The shares of pharmaceuticals companies recorded a fall today following an order by the Department of Pharmaceuticals that would put price control of drugs and make them cheaper in the country.

According to the latest information available, the prices of 652 formulations under 27 therapeutic areas like anti-allergic (cetrizine), cardiac (aten), gastro-intestinal medicines (ocid), pain-killers (paracetamol) and anti-diabetic drugs (insulin) are expected to come down in the country following the government order.

Mumbai, May 18 : Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes of an early rate cut by the Reserve Bank of India.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the week at 20286.12 points, up 0.81 percent or 163.80 points from its previous week close at 20286.12 points.

This is the fifth straight week of gain in the benchmark Sensex and the highest closing level in two-and-a-half years.

Mumbai, May 17 : A benchmark index of the Indian equities markets was trading flat in afternoon trade Friday, two days after its biggest rally in a year.

There was heavy selling pressure in consumer durables, healthcare, oil and gas, fast moving consumer goods (FMCG) and metal stocks. Scrips like realty, public sector undertakings (PSU), capital goods, power and automobile rallied.

Mumbai, May 16 : A benchmark index of the Indian equities markets was trading rangebound Thursday as losses in FMCG, IT and consumer durables stocks offset gains in realty, oil and gas and banking scrips.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 20,167.93 points, was ruling at 20,226.69 points in the late afternoon session, up 0.07 percent or 13.73 points from its previous day close at 20,212.96 points.

The Sensex touched a high of 20,326.48 points and low of 20,162.12 points in the intra-day.

Mumbai, May 15 - A benchmark index of the Indian equities markets surged more than 400 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 19,798.18 points, was trading at 20,140.21 points in the afternoon session, up 2.12 percent or 417.92 points from its previous day close at 19,722.29 points.

The Bombay Stock Exchange (BSE) benchmark Sensex jumped more than 66 points in early trade on Tuesday, thanks to selective buying by funds.

Helped by strong demand for shares of IT, public sector units, healthcare and oil & gas companies, the 30-share indicator jumped 66.27 points, or 0.33 per cent, to 19,757.94.

It was a considerable recovery after the benchmark index lost more than 430 points on Monday.

Likewise, the National Stock Exchange (NSE) index Nifty gained 15.35 points, or 0.26 per cent, to 5,995.80.

The Indian rupee slipped eight paise to 54.81 against the US dollar in early trade on Tuesday because of higher demand for the US currency from oil importers and banks.

Increased strength of the US dollar against other major currencies in the global market also intensified pressure on the Indian currency.

In early trade today, the euro was hovering above 1.30 to the US dollar; while the US currency was above the 101 mark to the Japan's yen.

Mumbai, May 13 : A benchmark index of the Indian equities markets Monday closed 2.14 percent down on profit-booking and weak global cues.

The index had breached the 20,000-mark last week.

There was heavy selling pressure in the healthcare, bank and consumer durables stocks. However, information technology (IT) scrips rose.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 20,073.41 points, closed at 19,691.67 points, down 430.65 points or 2.14 percent from its previous day close at 20,122.32 points.

The benchmark Sensex Index of the Bombay Stock Exchange (BSE) has fallen 40 points during a special two-hour trading session as investors looked to invest in large firms in healthcare and metal sectors.

Mumbai, May 11 : In a special trading session Saturday, a benchmark index of the Indian equities markets closed 0.20 percent up, after healthcare, metal, public sector undertaking (PSUs), consumer durables and bank scrips gained.

The Bombay Stock Exchange (BSE) held a special session for trade in derivatives, securities lending and borrowing scheme segment from its disaster recovery site.

The 30-scrip sensitive index (Sensex) of the BSE, which opened in the positive at 20,091.93 points, closed at 20,122.32 points, up 39.70 points or 0.20 percent from its previous day close at 20,082.62 points.

Mumbai, May 10 : A benchmark index of the Indian equities markets was trading flat in afternoon trade Friday.

The sober sentiments set in after negative international cues and data which showed that India's industrial output grew by 2.5 percent in March 2013.

There was heavy selling pressure in metal, realty and fast moving consumer goods (FMCG)stocks while stocks like consumer durables, automobile, bank, public sector undertaking (PSUs) and oil and oil gas rallied.

The shares of leading IT sector firms rose on Thursday after firms showed strong expectations for the coming quarters.

Cognizant Technology Solutions Corp recorded an increase of 18 per cent in revenues during the first quarter from January to March, 2013 and said that it expects higher revenue than expected by the market analysts in the current quarter.

The Securities Appellate Tribunal (SAT) has asked National Stock Exchange (NSE) to file its response to an appeal filed by brokerage firm Emkay Global Financial Services on the freak trading incidence.

The tribunal also asked more details from the exchange of previous instances of annulment. The SAT on Thursday asked Emkay Global Financial to provide details on trading volume for 90 days prior to the freak trade. The case is expected to come up for hearing in tribunal on June 19.

Mumbai, May 9 : A benchmark index of the Indian equities markets was rangebound Thursday, trading at around the 20,000 points mark, as gains in IT, realty, power and banking stocks offset losses in healthcare, metal and oil and gas scrips.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 20015.86 points, was trading at 20003.17 points in the late afternoon session, up 0.06 percent or 12.99 points from its previous day's close at 19990.18 points.

Global IT giant, Oracle has said on Wednesday that it would sell 5.3 per cent stake in Oracle Financial Services Software (OFSS) to comply with regulatory requirements in India.

India’s third-largest information technology services company, Wipro has said that it is acquiring a minority stake in privately held US-based big data science firm called, Opera Solutions LLC in a deal valued at $30 million or Rs. 162 crore.

Mumbai, May 8 : A benchmark index of the Indian equities markets Wednesday crossed the 20,000-level-mark for the first time in more than three months gaining 119.23 points as fast moving consumer goods (FMCG) and bank stocks rallied.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 19,950.22 points, touched 20,008.18 points about an hour before closure, up 119.23 points or 0.60 percent from its previous day close at 19,888.95 points.

Mumbai, May 8  : A benchmark index of the Indian equities markets was trading flat in afternoon trade Wednesday following heavy selling pressure in capital goods, banks, automobile, metal and realty stocks.

However, fast moving consumer goods (FMCG) rallied.

On Tuesday, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), closed over one percent up and touched its highest level in the last three months at 19,888.95 points. The Sensex had closed at 19,894.98 points on Jan 31.

Mumbai, May 7 : A benchmark index of the Indian equities markets was trading nearly half a percent up in afternoon trade Tuesday, following positive international cues and a renewed buying spree by foreign institutional investors (FIIs).

Stocks like bank, healthcare and fast moving consumer goods (FMCG) rallied. However, metal, consumer durables and information technology (IT) stocks plummeted.

Mumbai, May 6 : A benchmark index of the Indian equities markets rose 98 points Monday, the highest closing level in almost three months, led by good buying support in metal, IT and technology stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 19,571.66 points, ended the day at 19,673.64 points, up 0.50 percent or 98 points from its previous day close at
19,575.64 points.

The Sensex touched a high of 19,694.29 points and low of 19,554.31 points intra-day.