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Sensex News

Sensex clings to rally; rupee falls Tuesday, January 6, 2009 @ 9:45PMMumbai: India’s key stock index advanced for a fourth day yesterday, its longest winning run in two months. ICICI Bank led a rally in financial stocks on speculation gains from their bond holdings will boost earnings.
Sensex forges ahead with 60-point gain Tuesday, January 6, 2009 @ 8:33PMMUMBAI: In volatile trading, the Bombay Stock Exchange sensitive index, Sensex, maintained an uninterrupted rally on Tuesday by adding over 60 points, extending a surge in financial stocks on speculation that gains from their bond holdings ...
Sensex ends in green; Grasim, ACC soar Tuesday, January 6, 2009 @ 6:05PMMumbai Jan 6: The Sensex opened 18 points lower at 10,258 amid mixed cues from the global markets. The index, thereafter, recovered and rallied to a high of 10,386 on the back of steady buying in select index heavyweights like - ICICI Bank, HDFC and Reliance.
Mumbai Jan 6: Tuesday, January 6, 2009 @ 6:02PMThe Sensex opened 18 points lower at 10,258 amid mixed cues from the global markets. The index, thereafter, recovered and rallied to a high of 10,386 on the back of steady buying in select index ...
Sensex ends in green on late rally; Grasim, ACC soar Tuesday, January 6, 2009 @ 4:28PMThe Sensex opened 18 points lower at 10,258 amid mixed cues from the global markets. The index, thereafter, recovered and rallied to a high of 10,386 on the back of steady buying in select index heavyweights like - ICICI Bank, HDFC and Reliance.
Triumph of core competence Tuesday, January 6, 2009 @ 4:22PMOver the years, the world of strategic management has been sharply divided by the debate of diversification versus core competence.
FIIs begin with a bang, but market players see limited buying Tuesday, January 6, 2009 @ 4:19PMSensex rally may be short-lived due to poor third quarter results. Continuing their December buying spree, foreign institutional investors (FIIs) have begun the New Year with fresh buying in Indian markets even though experts feel that the current rally is likely to be short-lived.
Market warms up to govt package Tuesday, January 6, 2009 @ 4:19PMSensex crosses 10,000-mark, led by metal, oil & gas, banking stocks . The Bombay Stock Exchange (BSE) benchmark index, Sensex, on Monday crossed the 10,000-mark on the back of coordinated financial and monetary measures by the government and firm global markets.
Markets recover from mid-day slide, close higher Tuesday, January 6, 2009 @ 3:53PMMumbai, Jan 6: Indian equities markets recovered Tuesday from a mid-afternoon fall to close marginally higher with a key index closing 0.59 percent higher than its close Monday.
Rupee ends weaker by 13 paise Tuesday, January 6, 2009 @ 3:27PMThe rupee weakened by 13 paise on Tuesday to close at 48.69 against the dollar.
Markets recover from mid-day slide, close higher Tuesday, January 6, 2009 @ 2:00PMIndian equities markets recovered Tuesday from a mid-afternoon fall to close marginally higher with a key index closing 0.59 percent higher than its close Monday.
Sensex ends 60 points up at 10,335 Tuesday, January 6, 2009 @ 11:57AMThe Sensex, which commenced the year 2009 on a promising note, went up for the fourth straight session by rising 60.33 points at 10,335.93.
India Stocks Extend Gains; Banks, Metal and Cement Makers Climb Tuesday, January 6, 2009 @ 11:46AMJan. 6 (Bloomberg) -- India’s key stock index advanced for a fourth day, its longest winning run in two months. ICICI Bank Ltd. led a rally in financial stocks on speculation gains from their bond holdings will boost earnings.
Sensex ends below 10k; Hindalco, Rel Infra gain Friday, January 2, 2009 @ 12:59PMThe Sensex opened 70 points higher at 9,973, and soon slipped into negative zone to touch a low of 9,864. However, on expectations of the government announcing second stimulus package, the index bounced back on a strong rally in capital goods, realty and banking counters and crossed the 10,000-mark.
World stock markets kick off 2009 brightly Friday, January 2, 2009 @ 12:56PM World stock markets kicked off the new trading year brightly Friday as European and Asian indexes rose, though trading volumes remained light with many traders not back at their desks until next week.
Sensex closes below 10k, up 55 pts Friday, January 2, 2009 @ 12:27PMIn choppy trade, the Bombay Stock Exchange benchmark Sensex on Friday tested the 10,000 level before ending at 9,958.22 with a gain of nearly 55 points over the previous close as investors bet on a stimulus package to revive the economy, slowing faster than expected.
New Year cheer for battered stocks Thursday, January 1, 2009 @ 9:43PMMumbai, Jan. 1: Weary investors who saw their share value halving in 2008 had reasons to cheer on the first day of 2009. Falling inflation and the hope of another stimulus package pushed the BSE sensex up by 256 points to 9903.46.
Sensex shed more than half its value in 2008, its worst performance ever – headed for below 2,000 by end of 2010 Thursday, January 1, 2009 @ 9:18PMSensex saw the biggest bear market ever in the history of the entire world. The Bombay Stock Exchange Sensitive Index shed more than half its value in 2008, its worst performance ever.
Sensex starts ’09 with 256 pts gain Thursday, January 1, 2009 @ 8:13PMIn low-volume trades, the BSE sensex gained 256 points to inch closer to the psychologically important 10,000-mark, ending at 9,903.
AUMs back on track after 2 mths as big houses shore up funds Thursday, January 1, 2009 @ 8:05PMAfter witnessing two months redemption pressure and an erosion in assets under management, the Indian mutual fund industry seems to be clawing back on track.
Sensex jumps 256 points in New Year Thursday, January 1, 2009 @ 8:03PMIndian equity indices started the first day of the year with smart gains on the back of strong cues from the global markets coupled with easing inflation and expectation of stimulus package by the government.
Sensex value shrinks by half Thursday, January 1, 2009 @ 1:36AMPosts the third-worst performance among emerging economy indices in 2008. The Bombay Stock Exchange Sensitive Index shed more than half its value in 2008, its worst performance ever, and the outlook remained downbeat in the near term on dismal corporate earnings outlook.
High taxes in Russia make Imperial buy costly for OVL Thursday, January 1, 2009 @ 1:31AMONGC Videsh Ltd (OVL), the overseas investment arm of India’s largest oil producer Oil and Natural Gas Corporation (ONGC), has bought UK-based Imperial Energy, which has oil producing assets in Russia, at a valuation of $3 per barrel of oil reserves.
Worst year since Great Depression Wednesday, December 31, 2008 @ 11:35PMUS stocks chalked up modest gains overnight to close a catastrophic year that saw main indexes post their worst performance since the Great Depression.
Rupee has worst year since 1991 Wednesday, December 31, 2008 @ 11:02PMMumbai: India’s rupee completed its biggest annual drop since 1991, having tumbled this year as a global financial crisis prompted overseas funds to favour safer bets than emerging-market assets.
HUL biggest gainer in 2008; Jaiprakash lost the most Wednesday, December 31, 2008 @ 2:43PMWith Indian stocks literally melting under the heat of the global economic crisis, Jaiprakash Associates bore the brunt and emerged as the biggest loser, while FMCG major Hindustan Unilever (HUL) remained as the sole gainer in share prices among blue-chip stocks.
Sensex ends down 69pts, Satyam gains 6% Wednesday, December 31, 2008 @ 2:43PMThe Sensex opened 90 points higher at 9,807 points on positive cues from the US markets. However, the index could not hold the gains and slipped into negative zone.
Top 20 biz houses see 65% value erosion in 2008 Wednesday, December 31, 2008 @ 2:29PMRealty, infrastructure groups lead race to the bottom. India’s richest business houses would like to forget 2008 in a hurry.
India Stocks Decline, Extending Record Annual Drop in Sensex Wednesday, December 31, 2008 @ 1:47PMDec. 31 (Bloomberg) -- Indian stocks dropped for the first day in three, extending the key Sensitive Index’s record annual decline. ICICI Bank Ltd . and other lenders fell on concern the central bank’s interest-rate cuts will be lower than expected.
Markets fall in afternoon trade Wednesday, December 31, 2008 @ 1:46PMIndian equities markets fell marginally in afternoon trade Wednesday after opening high. A key index was 0.37 percent lower than its previous close nearly 90 minutes before the closing bell.
Stimulus, low fuel price buzz boosts Sensex Wednesday, December 31, 2008 @ 6:49AMThe Sensex gained for the second day today to touch the highest in a week on optimism that any government measure to lower fuel prices and unveil a stimulus package will boost a slowing economy.
Strategic buyer to help Satyam, feel investors Wednesday, December 31, 2008 @ 6:46AMInstitutional investors in Satyam Computer Services, outraged by the management’s attempt to buy out two companies promoted by Chairman B Ramalinga Raju’s sons, appear to be holding on in the hope that the value of the stock would rise if a strategic buyer emerged on the scene.
Rahul and Shishir Bajaj swap shares, end dispute Wednesday, December 31, 2008 @ 6:45AMThe Bajaj family dispute is set to end, finally. Shishir Bajaj today sold his 25 per cent holding in the primary group investment firm Bajaj Sevashram to his brother Rahul Bajaj in an off-market deal.
Markets rise again; Satyam up 7.7% Wednesday, December 31, 2008 @ 6:43AMThe Sensex is now trading 80 points higher to 9797. The Nifty is up 16 points at 2996. Satyam has gained further and is not up 7.75% higher at Rs 173. Jaiprakash Associates has gained 4.9% to Rs 88, Tata Motors and M&M have gained over 3.5% each to Rs 162 and Rs 280 respectively.
Markets rise as trading begins on last day of year Wednesday, December 31, 2008 @ 6:29AMIndian equity markets rose soon after the opening bell on the last day of 2008, with a key index gaining by 0.58 percent about 15 minutes into trade.
Sensex up 109 pts; Nifty regains 3,000-mark Wednesday, December 31, 2008 @ 6:05AMMarketmen said trading sentiments were buoyed on expectations that the government is likely to announce more fiscal measures soon in its second package to stimulate the slowing economy.
30-1-2008:- Asian shares extend gains; oil falls below US$40 Tuesday, December 30, 2008 @ 2:41PMHONG KONG: Asian shares advanced for a second consecutive session on Dec 30, led again by resource firms that could benefit from a sharp rebound in oil prices as Israel continued its attacks on Islamic group Hamas.
Healthy buying pushes markets up Tuesday, December 30, 2008 @ 1:45PMHealthy buying across the sectors pushed up Indian equities markets Tuesday for the second day in a row, with a key index gaining 1.92 percent over its previous close.
The rupee slipped 0.1% to close at 48.485 against the dollar. Tuesday, December 30, 2008 @ 1:14PMRupee dropped on speculation that some refiners have bought dollars to settle month-end import bills as conflict in the Gaza Strip escalates.
Sensex up 190pts; Satyam soars 8% Tuesday, December 30, 2008 @ 12:20PMThe Sensex is now up 190 points at 9,724. NSE Nifty is now up 58 points at 2,980. Satyam has soared nearly 8% to Rs 160. Reliance Communication has zoomed 7% to Rs 228.
Crucial trading sessions ahead Sunday, December 28, 2008 @ 3:34AMThe markets ended the penultimate week of the year on a weaker note. The Sensex remained in the red throughout the holiday-shortened week as derivates expiry and the India-Pakistan tension weighed on the market sentiment.
Tricolour triumphs over shades of grey Saturday, December 27, 2008 @ 9:46PM2008 has been the year of change & now anything looks possible. Going forward in 2009, even impossible dreams could come true.
Tech stocks not in rally to lead slide Saturday, December 27, 2008 @ 9:08PMThe Sensex and the Nifty dropped into an intermediate downtrend, while the CNX Mid Cap Index is still above its intermediate downtrend level of 3,547 and a close below this level will confirm, that the intermediate trend has turned down and the intermediate rally which had started in the first week of December, has ended.
2009 Road Ahead Saturday, December 27, 2008 @ 9:08PMLessons from the year that passes us by will hold us in good stead as we look ahead into 2009. Though things look sombre at the moment, there are investment opportunities available. The theme though will be more about wealth preservation.
2008: HUL comes up tops Saturday, December 27, 2008 @ 1:24PMFMCG moves fast, while real estate yields ground and metals lose their lustre.
Wkly review: Sensex dips 7.63% as FIIs pull out Saturday, December 27, 2008 @ 1:14PMAfter breaching the psychologically important 10-K level, the Bombay Stock Exchange 30-share index fell by 7.63 per cent in the week under review as Foreign Institutional Investors pulled out at the year-end.
Sensex drops 770 pts during week on worries over Q3 results Saturday, December 27, 2008 @ 9:41AMMumbai, Dec 27 : The BSE 30-share Sensex declined by 770.99 points or 7.63 per cent to 9,328.92 and the S&P CNX Nifty index of NSE also slipped 220.25 points or 7.15 per cent to 2,857.25 in the week ended yesterday.
Stocks that did the best in 2008 Saturday, December 27, 2008 @ 8:20AMFMCG moves fast, while real estate yields ground and metals lose their lustre. The star of 2008 so far has been Hindustan Unilever; the multinational FMCG player has actually gained 20.45 per cent between January 1, 2008 and December 24, 2008.
Sensex dips by 7.63 pc as FIIs pull out Saturday, December 27, 2008 @ 7:44AMCOMMENT ON THIS ! Your Views! After breaching the psychologically important 10K level, the Bombay Stock Exchange 30 share index fell by 7.63 per cent in the week under review as Foreign Institutional Investors pulled out at the year end.
Infosys, ICICI Bank pull down Sensex Saturday, December 27, 2008 @ 5:58AMThe Sensex opened 70 points higher at 9,639. Fresh buying in early trades helped the index move up to a high of 9,706. The index, however, could not hold gains and slipped into red.