Mumbai: The benchmark BSE Sensex dipped below the 27k-level by falling over 166 points in early trade on Monday as funds and retail investors engaged in reducing positions amid a weak trend on other Asian bourses.
The 30-share barometer, which shed 21.79 points in the previous session, fell by 166.32 points, or 0.61 percent, to slip below the 27,000-mark to 26,924.10.
Stocks of realty, capital goods, metal, auto, power and banking sectors declined due to profit-booking.
Similarly, the National Stock Exchange index Nifty fell below the 8,100-level by declining 56.65 points, or 0.69 percent, to 8,064.80.
New Delhi: Four of the top-10 Sensex firms suffered a combined loss of Rs 39,391.49 crore from their market valuation last week, with state-run ONGC taking the steepest hit.
While ONGC, RIL, CIL and SBI suffered losses in their market capitalisation (m-cap), TCS, ITC, Infosys, HDFC Bank, ICICI Bank and Sun Pharma on the other together added Rs 26,758.27 crore in their valuation.
The m-cap of ONGC declined by Rs 20,661.51 crore to Rs 3,46,497.35 crore, while that of Coal India tumbled Rs 7,642.8 crore to Rs 2,18,451.46 crore.
RIL's value fell by Rs 6,824.25 crore to Rs 3,21,677.70 crore and SBI lost Rs 4,262.93 crore to Rs 1,91,757.30 crore.
London, Sep 20 - Chinese Internet giant Alibaba's shares closed significantly above their initial price on the New York Stock Exchange (NYSE) on Friday, ending 38 percent above their initial asking price.
Shares in the company made their debut in the US at 92.70 dollars, after being priced at 68 dollars late on Thursday. They ended at 93.89 dollars, 38 percent above the initial asking price.
More than 100 million shares were traded in the minutes after the stock was launched, more than Twitter. Earlier in the day, founder and chairman Jack Ma rang the opening bell, The BBC reported.
Mumbai: Shares of Tata Group firms on Friday rose in the range of 1-12 percent after Moody's Investors Service upgraded ratings of half a dozen group companies.
Among blue-chips, TCS's stock gained 3.31 percent to Rs 2,724, while Tata Power climbed 2.27 percent to Rs 90 on the BSE in morning trade.
TCS was also the top gainer among the 30-Sensex blue-chips.
Shares of Tata Steel rose by 1.13 percent and Tata Motors was up 0.63 percent.
Tata Elxsi soared 12.58 percent and Tata Sponge Iron rose 11.99 percent.
Mumbai: The benchmark BSE Sensex on Friday rose over 73 points in early trade, extending gains for the third straight day on sustained buying by funds and retail investors, driven by rising optimism over trade ties with China amidst a firming trend overseas.
The 30-share index gained 73.39 points, or 0.27 percent, to 27,185.60 with power, realty, infrastructure, PSU, healthcare, and metal sector stocks leading the rally. The index had gained 619.70 points in the last two sessions.
In a similar fashion, the broad-based National Stock Exchange index Nifty moved up by 21.85 points, 0.27 percent, to 8,136.60.
Mumbai - The BSE Sensex reclaimed the 27,000-mark after a week by surging over 450 points in afternoon trade Thursday on widespread buying by funds and retail investors amid optimism over trade ties with China and rise in foreign capital inflows.
The 30-share Sensex after opening in the negative zone rebounded to regain the psychological 27,000-mark for the first time since September 11 to trade 443.19 points, or 1.66 percent, higher at 27,074.48.
The gauge had gained over 138 points in yesterday's trade.
Mumbai: The benchmark BSE Sensex gained over 44 points in early trade Tuesday on emergence of buying by funds and retail investors in select stocks.
The 30-share index, which had lost 244.48 points in the previous session, recovered by 44.73 points, or 0.16 percent, to 26,861.29, with realty, healthcare, capital goods, power, infrastructure and consumer durables shares leading the recovery.
Also, the National Stock Exchange index Nifty rose 2.90 points, or 0.03 percent, to 8,044.90.
Brokers said emergence of buying, though selective, by funds and retail investors after remaining sellers in yesterday helped trading sentiments to improve.
Mumbai: The benchmark BSE Sensex tumbled over 185 points to dip below the 27,000-mark in early trade on Monday on selling by funds and retail investors after industrial production growth slowed to 0.5 percent in July amid a weak trend in the Asian region.
The 30-share barometer slipped below the 27,000-mark by falling 185.55 points, or 0.69 percent, to 26,875.49 with metal, FMCG, power, capital goods and IT stocks leading the fall.
The index had gained 65.17 points in the previous session on Friday.
On similar lines, the National Stock Exchange index Nifty moved down by 70.95 points, or 0.88 percent, to trade below the 8,100-mark at 8,034.55.
New Delhi - The market valuation of top five Sensex companies fell by Rs 36,971.61 crore last week, with ONGC and Sun Pharma being the worst hit.
While ONGC, RIL, CIL, Infosys and Sun Pharma saw losses in their market capitalisation (m-cap), TCS, ITC, HDFC Bank, SBI and ICICI Bank witnessed gains.
The m-cap of ONGC plunged Rs 11,421.58 crore to Rs 3,67,158.86 crore, while Sun Pharma lost Rs 10,749.03 crore to Rs 1,66,910.28 crore from its valuation.
Mumbai: The benchmark BSE Sensex on Thursday rose over 87 points in early trade after two sessions of losses on fresh round of buying as the government yesterday approved the sale of shares in Coal India, ONGC and NHPC to garner a combined Rs 43,000 crore.
Besides, a firming Asian cues supported the recovery in the domestic markets here.
The 30-share barometer recovered by 87.77 points, or 0.32 percent, to 27,145.18 as power, banking, infrastructure and capital goods sector stocks led gains. The index had lost 262.44 points in the previous two sessions.
Mumbai: The benchmark BSE Sensex extended Tuesday's losses by declining over 130 points in opening trade on Wednesday as funds and investors indulged in booking profits in recent gainers amid a weak trend overseas.
The 30-share barometer, which had lost 54.53 points in the previous session, fell by 130.78 points, or 0.48 percent, to 27,134.54.
All the sectoral indices, except healthcare, were trading in negative zone with losses up to 0.97 percent. Also, the broad-based National Stock Exchange index Nifty shed 36.15 points, or 0.44 per cent, to 8,116.80.
Mumbai - Snapping the nine-day winning streak, the BSE benchmark Sensex on Thursday retreated from record high to trade 74 points lower in early trade today on emergence of profit-booking, mainly in realty, capital goods, infra and oil and gas sector stocks amid weak Asian cues.
The 30-share Sensex, after surging by 825 points in the past eight sessions, fell by 74.28, or 0.27 percent, to 27,065.66 in morning trade. The gauge had closed at record high of 27,139.94 after hitting an all-time intra-day high of 27,225.85 on Wednesday.
Mumbai: Continuing its rising streak for the ninth straight session, the benchmark BSE Sensex rose over 129 points to hit a new high of 27,148.90 in opening trade on Wednesday on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.
The 30-share index, which had gained over 705 points in the previous eight sessions, gathered another 129.51 points, or 0.47 percent, to trade at a new peak of 27,148.90, surpassing its earlier record of 27,082.85 touched on Tuesday (intra-day).
Mumbai: Continuing their record-setting streak, markets on Tuesday hit new highs with the BSE Sensex scaling another peak of 26,949.08 and the NSE Nifty soaring to 8,047.80 in opening trade on sustained capital inflows buoyed by positive economic data.
The benchmark BSE Sensex climbed 81.53 points, or 0.30 per cent, to trade at a new high of 26,949.08, breaking its previous record of 26,900.30 reached on Monday. The benchmark index had gained 553.44 points in the previous seven sessions.
Mumbai : Markets regulator Securities and Exchange Board of India (SEBI) and the fair trade watchdog Competition Commission (CCI) have approved the merger of United Stock Exchange of India with the BSE, making it the first merger of two exchanges in the country, the premier bourse said Monday.
For the merger to go ahead, however, the exchanges will have to secure the approval from the Bombay High Court as well, where the proposal is pending.
The merger of the struggling currency bourse USE will see BSE adding its 27 state-run banks and some private and foreign banks as its shareholders. The BSE is already the single largest shareholder in USE with
Mumbai: Continuing their record setting spree, the NSE Nifty breached the 8,000-mark for the first time ever and BSE Sensex logged a new peak of 26,812.69 in opening trade on Monday on the back of positive economic growth data for the April-June quarter.
The National Stock Exchange index Nifty crossed the 8,000-level for the first time and surged to trade at a new peak of 8,018.65, up by 64.30 points, or 0.80 percent. Its previous all-time high was 7,968.25 hit on August 25.
Besides, a mixed trend in the Asian region also influenced trading sentiments here.
Mumbai: Rising for the fifth consecutive session, the benchmark BSE Sensex today moved up further by 142 points in early trade on sustained foreign capital inflows coupled with a firming trend on other Asian bourses.
The 30-share index, which had gained over 128 points in the previous four sessions, gathered another 142.51 points, or 0.54 percent, to 26,585.32.
All the sectoral indices, led by consumer durables, realty and PSU, were trading in positive zone, rising up to 1.40 percent.
The NSE Nifty also shot up by 39.80 points, or 0.50 percent, to 7,944.55.
Mumbai - Retreating from record highs, the benchmark BSE Sensex fell over 105 points in early trade on Tuesday with metal, auto and power sector stocks leading the fall, triggered by negative domestic cues amidst a weak trend in Asian trade.
The 30-share barometer fell by 105.19, or 0.39 percent, to 26,331.83.
Yesterday, the gauge closed at a fresh life-time high of 26,437.02 after climbing to an intra-day record high of 26,630.74.
Mumbai: The BSE Sensex and the NSE Nifty soared to hit new all-time high of 26,582.27 and 7,957.70 points in early trade Monday with stocks of healthcare, banking and oil & gas leading the rally on sustained fund inflows amidst a mixed Asian trend.
The 30-share index, which had gained over 105 points in the previous two sessions, gathered another 162.72 points, or 0.61 percent, to hit a new record high of 26,582.27, breaching its earlier peak of 26,530.67 reached on August
All the sectoral indices were trading in positive zone with gains up to 0.73 percent.
New Delhi - Six of the top-10 most valued Indian companies together added Rs 47,825.79 crore in market valuation, with ONGC and SBI emerging as the biggest gainers.
While ONGC, CIL, HDFC Bank, SBI, ICICI Bank and Sun Pharmaceutical saw gains in their market-capitalisation (m-cap), TCS, RIL, ITC and Infosys suffered losses on the other hand.
The m-cap of ONGC surged Rs 14,458.78 crore to Rs 3,65,191.10 crore, while that of SBI zoomed Rs 12,079.56 crore to Rs 1,88,405.19 crore.
- Sony's SmartEyeglass to be available for purchase by March
- Electric car sets new 204.9 miles-per-hour world land speed record
- Facebook dispenses apprehensions about its iOS8 app privacy setting changes in blog post
- Online attack on eBay puts buyers' credentials at risk: Report
- Microsoft develops keyboard designed for iOS, Android, Windows tabs