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Sensex retreats from record high as profit-booking emerges

Sensex retreats from record high as profit-booking emergesMumbai - Snapping the nine-day winning streak, the BSE benchmark Sensex on Thursday retreated from record high to trade 74 points lower in early trade today on emergence of profit-booking, mainly in realty, capital goods, infra and oil and gas sector stocks amid weak Asian cues.

The 30-share Sensex, after surging by 825 points in the past eight sessions, fell by 74.28, or 0.27 percent, to 27,065.66 in morning trade. The gauge had closed at record high of 27,139.94 after hitting an all-time intra-day high of 27,225.85 on Wednesday.

Sensex hits new record-high of 27,148.90; Nifty at 8,119.80

Sensex upMumbai: Continuing its rising streak for the ninth straight session, the benchmark BSE Sensex rose over 129 points to hit a new high of 27,148.90 in opening trade on Wednesday on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.

The 30-share index, which had gained over 705 points in the previous eight sessions, gathered another 129.51 points, or 0.47 percent, to trade at a new peak of 27,148.90, surpassing its earlier record of 27,082.85 touched on Tuesday (intra-day).

Sensex, Nifty on record-breaking spree

sensex upMumbai: Continuing their record-setting streak, markets on Tuesday hit new highs with the BSE Sensex scaling another peak of 26,949.08 and the NSE Nifty soaring to 8,047.80 in opening trade on sustained capital inflows buoyed by positive economic data.

The benchmark BSE Sensex climbed 81.53 points, or 0.30 per cent, to trade at a new high of 26,949.08, breaking its previous record of 26,900.30 reached on Monday. The benchmark index had gained 553.44 points in the previous seven sessions.

BSE gets SEBI, CCI go-ahead for USE takeover

BSEMumbai : Markets regulator Securities and Exchange Board of India (SEBI) and the fair trade watchdog Competition Commission (CCI) have approved the merger of United Stock Exchange of India with the BSE, making it the first merger of two exchanges in the country, the premier bourse said Monday.

For the merger to go ahead, however, the exchanges will have to secure the approval from the Bombay High Court as well, where the proposal is pending.

The merger of the struggling currency bourse USE will see BSE adding its 27 state-run banks and some private and foreign banks as its shareholders. The BSE is already the single largest shareholder in USE with

Nifty breaches 8,000-mark for first time; Sensex hits new peak

SensexMumbai: Continuing their record setting spree, the NSE Nifty breached the 8,000-mark for the first time ever and BSE Sensex logged a new peak of 26,812.69 in opening trade on Monday on the back of positive economic growth data for the April-June quarter.

The National Stock Exchange index Nifty crossed the 8,000-level for the first time and surged to trade at a new peak of 8,018.65, up by 64.30 points, or 0.80 percent. Its previous all-time high was 7,968.25 hit on August 25.

Besides, a mixed trend in the Asian region also influenced trading sentiments here.

Sensex extends gains for 5th straight day, trading over 26,500 mark

Sensex GainsMumbai: Rising for the fifth consecutive session, the benchmark BSE Sensex today moved up further by 142 points in early trade on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.

The 30-share index, which had gained over 128 points in the previous four sessions, gathered another 142.51 points, or 0.54 percent, to 26,585.32.

All the sectoral indices, led by consumer durables, realty and PSU, were trading in positive zone, rising up to 1.40 percent.

The NSE Nifty also shot up by 39.80 points, or 0.50 percent, to 7,944.55.

Sensex off record highs, down 105 points in early trade

Sensex off record highs, down 105 points in early tradeMumbai - Retreating from record highs, the benchmark BSE Sensex fell over 105 points in early trade on Tuesday with metal, auto and power sector stocks leading the fall, triggered by negative domestic cues amidst a weak trend in Asian trade.

The 30-share barometer fell by 105.19, or 0.39 percent, to 26,331.83.

Yesterday, the gauge closed at a fresh life-time high of 26,437.02 after climbing to an intra-day record high of 26,630.74.

Sensex hits new record high of 26,582.27; Nifty at 7,957.70

Sensex upMumbai: The BSE Sensex and the NSE Nifty soared to hit new all-time high of 26,582.27 and 7,957.70 points in early trade Monday with stocks of healthcare, banking and oil & gas leading the rally on sustained fund inflows amidst a mixed Asian trend.

The 30-share index, which had gained over 105 points in the previous two sessions, gathered another 162.72 points, or 0.61 percent, to hit a new record high of 26,582.27, breaching its earlier peak of 26,530.67 reached on August
19.

All the sectoral indices were trading in positive zone with gains up to 0.73 percent.

Top six Sensex cos add Rs 47,825.79 cr in market valuation

Top six Sensex cos add Rs 47,825.79 cr in market valuationNew Delhi - Six of the top-10 most valued Indian companies together added Rs 47,825.79 crore in market valuation, with ONGC and SBI emerging as the biggest gainers.

While ONGC, CIL, HDFC Bank, SBI, ICICI Bank and Sun Pharmaceutical saw gains in their market-capitalisation (m-cap), TCS, RIL, ITC and Infosys suffered losses on the other hand.

The m-cap of ONGC surged Rs 14,458.78 crore to Rs 3,65,191.10 crore, while that of SBI zoomed Rs 12,079.56 crore to Rs 1,88,405.19 crore.

Sensex up 111 points; Nifty touches new peak of 7,924

Sensex upMumbai: The benchmark BSE Sensex rose over 111 points and the NSE Nifty soared to a new life-time high of 7,924.90 in early trade on Friday as IT, oil & gas, power and consumer durable stocks led the rally on sustained capital inflows.

Besides, a firming trend overseas also buoyed market sentiments.

The BSE 30-share barometer spurted by 111.09 points, or 0.42 percent, to trade at 26,471.20, approaching its life-time high of 26,530.67 reached on August 19. It had gained 45.82 points in yesterday's session.

All the sectoral indices were trading in positive zone with gains up to 0.70 percent.

Sensex rises 56 points in early trade

Sensex rises 56 points in early tradeMumbai - The benchmark BSE Sensex recovered over 56 points in early trade on Thursday on emergence of buying by funds and retail investors amid a mixed trend in global markets.

The 30-share index rose 56.30 points, or 0.21 percent, to 26,370.59 with sectoral indices, led by consumer durables, IT, oil & gas, realty and auto gaining up to 1.95 percent.

The index had lost 106.38 points in the previous session after profit-taking emerged at record levels.

The National Stock Exchange index Nifty also gained 14.55 points, or 0.18 percent, to trade at 7,889.85.

Sensex slips into negative zone; down 76 points on profit-booking

Sensex slips into negative zone; down 76 points on profit-bookingMumbai - Markets struggled to maintain lead as profit-booking in key sectors dragged the benchmark BSE Sensex down by 76.49 points in morning trade on Wednesday.

There was profit-booking in FMCG, auto, realty, banks, capital goods and consumer durable sector stocks that made the 30-share index fall.

Earlier, the Sensex traded positive and the Nifty once again breached the 7,900-level on sentiments bolstered by higher global cues and sustained FII buying.

HSBC says time not ripe for overweight on Dalal Street

HSBC says time not ripe for overweight on Dalal StreetMumbai - British brokerage HSBC Tuesday retained its 'neutral weighting' on the domestic market saying the time is not yet right for it to change its outlook.

"We don't think the time is yet right for us to change our neutral weighting on Indian equities. Valuations still look high and mutual funds are still very overweight on the market," HSBC Global Research said in a report.

Sensex extends gains for 7th straight day, trading over 26,400 level

SensexMumbai: Continuing its winning spree for the seventh straight day, the benchmark BSE Sensex rose 36 points in early trade on Wednesday as healthcare, IT, infrastructure and consumer durable sector stocks led the rally on the back of sustained capital inflows.

The BSE 30-share barometer rose 36.00 points, or 0.14 percent, to trade at 26,456.67. The gauge had gained over 1,090 points in the previous six sessions.

The NSE Nifty also maintained its rising trend and moved up further by 6.50 points, or 0.08 percent, to trade at 7,904.00.

European stock markets rise at open

European stock markets riseEurope`s main stock markets rose at the start of trading on Tuesday, extending a surge on Monday.

London`s benchmark FTSE 100 index opened 0.32-percent higher at 6,762.64 points and Frankfurt`s DAX 30 gained 0.33 percent to 9,276.19 points.

The CAC 40 index in Paris advanced 0.31 percent to stand at 4,243.83 compared with Monday`s close.

European stock markets had rebounded sharply on Monday on easing investor concerns over the unrest in east Ukraine and Iraq.

Sensex hits new high of 26,520.73; Nifty breaches 7,900-mark

SensexMumbai: Continuing their rising spree for the sixth straight day, the BSE Sensex and NSE Nifty on Monday hit new records of 26,520.73 and 7,912.05 respectively in opening trade on robust buying by foreign funds coupled with firming trend overseas.

The BSE 30-share barometer spurted by 129.77 points, or 0.46 percent, to hit yet another record high of 26,520.73, crossing its previous high of 26,413.11 touched yesterday. The gauge had gained 1,061.82 points in the past five sessions.

All sectoral indices led by metal and capital goods were trading in positive zone with gains up to 1.33 percent.

Market expert predicts Sensex will cross 28000 by Diwali

BSE-SensexNew Delhi, Aug 18 : Market expert Akash Jindal has predicted that the Bombay Stock Exchange's Sensex will cross 28000 points by Diwali and 30000 points by the New Year.

Talking to ANI, Jindal said, "Because of the Modi Government, investors are looking at India with a lot of confidence, whether domestic or international investors, FIIs or FDIs. Some factors which are essential have gone up - car sales have gone up in the last three months and job recruitments have also increased."

Sensex snaps 4-session gains on profit-booking

SensexMumbai: The benchmark BSE Sensex fell over 14 points in early trade on Monday as funds and retail investors booked profits after four sessions of gains amid a mixed trend in other Asian markets.

The 30-share barometer, which had gained 774.09 points in the previous four sessions, shed 14.47 points, or 0.06 percent, to 26,088.76, led by weakness in FMCG, IT, realty and tech sector stocks.

Similarly, the National Stock Exchange index Nifty lost 5.10 points, or 0.07 percent, to 7,786.60.

MCX seeks exemption from divesting stake in MCX-SX

MCXNew Delhi : Commodity bourse MCX on Wednesday said it has written to Sebi seeking exemption from divesting its entire stake in stock exchange MCX-SX saying the company is no longer acting in concert with erstwhile promoter Financial Technologies.

In the wake of Rs 5,600 crore payment crisis at National Spot Exchange Ltd (NSEL), promoted by Jignesh Shah-led Financial Technologies (India) Ltd, Sebi had directed MCX to divest its stake in MCX-SX as well as MCX-SX Clearing Corporation Ltd.

Sensex snaps 2-day winning streak, slips in early trade

Sensex fellMumbai: Snapping its two-day winning streak, the benchmark BSE Sensex fell over 30 points in early trade today after industrial production declined to 3.4 percent in June and retail inflation rose to 7.96 percent in July.

The 30-share barometer fell by 30.26 points, or 0.11 percent, to 25,850.51 with power, capital goods, realty, consumer durables and banking sector stocks leading the fall.

The index had gained 551.63 points in the previous two sessions.

Similarly, the National Stock Exchange index Nifty moved down by 15.25 points, or 0.19 percent, to 7,711.80.




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