Sensex Declines For Second Consecutive Week On Earnings And Negative Signals
Submitted by Sumeet Kak on Sun, 05/06/2012 - 16:50.
Fears over feeble earning outcomes, pessimistic global signals and a doubtful regulatory atmosphere weighed heavy on Indian bourses as a benchmark index ended down by 356.26 points for the second consecutive week ended May 4, 2012.
The 30-share index BSE Sensex ended 356.26 points down at 16,831.08 as against its previous weekly close at 17,187.34.
The borad-based Nifty also closed in the negative after shedding 2.34% to settle the week at 5,086.85.
It Will Be Hard For Bulls To Revive, Says Ashwani Gujral
Submitted by Divesh Sharma on Sat, 05/05/2012 - 16:28.
The 30-share index BSE Sensex closed below 17,000 on May 04, after the Indian currency dropped further versus the US currency and proposes to appraise tax pact with Mauritius dulled investor outlook, on selling force in banking institutions and index heavyweights.
Banks saw huge selling strain after Macquarie in a report stated that the central banking institution (RBI) directives to meet up Basel III rules could result in an equity dilution in banks of about $30-35 billion by the next five years.
Oil India May Reach 465 Levels, Says Prakash Gaba
Submitted by Keshav Seth on Sat, 05/05/2012 - 16:23.
Technical analyst Prakash Gaba said that the stock of Oil India is feeble and slumping.
There is no indication of strength as yet, he added.
But, the risk reward proportion is positive for capitalists.
Mr. Gaba said that there is a possibility that it can reach 465 levels.
"But I must say there is no sign of strength. Investors may have a stop below 450. It is a good level for Oil India to bounce back," he added.
Sensex Declines 105.97 Pts; Nifty At 5,154.90
Submitted by Divesh Sharma on Fri, 05/04/2012 - 16:24.
Indian stock markets continued to decline for the third consecutive day on Friday.
At 11:05 a. m., the 30-share index Sensex declined 105.97 points (0.62%) to rule at 17,045.22 with 21 components in the red.
In the meantime, the broad-based Nifty shed 33.50 points (0.65%) to trade at 5,154.90 with 38 components declining.
The BSE Sensex belled the day after dropping 84.35 points at 17,066.84, whereas Nifty began with a decline of 21.75 points at 5,166.65.
Sensex falls 126 points; auto, realty stocks slump
Submitted by Dalbir Sahota on Thu, 05/03/2012 - 16:20.
Mumbai, May 3 - A benchmark index for Indian equities markets was trading 126 points down at around noon Thursday, led by selling pressure in auto, realty and banking stocks due to sluggish global cues.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 17,271.77 points, was ruling at 17,176.12 points at the noon trade, down 0.73 percent or 125.79 points from its previous close at 17,301.91 points.
The Sensex touched a high of 17,271.77 points and low of 17,148.66 points in the intra-day.
Profit booking bring down stocks
Submitted by Divesh Sharma on Thu, 05/03/2012 - 11:11.
Analysts say that the profit booking has pulled down the benchmark indices in the domestic stock exchanges in the day's trade today from their intraday high levels.
The Benchmark, Sensex index of the Bombay Stock (BSE) was trading 12 points higher at 17,330 while the broader Nifty index traded 2 points lower at 5,246. The Sensex was trading about 100 points below the day's high and Nifty was 30 points below the intraday high at the time of reporting this morning.
Sensex up 71 points in afternoon trade
Submitted by Dalbir Sahota on Wed, 05/02/2012 - 16:13.
Mumbai, May 2 - A benchmark index for Indian equities markets was trading 70.90 points higher in the afternoon session Wednesday, led by good buying support for consumer durables, bank and information technology (IT) stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,370.93 points, was ruling at 17,389.71 points around noon, up 0.41 percent or 70.90 points from its previous close at 17,318.81 points.
Sensex up 160.85 points in afternoon trade
Submitted by Dalbir Sahota on Mon, 04/30/2012 - 16:32.
Mumbai, April 30 - A benchmark index for Indian equities markets was trading 160.85 points higher in the afternoon session Monday, led by good buying support for information technology (IT) and bank scrips.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,195.51 points, was ruling at 17,348.19 points around noon, up 0.94 percent or 160.85 points from its previous close at 17,187.34 points.
TCS Buy Call by Angel Broking
Submitted by Divesh Sharma on Thu, 04/26/2012 - 22:42.
Research major Angel Broking has suggested buy call for technology counter TCS with a target of Rs 1276. TCS declared better than expected results for Q4 few days back.
The company management also issued positive guidance for future quarters. The stock is expected to be re-rated by stock market analysts. The company management has expressed confidence that they will go beyond targets and perform better than industry estimates.
The stock jumped after the results. TCS has touched 52-week high of Rs 1280 and 52-week low of Rs 902.
Sensex rises 100 points; TCS, Wipro surge
Submitted by Dalbir Sahota on Tue, 04/24/2012 - 16:45.
Mumbai, April 24 : A benchmark index for Indian equities markets was trading 100 points higher in the afternoon session Tuesday, led by more than 12 percent surge in the share price of Tata Consultancy Services (TCS).
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,154.75 points, was ruling at 17,195.82 points in the afternoon session, up 0.58 percent or 99.14 points from its previous close at 17,096.68 points.
Sensex down 21.31 points in the afternoon trade
Submitted by Dalbir Sahota on Mon, 04/23/2012 - 15:45.
Mumbai, April 23 : A benchmark index for Indian equities markets was trading 21.31 points or 0.12 percent down Monday, amidst a choppy session ruled by major selling pressure.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,347.76 points, was ruling 17,352.53 points around 11.45 a. m., down 0.12 percent or 21.31 points from its previous close at 17,373.84 points.
India's Sensex down after previous rallies
Submitted by Dalbir Sahota on Fri, 04/20/2012 - 15:37.
Mumbai, April 20 - Indian equities were ruling in the red intra-day Friday after a key index opened lower, after rising more than 400 points this week due largely to the favourable monetary policy announced by the central bank three days ago.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,459.72 points, against the previous close at 17,503.71 points. After moving to an intra-day high of 17,507.90 points and a low of 17,442.23 points, it was ruling at 17,480.13 points.
Sensex rises 100 points in the afternoon trade
Submitted by Dalbir Sahota on Wed, 04/18/2012 - 17:23.
Mumbai, April 18 - A benchmark index for Indian equities markets was trading 100 points or 0.58 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced the cut in interest rates.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,447.26 points, was ruling 17,458.36 points around 12.30 p. m., up 0.58 percent or 100.42 points from its previous close at 17,357.94 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange was trading 0.61 percent or 32.50 points higher at 5,322.20 points.
Sensex slumps 220 points on weak Asian cues
Submitted by Dalbir Sahota on Mon, 04/09/2012 - 18:09.
Mumbai, April 9 : A benchmark index for Indian equities markets fell 220 points in the afternoon trading Monday on sustained selling pressure due to weak cues from Asian peers.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 17,407.66 points, was ruling 1.25 percent or 218.19 points down at 17,267.83 points in the afternoon session.
The Sensex touched a low of 17,243.69 points and a high of 17,407.66 points in intra-day.
Sensex rises 150 points; oil and gas, banking stocks rally
Submitted by Dalbir Sahota on Tue, 04/03/2012 - 17:38.
Mumbai, April 3 : A benchmark index for Indian equities markets was trading 150 points higher in the afternoon session Tuesday, led by good buying support in oil and gas, banking and metal stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,576.21 points, was ruling 17,628.18 points just after the noon trade, up 0.86 percent or 150.03 points from its previous close at 17,478.15 points.
Sensex gains 100 points; DLF, NTPC rise
Submitted by Dalbir Sahota on Mon, 04/02/2012 - 17:58.
Mumbai, April 2 - A benchmark index for Indian equities markets was trading with a gain of nearly 100 points in the afternoon session Monday on the back of good buying support in real estate and banking stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,429.96 points, was ruling 17,501.44 points in the afternoon session, up 0.56 percent or 97.24 points from its previous close at 17,404.20 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange was trading 0.38 percent higher at 5,315.70 points.
Sensex in red in afternoon trade, consumer durables slip
Submitted by Dalbir Sahota on Wed, 03/28/2012 - 17:44.
Mumbai, March 28 - A benchmark index for Indian equities was ruling in the negative in afternoon trade Wednesday amid range-bound volatility. Consumer durables, realty and banking stocks were fared the worst.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,234.48 points, was ruling at 17,169.26 points around 1.15 p. m., down 88.1 points or 0.51 percent compared to its previous close at 17,257.36 points.
Sensex in see-saw trade, consumer durables, realty stocks up
Submitted by Dalbir Sahota on Tue, 03/27/2012 - 17:46.
Mumbai, March 27 - A benchmark index for Indian equities markets was trading in the green around Tuesday noon amid positive Asian cues and volatility.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,209.13 points, was ruling at 17,113.94 points around 12.20 p. m., up 61.16 points or 0.36 percent compared to its previous close at 17,052.78 points.
The Sensex had risen to an intra-day high of 17,230.34 points and a low of 17,061.16 points.
Sensex in red, realty, banking under selling
Submitted by Dalbir Sahota on Mon, 03/26/2012 - 17:12.
Mumbai, March 26 - Indian equities markets were trading in the red Monday noon with realty, banking and power stocks under selling pressure amid weak cues from other Asian bourses.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,377.59 points, was ruling at 17,128.92 points around 12.20 p. m., down 232.82 points or 1.34 percent compared to its previous close at 17,361.74 points.
The Sensex had closed lower Friday, logging its fifth consecutive weekly loss.
Sensex off day's highs, holding in green
Submitted by Dalbir Sahota on Tue, 03/20/2012 - 16:20.
Mumbai, March 20 - A benchmark index for Indian markets Tuesday was ruling 76 points higher in noon trade, slipping from the day's highs, but still supported by gaining consumer durables and FMCG stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,308.89 points and was ruling at 17,350 points around 12 p. m., up 76.63 points or 0.44 percent compared to its previous close at 17,273.37 points.
The Sensex had moved 137 points in morning trade to a high of 17,410.13 points.
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