Truncated week sees Sensex cross 17,000 points (Weekly Market Review)October 2nd, 2009 NEW DELHI - In a truncated trading week, the benchmark index of Indian equities markets crossed the 17,000-mark for the first time in 16 months. In a truncated trading week, due to two public holidays Monday and Friday, the 30-share sensitive index (Sensex) ended 441.55 points, or 2.65 percent higher, at 17,134.55 points at weekly close Thursday, as opposed to the previous week's close at 16,693 points.
Markets trade on cautious note (Weekly Market Review)September 26th, 2009 NEW DELHI - Indian equities traded on a cautious note this week as anxious investors sought to book profits ahead of the quarterly results season. Uncertain global cues and concerns that inflation could return to haunt policy makers added to investor anxiety.
Sensex, Nifty reach 2009 highs (Second Lead)September 7th, 2009 MUMBAI - Key indices of the Indian equities markets Monday touched highs not seen previously in 2009, as investors continued to buy, particularly into realty, metal, banking and consumer durables stocks, 20 minutes before the closing bell. At 3.10 p.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,739.27 points, was trading at 16,028.53 points, up 339.41 points or 2.16 percent higher than Friday's close.
Sensex touches 14 month high in early tradeAugust 4th, 2009 MUMBAI - The Bombay Stock Exchange (BSE) benchmark Sensex rose to a 14-month high in early trade on Tuesday. The Sensex was trading 86 points low at 15,837 in early trade.
Sensex holds on to gains, 140 points up in afternoonJune 29th, 2009 MUMBAI - Indian equities markets were trading on a high Monday, with a key index rising 140 point from its last closing figure about 90 minutes before the closing bell. Just before 2 p.m., the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,815.9 points, was trading at 14,905.08 points - 140.44 points or 0.95 percent higher than Friday's close.
Indian markets inch up, Sensex closes 242 points higher (Weekly Market Review)June 27th, 2009 MUMBAI - Indian equities markets, which were trading in volatile conditions for the most part of the week, finished on a high Friday, thanks to the strong global cues. A key index moved up 242 points from its previous weekly close.
Indian stock markets open on strong note againMay 25th, 2009 NEW DELHI - After registering the steepest weekly rally in 17 years, Indian equities resumed trading on a positive note Monday despite some weak global cues even as investors awaited clear policy signals from the new government before taking positions. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 13,988.10 points, against Friday's close at 13,887.15, and soon touched a high of 14,008.75 points.
Key Indian market index has steepest jump in 17 years (Weekly Market Review)May 23rd, 2009 MUMBAI - The bulls are smiling again in Indian equities markets with a key index breaking several records this week, moving up by over 14 percent to register the steepest weekly gain in 17 years. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) also rose for the 11th consecutive week, staging the longest weekly rally in four years.
Markets nose dive on openingMay 19th, 2009 MUMBAI - The frenzied rise of the Indian equities markets seemed to have come to an end abruptly minutes after Tuesday's opening bell as a key index plummeted 289 points after opening 475 points higher. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened 475 points higher at 14,757.82 points, soon dived 373 points or 2.62 percent to 13,910.5 points.
Markets shut for the day after hitting upper circuit againMay 18th, 2009 MUMBAI - Indian equities markets were shut for the rest of the day after hitting the upper circuit twice Monday, with a key index soaring another 309 points within seconds of resuming trade. Trading had been suspended within a minute of the opening bell, after key indices touched the upper circuit prompting stock exchanges to pull down the shutter for two hours.
Indian markets toast UPA win as sharp surge halts tradingMay 18th, 2009 MUMBAI - The Indian stock markets Monday gave a resounding welcome to the electoral victory of the Congress-led coalition and trading was suspended for the day at the bourses after key indices touched the upper circuit filter twice in about two hours. This was for the first time trading was suspended for the day at both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) because their key indices hit the upper circuit - an in-built mechanism to curb excessive volatility.
Stock markets closed for an hour after huge jumpMay 18th, 2009 MUMBAI - Stocks jumped up by such an extent as soon as Indian equities markets opened Monday morning that trading had to be halted for an hour, as the rally had hit the 'upper circuit breaker'. Within 15 minutes of opening, the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, rose by 1305.97 points to 13,479.39.
Indian markets toast poll verdict as surge halts tradingMay 18th, 2009 MUMBAI - Indian equities markets Monday gave a resounding welcome to the electoral victory of the Congress-led alliance as investor frenzy forced the suspension of trading for the day after indices hit upper circuit filters twice within seconds. If the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose an unprecedented 2,099.21 points, or 17.24 percent, the broader 50-share S&P CNX Nifty of the National Stock Exchange (NSE) did even better, gaining 636.4 points, or 17.33 percent.
Trading halted further as markets surgeMay 18th, 2009 MUMBAI - Trading was halted for two hours at Indian equities markets Monday as stocks jumped up more than 10 percent right on the opening bell on the news of the victory of United Progressive Alliance (UPA) in the general elections. Key indices breached the 'upper circuit', leading to the halt.
Volatile trade keeps markets on a see-sawJanuary 16th, 2009 MUMBAI - It was a see-saw week at the Indian equities markets, which kept investors guessing as to how to cope with such volatile conditions. A key index closed 0.88 percent down Friday, a little below its close of the previous week.