Mumbai: Key equity benchmarks plunged 2 per cent on Monday, the biggest single day fall in more than a year, with brokers attributing the crash to profit taking after the recent run up. Signs of a recovery in the US economy also made investors jittery as they feel a portion of global liquidity flows could ease as the Federal Reserve starts tightening its monetary policy.
The BSE Sensex closed at 19691.67, down 430 points over the previous close. The Nifty closed at 5980.45, down 127 points over the previous close. FMCG, metal and capital goods shares were the worst performers, as investors targeted stocks that had run up the most in the recent rally.
ITC topped the list of frontline losers, shedding over 5 per cent. Sterlite, GAIL, BHEL, Larsen & Toubroa, Tata Motors, Bharti Airtel and Tata Steel were the other big losers, falling 3-4 per cent.
Economic data released on Monday was a mixed bag with consumer price index-based inflation easing for the second straight month, but trade deficit for April jumping due to higher gold imports....
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09:34 AM, May 13, 2013
Mumbai: Key equity benchmarks closed in red on the first day of the new derivatives expiry.Indices have gained over 6 per cent in the last fortnight and seems like traders have lightened their positions in the realty and banking stocks ahead of the monetary policy review on May 3. IT stocks were biggest laggards this week. The Sensex closed at 19286.72 down 120 points and the Nifty ended at 5871.45...
10:03 AM, Apr 26, 2013
Shares rallied on Tuesday after a sedate start, with investors appearing to have regained their appetite for midcap stocks. The BSE Sensex finished above the psychological 19,000-mark, up 176 points over its previous close. The Nifty rose 43 points to close at 5748. ...
09:42 AM, Apr 02, 2013
Equity benchmarks ended marginally higher on Monday even as macro indicators showed that the economy is yet to turn. The Sensex rose 29 points to close at 18865 and the Nifty gained 22 points to close at 5704. Mid and small cap shares were the star performers of the day. ...
09:56 AM, Apr 01, 2013
A battered Bombay Stock Exchange was one of the most evocative images of the 1993 bomb blasts. Twenty years on, on the day of the verdict on Thursday, it was business at the stock exchange as usual. But for some, the wounds have still not healed. Kirti Ajmera, a stockbroker who underwent nearly 40 surgeries after being grievously injured in the blasts, says the Supreme Court's verdict has not brought...
07:37 PM, Mar 21, 2013
Key equity benchmarks ended trade in the red however off the day's low. The BSE Sensex closed down 61.97 points at 19435.21 after touching an intraday low of 19,381.82. ...
09:39 AM, Feb 15, 2013
Investors dumped shares of mid and small cap companies amid a sell-off that intensified in realty firm HDIL. Dealers attributed the panic to a mix of negative news and disappointing quarterly numbers, causing investors to question the rich valuations most stocks are enjoying. ...
10:19 AM, Jan 24, 2013
The BSE Sensex edged higher on Friday to touch two-year high as oil companies such as ONGC rose on hopes a proposed change in the government's pricing formulas would boost gas prices, while IT stocks rose on expectations for a better 2013. ...
09:53 AM, Jan 04, 2013
The BSE Sensex edged higher on Thursday for a third consecutive session of gains, closing at 19764.78, as technology stocks, such as Infosys, advanced on expectations for better-than-expected quarterly earnings results. ...
09:44 AM, Jan 03, 2013
The BSE Sensex is up 0.25 per cent and the Nifty gains 0.17 per cent higher, tracking steady Asian markets. Export-driven technology shares leading gains on the back of short covering as recent underperformance was seen overdone. ...
01:09 PM, Dec 24, 2012
The BSE Sensex provisionally rose on Monday led by gains in Tata Motors that extended its recent rally on hopes of improved sales at its key unit Jaguar Land Rover and as short-covering helped gains in technology shares such as Infosys. ...
10:24 AM, Dec 24, 2012
The Bombay Stock Exchange benchmark Sensex on Wednesday closed 111 points higher on continued buying in banking and auto stocks after the Parliament passed the banking bill that paves way for foreign investments in the sector and establishment of new private banks. Rising for the second straight day, the index closed 111.25 points up, or 0.57 per cent, at 19,476, after touching a high of 19,516.02. ...
04:40 PM, Dec 19, 2012
Leading bourse Bombay Stock Exchange has extended its lead as the world's top exchange in terms of the number of listed companies, outpacing the major global peers like NYSE, Nasdaq and London Stock Exchange by almost 100 per cent. ...
03:20 PM, Nov 25, 2012
Mumbai: The "muhurat" trading session will be conducted for 75 minutes on Tuesday, the Diwali day, on leading bourses NSE and BSE. The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the new year for traders as per the Hindu calendar, or Samwat 2069. The tradition of muhurat trading dates back over a century. Trading would...
08:26 PM, Nov 12, 2012
Mumbai: BSE Sensex ended flat on Saturday in a special session conducted by the exchange to test a disaster recovery software programme. The benchmark BSE index closed 65.92 points or 0.37 per cent higher at 17,749.65 points, advancing 2 per cent over the week. The 50-share NSE Nifty was 16.60 or 0.31 per cent higher at 5,358.70 points on Saturday. The Bombay Stock Exchange (BSE) tested its disaster recovery software...
12:25 PM, Sep 08, 2012
Mumbai: Led by ICICI Bank and RIL, the Sensex on Friday surged over 337 points - the biggest single day gain in two months - on all-round buying by funds after European Central Bank announced a potentially unlimited bond-buying plan to revive Eurozone's ailing economies. The BSE benchmark index, which had gained 33 points ahead of the ECB meet on Thursday, was off to a rollicking start on Friday tracking...
09:33 AM, Sep 07, 2012
Mumbai: The BSE Sensex and NSE Nifty fell more than 1 per cent in late trade on Thursday, settlement day for July contract. Market experts feel traders may have wound up their long positions that had built up on expectations for a diesel price hike and other reforms by the government post presidential election. Market analyst Ambareesh Baliga feels the lack of policy action will drag Nifty closer to 5,000...
09:13 AM, Jul 26, 2012
Mumbai: The BSE Sensex and NSE Nifty closed the session with marginal losses on Wednesday ahead of settlement day for July contract. The market saw the second highest turnover on Wednesday of Rs 3.01 lakh crore while the highest ever turnover stood at Rs 3.29 lakh crore that traded on February 23, 2012. Benchmarks erased all Tuesday's gains as the market has not been getting any action on government's reforms....
09:34 AM, Jul 25, 2012
Mumbai: Indian equity benchmarks closed the session with 274 points cut on Monday, especially ahead of UP Assembly election results that schedule to be announced on Tuesday. Banks, metals, capital goods, realty stocks, and Reliance Industries weighed down the market throughout session. The BSE benchmark fell 1.55 per cent, to close at 17,362.87 led by sell-off in 25 stocks. Meanwhile, the NSE Nifty dropped 79.05 points or 1.47 per cent...
09:18 AM, Mar 05, 2012
Mumbai: Boosted by a strong January inflation data, the Sensex on Tuesday closed at 17848.57 up 75.73 points or 0.43 per cent and the Nifty ends at 5427.45 up 37.25 points or 0.69 per cent. About 1615 shares advanced, 1258 shares declined, and 526 shares remain unchanged. The upmove was mainly on the 26-month low January inflation data, which gave a fillip to rate sensitive stocks in anticipation of policy...
09:14 AM, Feb 14, 2012
