stock markets

Sensex Trades in Loss

by Paul Joseph September 30, 2011 Featured

Indian market on Friday was trading in loss and made its end at 16,453.76, which was down by 244.31 points. Not only Sensex, but world market was also trading on shaky grounds which had an impact on Sensex and Nifty which was down by 77.20 points and was at 4,943.25. read more

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Sensex Falls 700 Points

by Paul Joseph September 22, 2011 Featured

According to the recent reports from the stock market, it has been revealed that Sensex has seen a plunged more than 700 points and as ended lower by 4.2%. The US Federal Reserve has issued warning after this development. They have raised concerns over the downside risk this might tend to have on the growth. Analysts are of the view that there are more fluctuations to be witnessed by the market and any changes should be made to work for the betterment of business. Respite has come to India in the meantime and they are easing off the clutches of inflation a bit. read more

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Profit Prevails in Market Due to Greece

by Paul Joseph September 21, 2011 Featured

A ray of hope has been aroused in the trade market due to Greece, and the market was seen flowing in profits with all credit going to Germany which paid 769 million Euros in form of bond coupons. With this it has been considered that it would also be able to pay all its debt and would not let economy to dip in recession. read more

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BSE Witnesses a fall by 32 Points

by Paul Joseph September 13, 2011 Featured

The Bombay Stock Exchange index dropped by 32 points today, after the shareholders invested in the banking, automobile and medical sector. Also, the European share market has witnessed a fall. At one point of time, BSE was at its highest mark of 265 points, at 16,766.19, giving way to gains maintained at 34.30 points. The index witnessed a drastic fall by 660 points. With the fall at the index, various financial experts were predicting that the Reserve Bank of India will make further increase in the rate of interest in order to balance the fall in the market. read more

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BSE Realty Index Rolls Down By 5.38%

by Paul Joseph August 16, 2011 Featured

The Bombay Stock Exchange’s Sensex was observed to end at 16769.67, down 69.96 points or 0.42% whereas the 30 share index touched intraday low of 16673.52 and high of 17035.49 intraday. Simultaneously, the National Stock Exchange’s Nifty closed at 5060.95, down 12 points or 0.24% and the broader index climbed at 5132.20 and low of 5015.40, during the today’s trade. read more

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GMR Infrastructure Mounts Following the Acquisition of 30% Stake in GEMS

by Paul Joseph August 12, 2011 Featured

After the announcement of the GMR Energy (GEL) to take 30% stake in T Golden Energy Mines Tbk (GEMS), a Sinar Mas Group company in Indonesia, the shares of GMR Infrastructure went up 1.68% at Rs. 30.35 on BSE. However, the BSE Sensex dropped 11.06 points, or 0.06%, to 17,048.34. read more

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Sensex Rose to 272.60 Points

by Paul Joseph August 10, 2011 Featured

The traders in India had a robust day today as the trade market of the country rose over 1.5%. It has been reported that the BSE Sensex and NSE benchmark rose by 272.60 points and 88 points respectively. It is believed that the Fed’s decision to keep interest rates at a record near zero level to kick start the American economy surged the Indian market. Following the decision by Fed, the American market, Dow, rose to 429 points which was the tenth biggest points gain ever. read more

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Wipro Stock Increases after 3 months of Earning Reports, as DLF Makes the Highest Close

by Paul Joseph July 20, 2011 Featured

According to reports, the nation’s third-biggest software services provider, Wipro and the largest developer, DLF, respectively increased revenues the most in three months after its earnings report and set for the highest close since the month of April. Also, U. S. and Asian equities surged after President Barack Obama endorsed a deficit cut proposal by the bipartisan group of senators, alleviating concerns that a short-term default by America might slowdown the global economic recovery. read more

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Sensex Rises, Market Shows Positive Trend

by Paul Joseph July 19, 2011 Featured

The Sensex was high by 0.72% or 133.97 points at 18641.01 and the Nifty was high by 0.99% or 54.95 points at 5622. Ambit Capital Head of Equities Saurabh Mukherjea said that he sense that Sensex with 18,000 points can be quite supportive to Indian market and suggested exposure to FMCG and pharma stocks. “I would avoid exposure to rate sensitive at this point”, he said. He said that the rates should be increased by 100 basis points in order to control inflation. read more

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Rupee Traded Up in the Early Trades

by Paul Joseph July 19, 2011 Featured

Rupee traded up slightly in the early trades, as euro was found steady. The rupee started by 3 paise high at Rs. 44.54/55 per dollar but came down to 44.59 in the day. The European unit was steady on Tuesday. After its last session, it has jumped back to 1.4080 levels, has traded with greenback after falling to 1.4013 and also recorded a fall of 1.1365 against the Swiss franc a day before. read more

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