Stock Markets

Sun to replace Satyam in BSE

Sun to replace Satyam in BSEThe largest drug maker by market value, Sun Pharmaceutical is all set to replace Satyam Computer's stocks at the Bombay Stock Exchange (BSE) from January 12. BSE has expelled Satyam Computer Services from all equity indices of the stock exchange following disclosure of biggest ever corporate fraud by Satyam promoter B Ramalinga Raju and some executives.

Arab bourses rebound amid concerns over annual corporate results

Arab Stock MarketAmman- Arab stock markets rebounded this week after the year- end holiday, but financial analysts said Friday that the rally could be short-lived when annual results of listed firms start to come out.

"I believe the rebound was in response to improving performance on world markets and the jump in oil prices that accompanied the Israeli attack on the Gaza Strip," an Amman-based portfolio manager told Deutsche Presse-Agentur dpa.

Sensex Down 126.02 Pts; TCS, HUL Surge

Sensex Down 126.02 Pts; TCS, HUL SurgeDespite easing inflationary figures, the Sensex continued to move in a sluggish manner.

Metal, realty and consumer goods traded weak, whereas IT, auto and FMCG stocks went up.

BSE Midcap and Smallcap index declined 2.73% and 3.05% respectively.

Among the sectoral indices, BSE Metal declined 6.88%, BSE Realty fell 5.17%, BSE Consumer goods lost more than 4%. But, BSE IT zoomed 2.60%, Auto and FMCG gained more than 1% each.

The 30-share index, BSE Sensex, today (Jan 09), opened on a lower note at 9,434.85, down 152.03 points.

Tokyo stocks end lower on economic worry

Tokyo stocks end lower on economic worryTokyo  - Stocks ended lower Friday in Tokyo as anxiety over the economy returned ahead of US job data.

The Nikkei 225 Stock Average declined 39.62 points, or 0.45 per cent, to close at 8,836.8.

The broader Topix index of all First Section issues was also down 5.87 points, or 0.68 per cent, to 855.02.

On the currency markets at midday (0300 GMT), the dollar traded at 91.20-25 yen, down from Thursday's 5 pm quote of 91.76-77 yen.

Sensex Nosedives 221.82 Pts At 9,365.06

Sensex Nosedives 221.82 Pts At 9,365.06After witnessing a heavy fall of over 700 points on Wednesday (Jan 07), Indian equities, today (Jan 09), opened on a lower note at 9,434.85, down 152.03 points.

Consumer goods and realty stocks have taken a severe beating.

Hammered by the worst ever company scam in India, shares of Satyam Computer Services (at 10:00 a.m.) stood at Rs 13.50, down Rs 26.45 at the BSE. The scrip also touched an intra-day high of Rs 32.00 and low of Rs 11.50. On Wednesday (Jan 07), the shares declined 77.69 at Rs 39.95.

Tokyo stocks end morning lower on economic worry

Tokyo stocks end morning lower on economic worryTokyo - Stocks gave up early gains to end Friday's morning session lower in Tokyo as anxiety over the economy returned ahead of US job data.

The Nikkei 225 Stock Average dipped 83.7 points, or 0.94 per cent, to 8,792.72.

The broader Topix index of all First Section issues was also down 11.1 points, or 1.29 per cent, to 849.79.

On the currency markets at 9 am (0000 GMT), the dollar traded at 91.35-40 yen, down from Thursday's 5 pm quote of 91.76-77 yen.

Pages