Stock Markets

Sensex Recovers 500 Pts From Day’s Low

The 30-share index BSE Sensex, which opened with a negative gap of Sensex Recovers 500 Pts From Day’s Low around 300 points and lost more than 320 points to touch the day’s low, has regained over 516.51 points and entered into the positive zone.

It has gained over 200 points to touch the high of 14,549.56 on the back of big improvement in the majority of Asian indices. Hang Seng, Shanghai indices turned into positive terrain after wiping off its previous losses.

The recovery was mainly led by BSE Metal, Consumer Goods and Oil and Gas.


Stock Markets Likely To Open On Strong Note, Says P.K. Agarwal

After opening positively on Thursday (July 31), Indian equities continued to Stock Markets Likely To Open On Strong Note, Says P.K. Agarwalremain volatile all through the day on account of F&O expiry and high inflation figures.

BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.

The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.


Tokyo stocks lose more than 2 per cent on US economic concerns

Tokyo stocks lose more than 2 per cent on US economic concerns Tokyo - Stocks lost more than 2 per cent in Tokyo Friday as concerns over the US economy grew stronger among the market players.

The Nikkei 225 Stock Average tumbled 295.88 points, or 2.21 per cent, to 13,080.93.

The broader Topix index of all first-section issues also fell 31.67 points, or 2.43 per cent, to 1,271.95.


Wall Street falls as economic growth less than expected

Wall Street falls as economic growth less than expected New York - Stocks retreated on Wall Street Thursday after US economic growth was less than analysts had predicted.

The US economy grew at 1.9 per cent in the second quarter of 2008, the government said Thursday, shaking off an ongoing credit and housing crisis that had some predicting a recession in the first half of the year.

The gross domestic product (GDP) figure was up from a revised 0.9 per cent in the first quarter, but less than the 2.3 per cent economists had predicted for the world's largest economy, according to Bloomberg financial news.


Wall Street falls as economic growth less than expected

Wall Street falls as economic growth less than expected New York  - Stocks retreated on Wall Street Thursday after US economic growth was less than analysts had predicted.

The US economy grew at 1.9 per cent in the second quarter of 2008, the government said Thursday, shaking off an ongoing credit and housing crisis that had some predicting a recession in the first half of the year.

The gross domestic product (GDP) figure was up from a revised 0.9 per cent in the first quarter, but less than the 2.3 per cent economists had predicted for the world's largest economy, according to Bloomberg financial news.


Sensex Loses 88 Pts Ahead Of Inflation Announcement

After trading in lethargic manner since the opening bell, the Indian stock Sensex Loses 88 Pts Ahead Of Inflation Announcementmarket eventually came down and lost 125.54 points to touch the low of 14,161.76.

Sensex continued to trade in negative terrain ahead of inflation declaration.

At 1:13 pm, the BSE Sensex lost 88.64 points at 14198.57, while NSE Nifty stood at 4299.80, 13.45 points.

The market experienced 1,179 advancements, 1,200 declinations while 82 remained unchanged.


Stock Markets Close Higher; BSE Sensex Gains 495 Pts

Indian equities rallied by gaining around 500 points on Wednesday (July Stock Markets Close Higher; BSE Sensex Gains 495 Pts30) on account of favorable worldwide signals, encouraging results and sharp buying action in banking, metal, IT and oil stocks.

BSE Midcap and Smallcap index gained 1.68% and 1.41% respectively.

After opening positively at 14,007.32, up 215.78 points, the BSE Sensex soon touched the high of 14,083.80.


Tokyo stocks open lower on concerns over Japanese firms' earnings

Tokyo Stock ExchangeTokyo - Tokyo stocks gave up early gains and ended the morning trading lower Thursday, pressured by mounting worries about corporate earnings in Japan.

The Nikkei 225 Stock Average declined 78.93 points, or 0.59 per cent, to 13,288.86.

The broader Topix index of all first-section issues was down 12.62 points, or 0.97 per cent, to 1,290.37.

The Tokyo market opened higher after Wall Street's overnight gains, but investors' anxiety over Japanese firms' earnings later dampened the sentiment.


Wall Street up as oil price spike spurs energy shares

Wall Street up as oil price spike spurs energy shares New York  - Major US stock indices rose Wednesday after a surge in oil prices led energy companies to their largest gains in six years, while the Federal Reserve said it would extend borrowing to investment banks.

Crude oil jumped 4.58 dollars to 126.77 dollars per barrel in New York trading as petrol inventories declined, sending an energy sector index up 5.6 per cent.


BSE Sensex Gains 397 Pts; Nifty Up By 100 Pts

The 30-share index, BSE Sensex continued to trade strong on the back of BSE Sensex Gains 397 Pts; Nifty Up By 100 Ptsstrong worldwide markets, a sharp decline in crude oil rates and short-covering ahead of July series derivatives expiry.

All these positive signals helped several front line stocks to record handsome gains.

The stocks, which were beaten down after the central bank announced a rate hike got well to lead the rally.

At 12:37 pm, Sensex has gained 397.63 points at 14,189. 7, while the broad-based Nifty stood at 4290.40, up 100.55 points.


Philippine stocks rise 2.28 per cent

Manila - Philippine share prices surged 2.28 per cent on Wednesday on the back of Wall Street's overnight gains and prospects of lower oil prices.

The 30-share composite index of the Philippine Stock Exchange gained 57.79 points to close at 2,583.83, from Tuesday's finish of 2,526.04.

A total of 1.925 billion shares worth 2.806 billion pesos (63.484 million dollars) were traded.

Gainers led losers 88 to 17, while 47 issues were unchanged.

Traders said investors cheered the Dow Jones' surge of more than 2 per cent following a decline in oil prices, which have fallen 25 dollars per barrel since crudes hit a record high on July 11. (dpa)


Tokyo stocks open higher on Wall Street's rises, weaker yen

Tokyo stocks open higher on Wall Street's rises, weaker yen Tokyo - Tokyo stocks opened higher Wednesday on Wall Street's overnight rebound and a weaker yen.

The Nikkei 225 Stock Average rose 156.26 points, or 1.19 per cent, to 13,315.71.

The broader Topix index of all first-section issues was also up 13.13 points, or 1.02 per cent, to 1,294.77.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 108.06-09 yen, up from Tuesday's 5 pm quote of 107.55-58 yen. A weaker yen helps boost Japanese firms' earnings overseas.


Sensex Ends Lower By 557 Pts, Nifty Down By 142

Indian equities fell over 550 points, on Tuesday (July 29), because of CRR Sensex Ends Lower By 557 Pts, Nifty Down By 142 and Repo rate hike, hopeless worldwide signals and heavy selling action across the board.

The Reserve Bank of India (RBI) has raised the CRR (Cash Reserve Ratio) by 25 basis points to 9%. On the other hand, Repo rate has also been augmented by 50 basis points from 8.50% earlier.

However the Bank Rate kept unchanged.

After opening negatively (Tuesday, July 29) at 14,085.53, the 30-share Index slipped further on account of CRR and Repo rate hike news.


US stocks surge as oil drops, steel earnings surge

US stocks surge as oil drops, steel earnings surgeNew York - Major US stock indices rallied on Tuesday, led by surging steel profits, lower oil prices and a jump in financial stocks despite some worrying new housing data.

US Steel Corp, the second-largest US steel producer, climbed 14 per cent after more than doubling its profits in the second quarter of the year. An index of steelmakers jumped by the most since 2002, according to Bloomberg financial news.

Crude oil fell more than 2.50 dollars to 122.19 dollars per barrel in New York, part of a weeks-long drop since topping 140 dollars per barrel in early July.


US stocks surge as oil drops, steel earnings surge

US stocks surge as oil drops, steel earnings surgeNew York  - Major US stock indices rallied on Tuesday, led by surging steel profits, lower oil prices and a jump in financial stocks despite some worrying new housing data.

US Steel Corp, the second-largest US steel producer, climbed 14 per cent after more than doubling its profits in the second quarter of the year. An index of steelmakers jumped by the most since 2002, according to Bloomberg financial news.

Crude oil fell more than 2.50 dollars to 122.19 dollars per barrel in New York, part of a weeks-long drop since topping 140 dollars per barrel in early July.


India's Sensex tanks 4.2 per cent

Stock MarketsNew Delhi - India's benchmark Sensex index tumbled 4.2 per cent in trading on Tuesday afternoon on heavy selling by funds and investors after the Federal Reserve Bank of India hiked its key interest rate.

The 30-share index lost 606.41 points and was trading at 13,742.70 points at mid-session soon after the RBI announced the hike in a quarterly review of the monetary policy.

Market analysts said weak global markets had a negative impact on trading in the domestic bourses.


Shares fall 2 per cent in Seoul

Stock MarketSeoul - Shares nosedived Tuesday on the Seoul stock exchange on renewed concerns over the US financial market and higher oil prices.

The benchmark Kospi index fell 31.09 points, or 2 per cent, to close at 1,567.20.

Declining issues outnumbered advancers 672 to 148.

The main index of the technology-heavy Kosdaq market fell 8.69 points to 535.36.

On currency markets, the US dollar was quoted at 1,008.80 Korean won, after 1,006 won on Monday. (dpa)


Sensex Tanks 400 Pts On CRR, Repo Hike

The 30-share Index, BSE Sensex lost over 400 points as the Reserve Bank Sensex Tanks 400 Pts On CRR, Repo Hikeof India (RBI) raised the CRR (Cash Reserve Ratio) by 25 basis points and Repo by 50 basis points.

At 11:59, Sensex stood at 13,907.92, down 441.19 points, while the broad-based NSE Nifty lost 103.45 points at 4228.65. It also touched a low of low of 13,903.69.

The overall market breadth was sharply negative as it experienced 886 progressions as against 1367 declinations.


Sensex Ends 74 Pts Higher; L&T Zooms 3.73%

Indian stock markets ended positively on Monday (July 28), led by Larsen & Sensex Ends 74 Pts Higher; L&T Zooms 3.73%Toubro, Tata Power and ACC.

The broad based Nifty’s increase was led by oil & gas, capital goods and consumer durable stocks. But, metal and power stocks went down.

On global front, the majority of the Asian stocks went up on Monday, however, European shares declined during the early trade.

Finally, the Sensex marked its closure at 14,349.11 after making a gain of 74.17 points. It also touched a high of 14,421.61 and a low of 14,219.38 during the day.


Tokyo stocks lose more than 2 per cent on Wall Street plunge

Japan Stock MarketTokyo - Stocks plunged more than 2 per cent in Tokyo Tuesday after Wall Street sharply fell overnight on renewed worries about the US financial market.

The Nikkei 225 Stock Average dropped 287.34 points, or 2.15 per cent, to 13,066.44.

The broader Topix index of all first-section issues was also down 30.42 points, or 2.24 per cent, to 1,270.37.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 107.43-46 yen, down from Monday's 5 pm quote of 107.73-76 yen.


.

Technical View on Stocks
Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan

Recent Images

 
Syndicate content



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate