Indian stock market ended the week lower with BSE Sensex at 17748 and NSE Nifty at 5381. The stock markets have given very positive returns in year 2012 and traders are expecting action in coming days in mid cap and small cap space.

As the BSE Sensex has seen a good bounce, many stocks have touched 52-week high during the last trading session of the previous week.

Cement major ACC touched 52-week high of Rs 1421 on Friday. In FMCG space, Britannia touched 52-week high of Rs 501.

Most technology counters have seen a decent gain in year 2012. With the recent rise in US dollar compared to Indian currency, the earnings reported by most technology companies will see positive impact.

The outlook for next two quarters is stable and with recent jobless data from US, the economic scenario has seen improvement over the past two weeks.

Research team at Prabhudas Lilladher has given an accumulate call for Rolta. The research report gave a target of Rs 90 for the stock.

However, the stock touched an intraday high of Rs 93.8 and managed to close above Rs 90 level on Friday.

Rolta results were little lower than market expectations. The company also witnessed a decline in its order book. The upcoming quarters could be challenging for Rolta.

Silver edged higher on buoyed by a euro strengthened by hopes Greece was moving closer to a bailout deal, and surprisingly strong China inflation also supported sentiment. Also support seen from basemetal and crude as Greek political leaders have agreed on all points of a bailout package with international lenders would continue so a deal could be concluded before a meeting of euro zone FM. Bailing out Greece will boost the euro against the dollar for a while, making dollar-denominated assets such as gold cheaper and more attractive.

Mumbai, Feb 10 : Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips like Infosys and ICICI Bank.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,817.59 points, was ruling at 17,781.22 points, 49.53 points or 0.28 percent down from its previous close at 17,830.75 points. The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading subdued at 5,400.55 points, down 11.8 points or 0.22 percent from its previous close.

Mumbai, Feb 9 - Benchmark indices at Indian equities markets were Thursday ruling dull a little before noon, but buying continued in mid-to-smaller sized scrips.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,647.8 points, was ruling at 17,664.55 points, 42.77 points or 0.24 percent down from its previous close at 17,707.32 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading subdued at 5,364.75 points, down 3.4 points or 0.06 percent from its previous close.

Mumbai, Feb 8 - Indian equities markets were ruling higher a little before noon Wednesday, with a benchmark index trading 131 points higher amid positive cues from other Asian bourses.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,631.69 points, was ruling at 17,753.84 points, 131.39 points or 0.75 percent up from its previous close at 17,622.45 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading higher at 5,375.4 points, up 40.25 points or 0.75 percent from its previous close.

Mumbai, Feb 6 - Indian equities markets started on a positive note Monday with a benchmark index rising smartly to rule 175 points higher in morning trade.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,741.91 points, was ruling at 17,780 points, 175.04 points or 0.99 percent up from its previous close at 17,604.96 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the green at 5,376.2 points, up 50.35 points or 0.95 percent from its previous close.

Mumbai, Feb 4 - Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the past few months that would result in increased inflow of overseas funds.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the week at 17,604.96 points, up 2.15 percent or 370.98 points from its previous week's close at 17,233.98 points.

Mumbai, Feb 3 - Stocks of firms that face cancellation of telecom licences after the Supreme Court order continued to rule in the red Friday, with investors expecting their subscribers to switch to older players not affected by the verdict.

The sharpest fall at the Bombay Stock Exchange (BSE) among the affected companies was seen in the scrip of Idea Cellular, which was quoting at Rs. 94.5 with a loss of 1.41 percent over the previous close.

Mumbai, Feb 1 - A benchmark index for Indian equities started February on a weak note Wednesday with profit booking in banking and realty stocks pulling down the index.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,179.64 points, was ruling at 17,102.6 points about 30 minutes into trade Wedenesday, 90.95 points or 0.53 percent down from its previous close at 17,193.55 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also was trading in the red at 5,174.8 points, down 24.45 points or 0.47 percent from its previous close.

Mumbai, Jan 31 - A benchmark index for Indian equities Tuesday rose smartly in morning trade and regained the 17,000 level with banking and realty stocks leading gainers.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 16,965.58 points, was ruling at 17,042.46 points about 30 minutes into trade, 179.16 points or 1.06 percent up from its previous close at 16,863.3 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the green at 5,145.3 points, up 58 points or 1.14 percent from its previous close.

Mumbai, Jan 30 : A benchmark index for Indian equities Monday fell in morning trade and was ruling 166 points lower amid selling in capital goods stocks.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,138.04 points, was ruling at 17,067.87 points about 20 minutes into trade, 166.11 points or 0.96 percent down from its previous close at 17,233.98 points.

The shares of Indian pharmaceutical major, Ranbaxy fell about 7 per cent following the filing of a consent decree in a US court, which required the company to make fundamental changes to its plants in India and in the US.

The US Justice Department filed the consent decree in court yesterday requiring the Indian firm to comply with US manufacturing standards and ensure integrity of data in its plants in India as well as the US.

Mumbai, Jan 25 - A benchmark index for Indian equities was ruling quiet in morning trade but managed to cross the 17 000 mark Wednesday, a day after rallying post the RBI cutting cash reserve ratio.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17.068.85 points, was ruling at 17,022.18 points about an hour into trade, 26.41 points or 0.16 percent up from its previous close at 16,995.77 points.

The Sensex had risen 244 points Tuesday, buoyed by RBI's signal of easing interest rates in forthcoming reviews and on the CRR cut which will boost liquidity.

Mumbai, Jan 24 - Indian equities markets were ruling quiet in Tuesday morning trade as investors cautiously awaited the third quarterly review of the monetary policy by the Reserve Bank of India.

The majority view is that the central bank may keep a status quo on key interest rates.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,806.72 points, ruled at 16,805.74 points, 54.01 points or 0.32 percent up from its previous close at 16,751.73 points.

Mumbai, Jan 23 - Indian equities markets were sluggish a little before noon Monday, as traders were cautious ahead of the third quarterly review of the monetary policy by the Reserve Bank of India.

The policy review will be Tuesday but the majority view is that the central bank may keep a status quo on key interest rates.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,667.02 points, ruled at 16,715.71 points, 23.3 points or 0.14 percent down from its previous close at 16,739.01 points.

The shares of SKS Microfinance fell more than 9 per cent to touch its all time low this morning in early trade after it posted its highest quarterly loss for October-December 2011.

The shares of the company opened in red and fell 9.13 per cent to touch its lowest ever level of Rs 85 on the Bombay Stock Exchange (BSE). After the weak results, investors sold company’s shares on the National Stock Exchange (NSE) too. Its shares fell 8.77 per cent to a record low of Rs 85.30 on the NSE.

Mumbai, Jan 20 - After rallying smartly in the previous session, a benchmark index for Indian equities markets was ruling 120 points higher around Friday noon on improved investor confidence across the globe. Gainers were led by banking, consumer durables and realty stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,745.01 points, ruled at 16,764.08 points, 120.34 points or 0.72 percent up from its previous close at 16,643.74 points.

The cable unit of the Reliance Communications Ltd is aiming to raise about $1.5 billion through an initial public offering (IPO) in Singapore, according to reports.

Anil Ambani's Reliance plans to sell 75 percent of FLAG Telecom through the IPO and get a valuation of up to $2 billion within the first half of the year, according to a report citing persons close to the matter. FLAG Telecom will be listed as a business trust in the stock market in Singapore.