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Sensex, Nifty trim losses; Broader markets outshine
Posted on 15th April 2015
Benchmark indices are trading marginally weak after trimming losses on gains in select index heavyweight and bank stocks as the continuing deflation in wholesale prices have raised hopes of a rate cut by Reserve Bank of India.

At 2:07PM, the 30-share Sensex and the 50-share Nifty were flat at the mark of 29,043 and 8,828 respectively.


BSE Sensex, NSE Nifty up 2.0 pct on Moody’s positive credit outlook
Posted on 11th April 2015
The benchmark BSE Sensex and NSE Nifty rallied for the second week in a row by over 2.0 percent buoyed by across-the-board buying, Moody’s raising country’s credit outlook and speculations that the US Fed may keep interest rates low after weak jobs data.

However, Reserve Bank of India, in its monetary policy on April 7, left the short-term lending rate or repo rate unchanged and also kept the cash reserve ratio and the statutory liquidity ratio static, which weighed on the markets as Sensex closed almost flat on Tuesday.


NSE midcap index hits record high
Posted on 10th April 2015
Shares of midcap companies are continue at their upward march for the seven straight trading sessions with the National Stock Exchange (NSE) CNX Mid-cap index hit a fresh record high today.

At 1427 hours, CNX Mid-cap index was up 0.60% at 13,608 points, after hitting a new high of 13,631 in intra-day trade. The CNX Nifty was down 0.20% at 8,761.


Inox Wind lists at premium on NSE
Posted on 9th April 2015
Shares of Inox Wind listed at Rs 400, a 23% premium against its issue price of Rs 325 per share, on the National Stock Exchange (NSE).

It touched high of Rs 427 and has seen a combined 4.91 million shares changed hands on the counter on the NSE and BSE. At 1015 hours, the stock was trading at Rs 411 on the NSE.


Stock markets closed on Thursday and Friday on account of Mahavir Jayanti and Good Friday
Posted on 2nd April 2015
BSE Sensex, NSE Nifty are closed on Thursday and Friday due to public holidays. Trading will resume on Monday.

The benchmark BSE Sensex on Wednesday began the new fiscal year on a promising note by gaining more than 300 points to settle the day at 28,260.14, recording first weekly gain in three weeks while Sun Pharmaceutical Industries and Ranbaxy Laboratories surged ahead of a planned merger.


189 NSE firms fail to get women on board as Sebi deadline passes
Posted on 2nd April 2015
As many as 189 companies or nearly 13% of the 1,457 NSE -companies missed the March 31 deadline of appointing a single woman director on their boards, according to a compilation by Prime Database.

The number stood at 245 companies as on 4:30pm on March 31. More than 50 companies including Adani Enterprises on Wednesday announced the appointment of women directors, even as many others including some state-run giants lagged behind in getting a female member on their board to comply with a new regulatory requirement.


Markets recover from day's lows; ICICI Bank, SBI up 2%
Posted on 27th March 2015
Markets recovered from day's lows but continued to remain volatile helped by a rebound in bank and information technology shares even as select index heavyweights capped upside gains.

At 2:30PM, the 30-share Sensex was up 6 points at 27,463 and the 50-share Nifty was down 8 points at 8,334.


Nifty ends below 8,600; NTPC slumps 6%, ICICI Bank dips 3%
Posted on 20th March 2015
Benchmark share indices extended losses for the third straight day as investors booked profits at higher levels with ICICI Bank and FMCG majors leading the decline.

The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.


Sensex plunges 427 pts to close at 28,503; Nifty 128 pts at 8,647
Posted on 14th March 2015
BSE Sensex and NSE Nifty closed more than 1% lower on Friday as the retail inflation data dampened hopes of a rate-cut by the Reserve Bank of India (RBI) in April and fear of a US Fed rate-hike in June put emerging market currencies under pressure.

“There are no key triggers for the markets, currently. While markets opened higher amid optimism from the passage of the insurance bill in the Rajya Sabha, it doesn’t come across as a great surprise as it was a long-pending issue.


NSE Nifty soars to new record, hits 9,000-mark for first time
Posted on 3rd March 2015
India’s broader NSE Nifty index rose to a record high on Tuesday led by gains in Reliance Industries after CLSA said the conglomerate could report a record profit for the fourth quarter, while hopes of higher weightage in the MSCI index also helped.

The 50-share index rose as much as 0.45 pct to 8,996.80, surpassing its previous record high of 8,996.60 hit on Jan. 30.


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