BSE launches ‘BSE SENSEX MOBILE STREAMER’

Sadhguru Jaggi Vasudev from Isha Foundation, today launched the ‘BSE SENSEX MOBILE STREAMER’ in an ‘Opening Bell’ ceremony at BSE. This is one more initiative of the ongoing enhancements at BSE.
With ‘Live streaming quotes for SENSEX companies’ one can view on a real-time basis, best bid and ask quotes and stock price movements for each of the scrips in the SENSEX, which is India’s benchmark stock Index. ‘BSE SENSEX MOBILE STREAMER’ allow investors to access streaming SENSEX data at their fingertips. The second-by-second movement updates on stocks will help the investors make critically timed trades. The ‘BSE SENSEX MOBILE STREAMER’ can be accessed at http://www.bseindia.com/sensexstreamer.jad. The software is easily downloadable on GPRS activated SIM Cards and Java enabled handsets.
Madhu Kannan, MD & CEO, BSE, said, “Having access to real-time quotes is imperative for investors who wants to take informed decisions for their investments in the Capital Market. BSE is proactively making available the critical information to the investors’ on their mobile phones free of cost. We look forward to adding more features and functionality improvements over the coming months.”

Sensex keeps a down note as IT and Banking sector slip

Benchmarks were witnessing a fluid session with negative bias Monday beforehand of public holiday tomorrow and January series termination and


Intervening term choices of the day

 Rather a few exponent heavy weights will be announcing their Q3FY10 solutions today. A truncated trading week and the expiry of the derivative takes for the January series will pave way for some volatility. Monetary policy announcement by the RBI on January 29 will be another key trigger to watch out during the week.

Nifty continued to trade below the 50 DMA placed at 5118. The index closed at the support line of a rising stick being formed on the weekly charts. Last week we broke down over a similar pattern on the daily charts which is a fractal of the rising wedge. A close below 5000 level in the coming week might touch off further failing in the market and the index is expected to test 4900 level. The universal trend in the market has become bearish which would negate only on close above 5225,  said Edelweiss report.

National Stock Exchange s Nifty was at 4996.25, down 39.75 points or 0.79 per cent. The index reached an intraday low of 4983.05 and high of 5034.70.

Infy, ICICI drag Sensex by seventy five points

The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, closed 75 points down, with bluechip stocks such as Infosys, HDFC and ICICI Bank

acting as drag.

The Sensex, which opened at 17,603.87 points and ended at 17,540.29 points, closed 75.43 points, or 0.43% down from its previous close at 17,615.72 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed at 5,244.75 points against the previous close of 5,263.1 points, a loss of 0.35%. Broader market indices performed only a tad better, with the BSE midcap index ending flat and the BSE small-cap index ruling 0.44% higher. The market breadth was positive, with as many as 1,725 stocks advancing compared to 1,172 on the decline, while 68 remained unchanged.

Among major gainers on the Sensex were DLF, up 4.26% at Rs 390.20; Grasim, up 3.02% at Rs 2,754.50; Sunpharma, up 2.11% at Rs 1,574.55; and Jaiprakash Associates, up 1.8% at Rs 161.55.

Major losers included Infosys, down 2.41% at Rs 2,464.45; TCS, down 1.98% at Rs 700.50; HDFC, down 1.7% at Rs 2,600.35; and Reliance Communications, down 1.5% at Rs 180.70. Other Asian markets ended in the green, with a key Japanese index, the Nikkei, ending 1.09% higher at 10,798.32 points, while the Korean Kospi, was up 0.7% at 1,695.26 points.

In China, the Shanghai composite index managed to end up with slender gains, closing 0.1% higher at 3,196 points, while the Hang Seng, a benchmark index of the Hong Kong Stock Exchange, closed a meagre 0.12% up at 22,296.75 points.

Key European markets were trading flat, with benchmark index of the London Stock Exchange FTSE 100 index ruling 0.04% up at 5,529.13 points. Among real estate companies, India’s biggest developer DLF soared 4.1% to Rs 389.9 after Goldman Sachs raised it to “buy” from “sell”, citing a potential recovery in office real property and steady growth in key residential markets.

Developer Indiabulls Real Estate advanced 3.4% to Rs 227.4 after Goldman Sachs upgraded the stock to ‘buy’ from ‘neutral’. Overseas funds bought a net $184 million of domestic equities on January 6, according to the Securities and Exchange Board of India website.

Sensex sheds 219 pts to dip below 17,000 level

The benchmark Sensex fell for the third straight session on Thursday losing 219 points on heavy selling in realty and banking shares by investors, who took cues from weak overseas markets.

The Bombay Stock Exchange barometer, which had lost 317 points in the last two sessions, fell by 219.43 points to close at 16,789.74 points.

The wide-based National Stock Exchange index Nifty lost 75 points to close at 4,988.60 points.



Brokers said trading sentiment turned bearish after weak Asian markets. Inflation climbing to 1.21 percent for the week ended 10th October was another negative factor, they added.



Downward march was further fueled as Moody's Investors Service downgraded the ratings of 13 Indian commercial banks after its global review of systemic support indicators for individual banking systems, brokers said.



State-run SBI lost 2.50 percent to Rs 2,325.70 and ICICI Bank fell by 4.08 percent to Rs 891.05.



The BSE realty index fell the most losing 4.59 percent to 4,524.28 points after Jaiprakash Associates and DLF registered heavy losses. Jaiprakash Associates plunged by 6.84 percent. Realty major DLF closed lower by 4.93 percent.



Among key Asian indices, Hong Kong's Heng Sang fell by 0.48 percent, while Japan's Nikkei lost 0.64 percent.



China's Shanghai Composite closed down by 0.62 percent, while Kospi dipped by 1.42 percent.



The heaviest and energy giant Reliance Industries fell 2.24 percent to Rs 2,133.55.



Capital goods index fell by 2.69 per cent to 13,644.31. Consumer durable index by 2.65 percent to 3,620.37 and banking index by 2.05 percent to 10,098.65 points.



However, select FMCG and IT counters attracted good buying support. FMCG index rose by 0.95 percent to 2,741.73, IT index by 0.79 percent to 4,437.81 and tech index by 0.61 percent to 2,996.09.



As the profit selling spilled over a wide front, midcap index fell by 2.12 percent to 6,444.27 points and smallcap index by 1.96 per cent to 7,647.77 points.

Sensex falls for third day on weak global cues

The stock markets extended losses for the third day on Wednesday with the barometer index shedding 83.73 points on selling by funds that took cues from weak Asian markets.

The 30-share Sensex, which had lost nearly 370 points in the last two trading sessions, fell by 83.73 points, or 0.54 per cent, to close at 15,467.46 points.



The key index touched the day's high of 15,628.10 points and a low of 15,392.68 points as the market remained choppy.



Blue-chip stocks led by realty, auto and banking segments recorded heavy losses. Among the 30 Sensex scrips, 21 counters closed with losses, while eight ended higher.



The wide-based National Stock Exchange index Nifty fell by 17 points to 4,608.35 points.



Marketmen said a steep fall in the US Stock markets on Tuesday night and a weak trend in Asian region mainly dampened investor's confidence.



They said the market sentiment further affected after a weak opening in European stock markets this afternoon.



In Asian region, Japan's index fell by 2.37 per cent, Hong Kong's by 1.76 per cent, Singapore's index by 1.02 per cent.



The US Dow Jones Industrial Average index lost 1.96 per cent and the Nasdaq by 2 per cent on renewed concerns about a global economic recovery after reports of more US bank failure.



Reports said three more US banks failed on Friday last week, bringing the total number of failures to 84 this year so far as the banking industry grapples with deteriorating loans.



The European stocks opened lower by one per cent with banking stocks taking the most points off the index, which pulled down the Sensex maximum in the fag-end trading.



Metal sector stocks led by Sterlite, the biggest copper producer, retreated 3.16 per cent after the metal tumbled the most in more than two months on the London Metal Exchange.



ICICI Bank fell by 1.15 per cent, Maruti Suzuki by 2.27 per cent, Mahindra and Mahindra by 2.09 per cent, DLF by 1.18 per cent, Grasim by 1.44 per cent and Larsen and Toubro by 1.07 per cent.



The realty index suffered the most falling by 1.76 per cent to 4,202.65 points followed by the auto index by 1.36 per cent to 5,940.58. The capital goods index fell by 1.26 per cent to 12,772.07, the power index by 1.08 per cent to 2,910.61 and the banking index by 0.61 per cent to 8,228.20

Sensex wipes off some losses, ends 250 pts higher

The Bombay Stock Exchange benchmark Sensex on Tuesday surged over 250 points after the market dropped 4.07 per cent on Monday.

The Sensex, which had lost 626.71 in Monday's trading, bounced back to end with a gain of 250.34 points at 15,035.26.


The key index touched the day's high of 15,134.51 and a low of 14,740.26 as trading remained choppy because of funds and general investors adjusting their portfolios.


Similarly, the 50-share National Stock Exchange index Nifty rose 71 points at 4,458.90, after rising to 4,491.45 and touching the day's low of 4,372.65.


Recovery in Asian as well as European stocks this afternoon further boosted trading sentiment following reports of a hike in new house sales data in the US and rising hopes of stability in the weakening global economies.


A major supporter to the markets were stocks in the capital goods, realty, metal, power and auto segments.


Overseas funds bought a net Rs 1,030 crore (USD 211 million) of Indian stocks on 14th August, the Securities & Exchange Board of India said on its web site.


The funds have bought stocks of Rs 37,600 crore this year, compared with record net sales of Rs 53,000 crore for the whole of 2008.

Sensex falls most in more than one month, melts 626 points

The BSE benchmark Sensex on Monday suffered most in one month by losing nearly 627 points on frantic selling by funds because of a steep fall in global markets and investors booking profits.

The Sensex, which notched up nearly a 1.71 percent gain in the previous week, plunged by 626.71 points at 14,784.92, the biggest fall since 6th July, the day the Budget was presented.



The index touched the day's low of 14,740.63. All the Sensex stocks closed with moderate to notable losses.

Similarly, the wide-based National Stock Exchange index Nifty lost 192.15 points at 4,387.90 as heavy-weights led by the realty sector showed hefty declines. The Nifty touched the day's low of 4,374.60 points.

Marketmen said the bourse tumbled here tailing weak Asian peers as concerns grew that global economic recovery may be more difficult than expected after data showed US consumer confidence fell to its lowest since March.

They said the selling wave was so strong that almost all sectoral indices showed biggest fall in recent times.

Market sentiment turned bearish also on reports of an international agency saying the stocks might decline up to 15 percent on concerns that lower monsoon rain would slash farm output and cut consumer spending.

Sensex, Nifty hit 10-month highs as bourses progress rapidly

Indian bourses progressed rapidly with key indices Sensex and Nifty hitting nearly ten-month highs as investors were heartened by new UPA Government's economic agenda, unveiled by President Pratibha Patil in the week under review.

The markets achieved new highs in sustained volatility and the Sensex closed past the 15,000-psychological level for the first time since 2nd September, 2008.


Accentuated interest of investors in second-line stocks pushed up the Smallcap and Midcap indices by a whopping 7.88 per cent and 6.98 per cent, respectively, outperforming the bellwether Sensex.


In the week to 6th June, the 30-stock BSE barometer ended the week at 15,103.55, a net rise of 478.30 points, or 3.27 per cent, over the week.


Investors were virtually confident that the economic reforms will get a strong push in the first year in the light of a political stability in the country.


Addressing Parliament on 4th June, Patil disclosed that the Government would focus on revival in economy which has already showed signs of recovery with a good expansion in the manufacturing activity in May 2009.



Patil said the government will focus on reforms in financial and infrastructure sectors as also disinvestment of public sector undertakings while sticking to fiscal prudence.


India's infrastructure sector output grew 4.3 per cent in April, indicating a gradual economic recovery.


Inflation, too, remained low at 0.48 per cent for the week ended 23rd May.


The broader 50-share Nifty of the National Stock Exchange advanced by 137.95 points, or 3.10 per cent, to end the week at 4,586.90 from its previous weekend's close.


Foreign Institutional Investors, the principal market moving factor, remained consistent net buyers in equity.



Hence, the capital inflows in equity stood at USD 427 million in the initial four days of the week.


Analysts said the market is strongly bullish and may witness a pre-Budget rally.



The full Budget is likely to be presented on 3rd July by Finance Minister Pranab Mukherjee.


Sectorial indices such as the BSE Consumet Durables Index soared by about ten per cent and the BSE Capital Goods index by 8.40 per cent.


The trading volume for the week was high at Rs 1,30,005 crore on the NSE and Rs 45,288 crore on the BSE compared to Rs 1,11,845 crore and Rs 36,674 crore respectively.

Sensex down 182 pts in early trade

The Bombay Stock Exchange benchmark Sensex opened 182 points down on Thursday, tracking a weak global trend, on profit-selling by funds at prevailing higher levels after the recent hefty gains.

The 30-share barometer, which touched the 15,000 mark in intra-day trade yesterday after nine months, fell 181.86 points to 14,689.04 in the first five minutes of the day's trade.



The wide-based National Stock Exchange index Nifty was also down 54.35 points at 4,476.35.



Marketmen said selling pressure picked up on the domestic bourses, in line with a weak trend in the global markets, with investors locking in cash after a strong rally.

Sensex soars 350 pts in opening trade on global cues

The Bombay Stock Exchange benchmark Sensex surged by over 350 points in early trade on Wednesday on increased buying by funds as well as retail investors after strong rally in the global markets.

The 30-share index surged by 354.22 points to 13,943.45 points with most of the index stocks rising sharply.

The BSE barometer had lost 323.99 points on Tuesday.


The wide-based National Stock Exchange index Nifty rose by 103.90 points, or 2.52 percent, to 4,220.60 points.

Marketmen said sentiments were largely bolstered on firming trends in global markets after US consumer confidence showed its biggest monthly jump in six years.


Short-covering by speculators ahead of tomorrow's May month expiry in the derivatives segment also supported the rally, they added.

Major gainers were Reliance Industries (1.54 per cent at Rs 2,177.00), Infosys (1.93 per cent at Rs 1,573.00) and ICICI Bank (4.71 per cent at Rs 698.50).

Reliance Communications spurted by 5.51 per cent to Rs 307.50, DLF Ltd by 3.44 per cent to Rs 348.50, Tata Steel by 3.66 per cent to Rs 374.20, Sterlite Industries by 4.65 per cent to Rs 565.00, Larsen and Toubro by 2.94 per cent to Rs 1,291.70, State Bank of India by 2.91 per cent to Rs 1,737.

Meanwhile, Hong Kong's Hang Seng was up 3.86 per cent and Japan's Nikkei gained 1.84 per cent in early trade.

Stock market into buying frenzy; trading suspended for day

Hailing the decisive mandate to the Congress-led UPA, investors went into a buying frenzy, resulting in an unprecedented surge in the BSE Sensex, which rose by nearly 2,100 points and forced the authorities to suspend trading for the day.

Trading was suspended for two hours within seconds of opening of the market after the BSE surged by over 1,300 points and the authorities closed the floor immediately after trading resumed at 1155 hours. The BSE sensex closed 17 percent higher at 14,272.63.

Echoing the sentiment, the NSE index also rose by 20 percent, prompting the authorities to suspend trading for the day.



In two bursts, the 50-share Nifty rose over 712 points, a buoyancy that led to an all-round appreciation in share prices, which marketmen say is the first of its kind.

The BSE 30-share index zoomed to close at 14,272, up by nearly 2,100 points. The NSE index surpassed all the three upper limits of 10, 15 and 20 percent, forcing the authorities to suspend trading for the day.

With the UPA getting near a clear majority in the 15th Lok Sabha, economic reforms are set to get pace in all the sectors, a leading broker said.

Sensex falls by over 81 points

In volatile trading, the Bombay Stock Exchange benchmark Sensex on Tuesday fell by over 81 points in tandem with weak global trends but the central bank's reduction of key interest rates averted a major fall.

The Sensex, which touched an intra-day high of 11,068.82, dipped to a low of 10,764.08 points before ending with a loss of 81.39 points at 10,898.11.


Similarly, the 50-share National Stock Exchange index Nifty fell by 11.80 points at 3,365.30 after moving between 3,414.70 and 3,309.35 points.


Initial gains were wiped off after the Asian stock markets recorded heavy losses on renewed concerns over global economic weaknesses.


The day's losses were narrowed because of funds buying in stocks of interest rate-sensitive realty and fast-moving consumer goods after the Reserve Bank of India cut key interest rates to create liquidity in the market.


Selective buying by foreign funds in healthcare and teck stocks arrested the falling trend.


The major contributors to the weakening market were shares in banking, auto, capital goods, metal, IT, consumer durables, power, PSUs and refineries.

Sensex tests 11,000 in longest winning streak in 18 months

The BSE benchmark Sensex, in its longest winning streak in over 18 months, on Monday tested the 11,000 level on aggressive buying by funds on the optimism that govt stimulus packages might help revive global economies.

The Sensex, which regained the six-month high level of 11,000 points during the day, ended with a gain of 163.36 points, or 1.51 percent, at 10,967.22. It moved between 11,069.54 and 10,800.84 points.

The index rose over 14 percent in the last seven trading sessions, and is set for its longest run of gains since 3rd October 2007, when a succession of gains for 11 days ended.

The 50-share National Stock Exchange index Nifty rose by 40.55 points, or 1.21 percent, to 3,382.60. It moved between 3,417.80 and 3,334.15 points during the day.

Marketmen said firming trends overseas continued to support trading sentiment in domestic markets. They said Japan doubled stimulus spending and Chinese lending made a record jump.

The MSCI Asia Pacific Index rose 0.4 percent to 88.34, the highest since 12th January.

Trading sentiment turned bullish after Satyam Computer shot up 3.61 percent to Rs 48.85, after touching a high of Rs 54, ahead of the announcement of the highest bidder for a 51 percent stake in the firm on Monday.



Larsen and Toubro and Tech Mahindra, which bid for a controlling stake in Satyam, fell ahead of the announcement. L&T fell 0.59 per cent to Rs 824 while Tech Mahindra gained 13.71 per cent to Rs 359.45.

The metal sector index gained the most, by 5.49 per cent to 7,174.92, as barring one, all the 14 sectoral stocks ended with hefty gains on fund buying backed by reports of a firming trend in base metal prices in overseas markets.

Brokers said an improvement in global economies would boost infrastructure, which includes steel and cement, and spur investor demand for higher yielding commodities.

The banking index was the second-best performer, rising 5.07 per cent to 5,301.15, as 16 stocks in the segment rose on all-round buying while two closed lower.

ICICI Bank climbed 4.49 per cent to Rs 415.55, HDFC Bank by 4.84 per cent to Rs 1,096.70 and State Bank of India by 6.80 per cent to Rs 1,217.90.



The realty sector rose by 4.14 per cent to 2,125.76 after shares of DLF Ltd, Parsvnath, Shobha Developers and Indiabull Realestate recorded handsome gains.

The PSU sector index rose by 3.16 per cent to 5,876.29, auto index by 2.73 per cent to 3,384.74, capital goods index by 1.64 per cent to 7,492.30, power index by 1.63 per cent to 2,059.28, healthcare index by 1.49 per cent to 2,978.05, oil and gas index by 1.32 per cent to 8,083.22 and teck index by 0.01 per cent to 2,031.36.

However, consumer durables, IT and FMCG fell on profit selling by funds.

Sensex improves further after initial volatility

After initial hiccups, the benchmark sensex improved further by 88 points at 10:15 hrs following overnight strong rally on Wall Street amid sustained buying by foreign funds.

The 30-share barometer, which jumped by a whopping 1,036.42 points or 11.56 per cent in the last four-day rally, initially moved erratically in a range of 10,091.18 and 9,914.29 points before being quoted at 10,090.97 at 1015 hours, a rise of another 87.87 points from its previous close.



The broad-based 50-issue Nifty of the National Stock Exchange also moved up by another 24.50 points or 0.79 per

cent to 3,106.75 at 1015 hrs from its last close.



Brokers attributed rally in share values to smart rise on Wall Street on Thursday. The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite Index were up by 2.25 per cent and 3.80 per cent, respectively on hopes that the US economy's worst days might be over.



However, Asian indices were trading narrowly mixed in early trade. Metal, capital goods, banking and pharma shares were in keen demand, while IT counters were down on profit-selling

on the first day of the April series.



Continued capital inflows and fall in inflation to 0.27 per cent mainly gave support to the market.

Sensex opens marginally higher on firm Asian trendSensex opens marginally higher on firm Asian trend

The Bombay Stock Exchange benchmark Sensex opened marginally higher by adding 58 points in early trade on Monday on investors buying in line with firming trends in Asian markets.

The 30-share index, which had gained 276.85 points in the previous session, added 58.19 points at 9,381.78 in the first five minutes of trading.



Similarly, the wide-based National Stock Exchange's Nifty rose by 15.90 points to 2,844.35.



Marketmen said buying activity was supported by reports of Hong Kong share prices opening 1.8 per cent higher on Monday, with sentiment driven by Wall Street's end-of-week gains and optimism ahead of Barack Obama's resuming office.

Sensex opens lower; Suzlon, Unitech surge

MUMBAI: Equities extended overnight losses to open with a gap down Friday. Bombay Stock Exchange’s Sensex was at 8588.86, down 112.21 points and National Stock Exchange’s Nifty was down 34.25 points at 2549.75.

Banking major State Bank of India, on standalone basis, has posted a net profit of Rs 2259.72 crore for the quarter ended Sep 30, 2008 against Rs 1611.42 crore in the same quarter of 2007. Interest earned stood at Rs 15566.50 crore against Rs 11616.28 crore previous year. Interest expended was Rs 10111.15 crore against Rs 7853.36 crore same quarter last year. The scrip was down 2.73 per cent at Rs 1133.

Beaten down scrips Suzlon and Unitech were up over 12.53 per cent 28.39 per cent respectively.

Asian markets continued to remain under pressure. Hang Seng fell 4.53 per cent, Shanghai Composite was down 2.73 per cent, Taiwan Weighted plunged 5.52 per cent and Nikkei average was 0.40 per cent higher.
US markets ended with heavy losses Friday. Dow Jones ended 3.59 per cent lower, Nasdaq closed 3.23 per cent down and S&P 500 closed 3.45 per cent down.

Mutual funds may see some redemptions pressure and jittery traders are expected to off-load their positions to minimise losses after the carnage in Indian bourses Friday.

Equities all over the world including India witnessed one of the worst trading session as cash-strapped foreign investors hammered the market.