The 30-share index BSE Sensex closed the week on a flat note on May 25, as state-controlled oil firms dropped on worries this week's petrol price increase would be partly rolled back, casting questions about a potential augmentation in other fuels like diesel.

The Sensex surged 0.4% for the week, snapping four successive weeks of losses, as investors witnessed the recent sharp sell-down as overdone, but the viewpoint stays deeply cautious.

Mumbai, May 25 : A benchmark index for Indian equities markets was trading 35.68 points down around 12.30 p. m. Friday on heavy selling pressure in consumer durable, oil and gas and automobile stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,186.62 points, down by 0.22 percent or 35.68 points down from its previous close of 16,222.30 points.

The Sensex touched a high of 16,213.24 points and a low of 16,118.35 points in the intra-day trade. The Sensex midcap was up 25.81 points but smallcap was up 31.96 points.

Mumbai, May 24: A benchmark index of Indian equities markets was trading 222.60 points higher around 12.30 p. m. Thursday on a healthy buying spree in bank, oil and gas and metals stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,170.70 points, up by 222.60 points or 1.40 percent from its previous close of 15,948.10 points.

The Sensex touched a high of 16,172.16 points and a low of 15,934.77 points in the intra-day trade. The Sensex midcap was up by 30.38 points but smallcap was up 34.83 points.

Mumbai, May 23 - A benchmark index for Indian equities markets was trading 119.32 points down around 12.15 p. m. Wednesday on heavy selling pressure in consumer durable, automobile and power stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 15,907.09 points, down by 0.74 percent or 119.32 points from its previous close of 16,026.41 points.

Mumbai, May 22 - A benchmark index for Indian equities markets was trading down 26.46 points around 1.30 p. m. Tuesday on heavy selling pressure in capital goods, fast moving consumer goods (FMCG) and healthcare stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,156.80 points, down by 0.16 percent or 26.46 points from its previous close of 16,183.26 points.

The Sensex touched a high of 16,366.72 points and a low of 16,120.70 points in the intra-day trade. The Sensex midcap was down 3.37 points but smallcap was up 3.37 points.

Mumbai, May 21 - A benchmark index for Indian equities markets was trading high around 12:30 p. m. Monday on account of buying activity picking up in capital goods, banking and realty index.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,216.08 points, up by 0.39 percent or 63.33 points from its previous close of 16,152.75 points.

Rubbing out intra-day losses of more than 260 points, the 30-share index BSE Sensex, on Friday, closed the week on a positive note.

The BSE Sensex gained 82 points to end above the psychological 16,000 mark on emergence of value-buying in fundamentally strong scrips headed by State Bank of India and a spiky recovery in the Indian currency from all-time lows.

The Sensex, which dropped to 15,809.71 during morning trade on Friday, regained 82.27 points, or 0.51% to end the day at 16,152.75.

The 30-share index BSE Sensex lost more than 200 points to drop below the 16K mark for the second time during the existing week.

Bourses saw huge selling pressure after pessimistic news from Europe and the US resulted in a worldwide sell off in risk assets.

Indian currency hit a new low, further appending pressure on equities.

At 09:30 a. m., the broad-based Nifty index remained 60 points down at 4,810.

The BSE Sensex and NSE Nifty remained 1% up during early trade headed by short covering in the majority of beaten down stocks.

Scrips from bank, metal, automobile and FMCG sections witnessed buying interest in today’s session.

Index heavyweight Reliance Industries remained up by 1%.

The BSE benchmark surged 178.78 points to rule at 16,208.87, backed by 27 components.

In the meantime, the NSE benchmark surged 53.8 points to 4,912.05.

Mumbai, May 16 - A benchmark index for Indian equities markets was trading over 324 points low from its previous close around 12:15 p. m. Wednesday as automobile, metal and power stocks came under intense selling pressure.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,003.77 points, down by 1.99 percent or 324.48 points from its previous close of 16,328.25 points.

The Sensex touched a high of 16,132.68 points and a low of 15,978.35 points in the intra-day trade. The sensex midcap was down 76.73 points and smallcap was down by 81.16 points.

The Sensex hit the day's high as buying action gained momentum in capital goods, banking, technology and metals stocks.

The partially convertible Indian currency remained at 53.84 a dollar after surging 13 paise as compared to its last closure of 53.97.

At 12:00 p. m., the 30-share index BSE Sensex gained 106.08 points at 16,321.92. The stock index has also hit an intraday peak of 16,345.85 and an intraday low of 16,123.04 today.

Mumbai, May 14 - A benchmark index for Indian equities markets was trading 89.56 points down around 12.50 p. m. Monday, 0.56 percent down from its previous close.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 16,210.92 points, down by 0.50 percent or 82.06 points from its previous close of 16,292.98 points.

The Sensex touched a high of 16,390.33 points and a low of 16,187.39 in the intra-day trade. The Sensex midcap was down 48.57 points and smallcap by 36.26 points.

The 30-share index BSE Sensex continued to rule sharply lower during noon owing to decline in ITC and Infosys.

L&T, ONGC and ICICI Bank remained under heavy pressure.

Pharma scrips hit quite poorly today, with the BSE Healthcare Index dropping 1.7%.

Ranbaxy Labs headed the selling list, shedding more than 5% whereas Sun Pharma dropped 3%. Dr Reddy's Labs was down 2% prior to March quarter income.

Poor industrial output facts for March and decline in European bouses mattered.

France's CAC and Britain's FTSE declined 0.5-1%.

The BSE Sensex and NSE Nifty recovered losses headed by rally in capital goods scrips, and TCS and ITC.

But, the upside was capped owing to decline in SBI, ICICI Bank, Infosys and RIL.

Even The Indian currency made recovery from the day's low of 53.63 per dollar to rule at 53.46 per dollar, down 34 paise.

The BSE Sensex added up 47.18 points to trade at 16,593.36, which lost over 600 points since Friday.

In the meantime, the NSE Nifty clawed back over the 5000 level to rule at 5,009.25 after surging 9.30 points.

Mumbai, May 8 - A benchmark index for Indian equities markets was trading marginally down at around 11.30 a. m. Tuesday, led by selling pressure in information technology (IT) and capital goods and auto stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 16,915.71 points, was ruling at 16,878.36 points at 11.30 a. m., down by 0.20 percent or 34.35 points from its previous close of 16,912.71 points.

The BSE benchmark Sensex lost 141 points during the late morning trade following fresh selling pressure primarily in IT and Tech segments after technology services company Cognizant brought down its revenue guidance for 2012.

Brokers stated that the fresh capital outflows from foreign funds also have an effect upon the market outlook.

Country's biggest software services exporter by profits Tata Consultancy Services shed 3.82% to Rs 1,225.25 and remained the main loser from the 30-scrip BSE index, Sensex.

Brokerage House Merrill Lynch has given a buy call for Exide Industries. The company came out with disappointing numbers in recent quarter however that was mainly due to higher inventory cost.

Going forward, the company is expected to perform better. In addition, with more advertising spends and marketing boost, the upcoming quarters could be better as sales are expected to pick up in summer season.

Modern Shares technical expert Anil Manghnani has suggested buy call for Tata Motors on every decline.

He feels that Rs 285 will be a good point to enter the stock and add on every decline. Tata Motors is hovering around its 52-week high of Rs 320 these days.

Indian stock markets recovered today after a negative start. Indian currency also gained against USD after RBI took action to keep USD under control.

In recent developments, Fiat has ended its distribution contract with Tata Motors. Tata Motors also witnessed a fall of 7 per cent in sales during April 2012.

Stock Market expert Anil Manghnani expressed during an interview with business news channel CNBC-TV18 that technology major Infosys can see a decline to Rs 2300 level.

He further expressed that Infosys might get weak at Rs 2500-2600 level and may witness selling pressure. After results of other technology majors, they are looking better in terms of valuations as compared to Infosys Technologies.

Mr. Anil Manghnani added that at current price of Rs 2437, Infosys is trading with P/E of 16.5.

Mumbai, May 7 - A benchmark index for Indian equities markets was trading 301.66 points down at around noon Monday, led by selling pressure in banking, consumer goods, metals and auto stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 16,620.44 points, was ruling at 16,529.42 points at noon trade, down by 1.79 percent or 301.66 points from its previous close at 16,831.08 points.