Stock Markets

Global Worries Hit Bourses; Sensex, Nifty Break Up

BSE SensexWith weak worldwide markets activating a substantial sales event, the Sensex plunged over 650 p

Japan`s Central Bank Interjects More Funds In Money Market

Central Bank of JapanIn a bid, Japan`s central bank pumped-up 400 billion yen into money markets to control an advancement in short-term interest rates accompanying immense withdrawals in the last two days.

This is the bank’s third activity in the last 7 days amongst international concerns about US mortgages crisis.

Buy Bharti Airtel, RIL, SBI For Steady Gains - PN Vijay

Portfolio Manager PN VijayPortfolio Manager, PN Vijay suggests investors to purchase Bharti Airtel, State Bank of India, SBI, Reliance Industries with a 6-12 month outlook.

SBI Melts Down 4.46%, Markets Weak

In early trading, State Bank of India (SBI) is quoting at Rs 1,542.90, depressed Rs 72, or 4.46%. It also touched an intraday high of Rs 1,585 and an intraday low of Rs 1,518.60.

Advanta India Shoots Up Smartly

Advanta India LimitedIn early trading (10:02 am), Advanta India is quoting at Rs 856, up Rs 65.85, or 8.33%. It is swapping with volume of 7,271 shares.

Yesterday the share gained 1.12% at Rs 790.15 on closing.

During the day, the stock also touched an intraday high of Rs 870 and an intraday low of Rs 800.

Stock Market To Track Global Signs On Thursday - Technical Analysts

Rohit Mehta, head equities, Dimpi Investments said that yesterday the stock market caught stock specific trends only and closed after losing 16 points. There was no major action in the stock market. But, fertilizer sector did well.

He anticipates market to obtain clues from the international markets in Thursday’s trading session. For the next 10 days, worldwide markets would be directing Indian market motility. He is confident on Nagarjuna Fertilizer for the coming trading session.

Vishal Lakhani, senior dealer, Networth Stock Broking stated that yesterday, the market stayed unconditional, as no major buying was figured. There was no large volume, excepting the power sector companies including Reliance Energy, Tata Power and NTPC.

Pages