. Later on, it slipped into depressing zone and continued to trade flat for most part of the day. It also touched an intra-day high of 15,341.38 to end the day on a positive note.

Cement stocks were in the public interest, whereas IT, pharma and banking stocks led the declines. Auto stocks displayed mixed inclination.

Markets Expected To Touch 15,500 this Monday

According to Bharat Thakur, assistant manager, Karvy Stock Broking the stock market is likely to lift up further on coming Monday (July 16).

Sensex Nifty at Record Highs

Bombay Stock ExchangeMumbai: Sensex and Nifty finished off the week at record high up. The Bombay Stock Exchange 30-share sensitive index (Sensex) closed at 15272.72, up by 180.68 points or 1.20 per cent and the NSE’s 50-share Nifty closed up 58.40 points or 1.31 per cent at 4504.55. The BSE Midcap index ended at 6795.30, up 13 points while the BSE Smallcap index closed flat at 8216.14.

Sensex gained 308 points this Week

The BSE Sensex made 308.60 points during the week (July 9-13), and finally it settled at 15,272.72 on Friday, whereas the NSE Nifty profited 119.70 points during the week to close at 4504.55.

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