Sensex opened on positive note

MUMBAI: The Bombay Stock Exchange benchmark Sensex opened on positive note on Thursday too. In the early trade both the indices were enjoying rise. The Sensex was trading at 14,236 at 10.24 hours IST. It shows a rise of 127 points. While the Nifty rose 26 points to 4,302 at the same time.

Buying was seen in telecom (barring Idea and Tata Communication), power, technology, realty along with stocks like Reliance Industries, HDFC and ACC Bharti Airtel and L&T surged over 3.5%. However, ONGC, BHEL, SBI, Sterlite, Reliance Infrastructure, BPCL and Maruti were under pressure. The broader indices like the BSE Midcap and the Smallcap indices gained 0.8-1%. About 2038 shares advanced while 749 shares declined.

Nearly 342 shares were unchanged. Among the midcap stocks, Matrix Lab, Sunteck Realty, Essar Shipping, GE Shipping and Godrej Consumer were up 6-9%. However, Era Infra Engg, TV18, Deccan Chronicle, Pidilite Industries and Shree Cements fell 3.8-4.5%. In the smallcap space, Novartis India, Hatsun Agro, Garden Silk Mills, Sahara One and Balmer Invest went up 8-14% while Anus Labs, TV Today Network, Temptation Food, Accel Frontline and Walchandnagar lost 4.6-9%.

Sensex remain volatile, ends up 12.14 pts

MUMBAI: On the first day of the week, Sensex remained volatile. On Monday, the Bombay Stock Exchange benchmark Sensex was flat and ended up 12.41 points to 13,899.56. During the day metal, capital goods, banking sector and realty sector stocks gained. Major gainers on the Sensex are DLF Ltd up 5.25 per cent to Rs 351.50, Tata Steel 2.70% to Rs 373.40, Sterlite Industries was surged 4.19 per cent to Rs 529.15 and Larsen and Toubro 1.60 per cent to Rs 1,322.

The Sensex opened with a positive gap of 101 points at 13,988, on Monday. Around noon it soared to a high of 14,028, up 141 points. However, the index could not hold gains and slipped into the red to touch a low of 13,819, down 209 points from day's high. Suzlon and Jindal Steel dipped 5% each to Rs 89 and Rs 2,078, respectively. HDIL slumped 4% to Rs 294. Cairn India, Tulip Telecom, National Aluminium Company, BEML, Punjab National Bank, IDFC, GMR Infrastructure and Indian Bank were also slumped. The market breadth was extremely positive -out of 2,816 stocks traded about 87% (2,470) advanced while only 11% (316) declined and the rest were unchanged today.

Sensex down 135 pts

MUMBAI: After a 17.5% post-election rally earlier this week, the Sensex plunged into negative zone on Thursday. This was a result of profits taking of investors. In early trade, the Bombay Stock Exchange benchmark Sensex was slipped by 135 points at 13, 926.The market breadth is extremely positive. Out of 2,307 stocks traded, 1,960 have advanced while only 308 have declined.

Among it, Maruti Suzuki has dipped 6% to Rs 978. Larsen & Toubro has shed 5% at Rs 1,293. Mahindra & Mahindra and ICICI Bank have decreased 3.5% each to Rs 653 and Rs 683, respectively. SBI, HDFC, ACC, Wipro, Sun Pharma, ITC, BHEL and HDFC bank have dipped 1-3% each. Meanwhile, Reliance Communications has gained 3.5% at Rs 319. Jaiprakash Associates and Sterlite have advanced 2% each to Rs 177 and Rs 556, respectively. Ranbaxy, Tata Steel and NTPC have added 1.55 each. ONGC, Tata Motors and Tata Power have surged marginally.

Sensex zoomed 2,099 pts at 14K, trading halted today

MUMBAI: The Sensex was celebrating the Lok Sabha victory of UPA on Monday. It seemed like the marketmen were waiting for only this move. All the major sector-indices were trading in the positive zone. The Bombay Stock Exchange benchmark Sensex jumped 2099.21 points at 14,272.63 and the Nifty gained 636.40 points at 4,308.05. Total volumes traded on both exchanges were at Rs 3100 crore. This comprised of Rs 2800 crore from the NSE F&O segment, Rs 300 crore from NSE & BSE cash segments.

The previous close on Friday was 12,173.42. The Sensex regained the 13,000 level for the first time since September 18, 2008. This was the first time that the Sensex surpassed the 13,000 mark and the Nifty crossed the 4000 level.

Trading halted for the day: The market authorities decided to close trading for the day as the markets hit 20% upper circuit. After the five minute trading, the Sensex re-opened at 11:55 am.

The benchmark indices locked at upper circuit. The BSE and NSE have decided that the trade will start at 11:55 am (i.e. after two-hour halt). In the first 30 seconds of trade, the Sensex crossed the 13,000 mark and inched up towards 14,000 level. Huge upsurge of 420 points or 11.4% in the SGX Nifty was suggesting the same trend. The 50-share NSE Nifty was up 531.65 points or 14.48% at 4,203.30 and the 30-share BSE Sensex surged 1,789.88 points or 14.70% to 13,963.30. Less than Rs 1000 crore of trade was seen in the cash and F&O segment.

Sensex tumbles 106 pts at 11k

MUMBAI: The Sensex tumbled on Thursday in the early trade. The Bombay Stock Exchange benchmark Sensex dipped, recovered and than slipped down 106 points at 11,913. In the same way, the wide-based National Stock Exchange index Nifty declined by 97.65 points to 3,537.60 points. It was the reflection of selling by funds amid uncertainty over the result of the Lok Sabha polls.

Tata Motors and Bharti Airtel have dipped 3% each to Rs 260 and Rs 773, respectively. ICICI Bank has declined over 2.5% to Rs 535. Sterlite and wipro were fell over 1.5% each to Rs 465 and Rs 369, respectively. DLF and Mahindra & Mahindra have advanced 2% each to Rs 238 and Rs 521, respectively. The market breadth is fairly negative. Out of 2,041 share traded, 1,112 have went down, 855 have advanced and 74 are unchanged.

Maruti dips 2 per cent despite new launch

Maruti Suzuki's has declined 2.04% to Rs 821.90. The shares of the company opened at Rs 825 and gained Rs 834.80. when trading on BSE, it gained a high of Rs 839. On the other hand trading on NSE, the shares opened at Rs 815.65 and touched a high of Rs 834.35. The previous close was Rs 839.05. The volume of shares traded at the BSE, in the noon was 314.04k (Thursday). The market did not respond to the company's new launch to be held on Friday. It may be recalled that Maruti Suzuki is going to launch its new hatchback Maruti Ritz in India on Friday.

This car will have several firsts tagged with it like Tata Nano. Ritz will be the first car which would have the engine that is compliant BS-IV emission norms. Moreover, The new hatchback will be availabel with two different engine K12M 1.2 litre petrol engine and 1.3 litre diesel engine. Modified suitably to comply with the forthcoming BS-IV emission norms and provide even better driveability, the diesel will run even cleaner than before, and Maruti claims it will run 21 kilometres for every litre of diesel. The company's new invention K12M engine, which is used for the first time in Ritz, is claimed to be more fuel-efficient and eco-friendly. However, the price of the car has not disclosed yet.

Industry experts says that it would be priced at about Rs 4.5-5 lakh. The car will be positioned in the premium A2 segment. The company has the largest market share of 58 per cent in the A2 segment. The company's ambitious car Ritz is expected to consolidate its leadership in the highly competitive compact car segment. This will be the eight car from company after successful launching of Swift, Zen Estilo, SX4, Swift Diesel, Grand Vitara, Swift DZiRE and A-star.

Sensex slips into negative zone

MUMBAI: The Sensex dipped into the negative zone and could not rise up. However, Asian Markets were tarding high. On Monday, The Bombay Stock Exchange benchmark Sensex was down by 50.80 points at 11,825.63 and the wide-based National stock Exchange index Nifty was down by 19.80 points at 3,600.90.

The index is now fall 51 points at 11,11825. CICI Bank has continued to increase quickly and strongly and is now up 4% at Rs 541. ONGC has advanced 2% to Rs 902. Reliance Infrastructure, Sterlite, ACC,Mahindra & Mahindra and Tata Steel have increased 1% each. While, Hindustan Unilever has shed 2.5% at Rs 227. Bharti Airtel has slipped 2% to Rs 754. DLF, BHEL, Jaiprakash Associates and Ranbaxy has down 1% each.