Mumbai: The Indian equities on Friday closed on a weak note. Banks, capital goods, power remained the major laggards on the bourses. Banking stocks tumbled further after a Reserve Bank of India committee recommended tightening regulations on loan restructuring, including setting aside higher provisions.
Refinery major Reliance closed down 0.70 per cent at Rs 722.65 ahead of its numbers on Friday. It is likely to post a 3 per cent sequential rise in profits, GRMs likely to be slightly higher than $7 per barrel.
In today's entire trading session, the NSE Nifty struggled at around 5,200 mark and closed above that level. Stocks like ITC, Reliance, HDFC Bank, Infosys, ONGC and SBI were the negative contributors to the bourses.
The Sensex was down 120.41 points or 0.70 per cent at 17158.44, and the Nifty was down 37.60 points or 0.72 per cent at 5205.10....
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09:06 AM, Jul 20, 2012
Mumbai: The benchmark Sensex bounced back on Thursday with marginal gain amid choppy trade. The recovery was on expected lines as the market had seen sharp falls in the last few sessions. At 9:18 hours IST, the 50-share NSE Nifty gained just 5 points at 5,410 and the 30-share BSE Sensex rose 7 points to 17,948. Power Grid, DLF, Jaiprakash Associates, Reliance Infrastructure, L&T, Reliance Industries, SAIL, Tata Steel, SBI,...
09:41 AM, Aug 04, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex plummeted by over 223 points in opening trade on Wednesday to trade below the 18,000-mark on continued selling by foreign funds and retail investors, spooked by the continued uncertainty in global markets. The 30-share barometer, which lost 204.44 points in Tuesday's trade, slid further by 223.32 points, or 1.23 per cent, to below the 18,000-level at 17,886.57 in the first few minutes of...
09:28 AM, Aug 03, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex shot up by nearly 243 points in opening trade on Monday as global markets cheered an agreement reached by US lawmakers to raise the country's debt ceiling and avoid a default. The 30-share BSE index, which lost over 674 points in the previous four sessions, rose by 242.87 points, or 1.33 per cent, to 18,440.07 in the first few minutes of trade on...
09:38 AM, Aug 01, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex rose by over 73 points in opening trade on Tuesday, extending its gains for the third straight session despite concerns over an expected hike in key short-term rates by the RBI at its monetary policy review meeting later in the day. A firming trend on other Asian bourses and encouraging Q1 earnings by Reliance Industries mainly buoyed the trading sentiment. The 30-share index...
09:50 AM, Jul 26, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex fell by over 51 points in opening trade on Monday as funds and retail investors locked in gains recorded in the previous session amid a weak trend on other Asian bourses over US debt worries. The cautious approach was adopted by market participants ahead of Sensex heavyweight RIL's Q1 results announcement and the RBI's monetary policy review on July 26 cast a shadow...
09:47 AM, Jul 25, 2011
Mumbai: Snapping its two-session losing streak, the Bombay Stock Exchange benchmark Sensex rose by nearly 76 points in opening trade on Thursday on selective buying by funds and retail investors amid firm cues from Asian markets. The 30-share barometer, which lost 87 points in the previous two sessions, recovered by 75.91 points, or 0.41 per cent, to 18,802.88 as investors targeted oil and gas, realty, IT and FMCG sector stocks....
09:51 AM, Jul 07, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex rose by nearly 173 points in the opening trade on Monday on the back of buying by funds and retail investors amid a firming trend on other Asian bourses. The 30-share barometer, which lost 83.07 points in the previous session, recovered sharply by 172.84 points, or 0.92 per cent, to 18,935.64 as investors accumulated oil and gas, banking, auto and metal sector stocks....
09:47 AM, Jul 04, 2011
Mumbai: The BSE benchmark Sensex declined by over 28 points in opening trade on Monday on fresh selling by funds and retail investors, taking cues from weak global markets. The 30-share barometer, which gained 513.19 points in the previous session, fell by 28.58 points to 18,212.40 points in the first few minutes of trade on Monday. Stocks of realty, IT and metal companies remained under pressure. Similarly, the wide-based National...
09:40 AM, Jun 27, 2011
Mumbai: Reliance Industries fell by over 2 per cent in morning trade on the bourses on Monday as investors reacted negatively to the oil sector regulator's decision to reject three new natural gas finds by the Mukesh Ambani-led company in the eastern offshore KG-D6 block as discoveries. RIL shed 2.4 per cent to touch an early low of Rs 921.30 on the Bombay Stock Exchange, while on the National Stock...
11:29 AM, Jun 13, 2011
Mumbai: The BSE benchmark Sensex fell by almost 110 points in opening trade on Monday, extending its losses for the fourth consecutive session on continued selling by foreign funds and retail investors, taking cues from weak global markets. Fears that the Reserve Bank of India may announce a hike in interest rates in its credit policy review later this week also dampened the sentiment. The 30-share barometer, which lost over...
09:36 AM, Jun 13, 2011
Mumbai: With every passing day, the hope of a pullback rally, which started six trading sessions back for the market, seems to be fading. The petrol price hike coupled with discomforting inflation numbers haunted markets on Monday. The immediate resistance level for the Nifty now appears to be 5600. Crude again dipping below 100 levels was the only positive cue one can take going ahead. The markets opened on a...
08:38 PM, May 16, 2011
Mumbai: The Bombay Stock Exchange benchmark Sensex recovered by over 100 points in opening trade on Tuesday after three straight days of losses, in tandem with a firming trend on other Asian bourses. The 30-share barometer, which lost over 520 points in the previous three sessions, rose by 100.78 points, or 0.56 per cent, to 17,939.83 in opening trade on Tuesday, with stocks of IT, auto, realty and capital goods...
09:43 AM, Mar 22, 2011
The Sensex rose 46 points to 8,742 and the Nifty gained 11 points at 2,665. ...
11:07 AM, Nov 26, 2008
Buying is seen in metal, select capital goods, oil and power stocks. ...
10:39 AM, Nov 17, 2008
Colombo: An exceptional 90 off just 52 balls from Kamran Akmal denied India their second straight warm-up win and took Pakistan to a victory with five deliveries to spare at the P Sara Oval on Monday. Chasing 186, Pakistan lost two wickets in the fourth over but Kamran was able to add crucial runs with his captain Mohammad Hafeez and Shoaib Malik, the stand with the latter proving the most...
09:58 AM, Jun 27, 2008
After sweeping the ODI series, New Zealand head into the first of two Twenty20 internationals at Mclean Park, Napier in high spirits and aiming to overwhelm Zimbabwe like they have all series. The key to New Zealand's batting would be their top-order batsmen, especially the openers Rob Nicol and Martin Guptill. Moreover, with Brendon McCullum and Jacob Oram in the line-up, the signs are ominous for Zimbabwe.On the bowling front,...
10:16 AM, Apr 22, 2008
Karachi: Julian Fountain, front-runner for Pakistan's fielding coach position, is likely to join the team ahead of its departure for the forthcoming Test and ODI series against England in the United Arab Emirates. Sources in the Pakistan Cricket Board (PCB) confirmed that negotiations with the Australian fielding coach Fountain are in final stages and he is expected to visit Lahore soon to sign his contract with the board. "Financial issues...
10:59 AM, Apr 03, 2008
Melbourne: Axed Australia opener Phillip Hughes is not surprised At losing his place to Ed Cowan for the first Test against India, but vowed to return soon after sorting out his technical issues with personal coach Neil D'Costa. Hughes, along with Usman Khawaja, was dropped from Australia's 13-member squad for the first Test against India starting on December 26, thereby paving the way for Cowan to make his debut here....
11:14 AM, Apr 02, 2008
Canberra: Indian batsman Rohit Sharma is hoping that Sachin Tendulkar gets his much-awaited 100th international century in the first Test against Australia as the anticipation has now become unbearable. The first Test starts on December 26 and Sharma is keeping his fingers crossed for a Tendulkar hundred in the match. I think it's a great place for him to do it... the only thing we want to see, me and...
11:02 AM, Mar 31, 2008
