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Nifty down. Close to breaking 4800.
Written on 18 May, 2012 at 9:45 in Market Beat |
Markets have opened in the red following global cues. Nifty is down 67 points or 1.3% at 4,804. Sensex has opened down 210 points at 15,860. US stocks added to losses late on Thursday, as higher Spanish bond yields... (Continue reading)
Markets move up. Banking stocks gain.
Written on 17 May, 2012 at 10:33 in Market Beat |
Markets have seen a pull back on Thursday, rising nearly 1%, following the strong cues from Asian markets. Banking and financial stocks have been the top gainers in the trades. At 10:25 AM, the Nifty is at 4911, up... (Continue reading)
Nifty tanks down 1.5%. Tata Motors nosedives 6.5%
Written on 16 May, 2012 at 10:25 in Market Beat |
Markets have extended losses, falling close to 300 points due to consistent downtrend across the board. The BSE benchmark tanked 297.26 points or 1.82% to 16,030.99 due to fall in 28 components. Meanwhile, the NSE benchmark lost 87.45 points... (Continue reading)
Markets still cautious. Nifty drips below 4900
Written on 15 May, 2012 at 9:48 in Market Beat |
The markets have opened marginally lower in trades today tracking weakening Indian rupee and negative global cues. The Sensex has opened at 16,183 and the Nifty is at 4,894 down 14 points. Grassim is the top loser among the... (Continue reading)
Tech stocks fall. Markets hold flat trades
Written on 8 May, 2012 at 9:37 in Market Beat |
The Sensex and the Nifty opened flat in the trade today. TCS, Infosys, Wipro and HCL Tech were down 3-4% after Cognizant cut its revenues and profit guidance for FY12 to 20% from earlier 23%. The BSE benchmark was... (Continue reading)
Markets continue to drift lower
Written on 7 May, 2012 at 9:51 in Market Beat |
The markets witnessed a gap-down opening and the BSE Sensex is currently at 16,581, down 251 points and the Nifty at 5,006, down 81 points. Within minutes after opening, the Nifty slipped below the crucial 5,000 mark to touch... (Continue reading)
Markets open in red.
Written on 4 May, 2012 at 9:51 in Market Beat |
Markets have started the trading session on a lower note tracking weak global cues. The Sensex has opened at 17,114 levels, down 37 points whereas the Nifty declined 13 points at 5,176 levels. On the global front, US services... (Continue reading)
Nifty softens to 5200. Hero Motors down 5%.
Written on 3 May, 2012 at 9:28 in Market Beat |
Markets have seen down trades as the American markets closed in the red yesterday. Hiring in the private sector showed a decline in April, triggering cuts in the Dow and the S&P 500 indices. Back home, the Nifty saw... (Continue reading)
Dow Jones records 4 years high.
Written on 2 May, 2012 at 13:54 in Market Beat |
U.S. manufacturing has grown the fastest in the past 10 months, which gave the NYSE stocks a lift on Tuesday and pushed the benchmark index – the Dow Jones industrial average to its highest close in more than four... (Continue reading)
Nifty higher. Banking stocks gain.
Written on 12 Apr, 2012 at 9:54 in Market Beat |
Markets have seen trades in the green territory as stocks from the banking, capital goods and metals space move forward. The Sensex has opened 100 points higher. The Nifty is up by 44 points at 5270 with 0.85% gains.... (Continue reading)
Fresh tremors felt in Bangalore, Kolkata and Chennai at 4:15 PM. Indonesian earthquake of 8.9.
Written on 11 Apr, 2012 at 16:40 in General, Market Beat |
Fresh tremors were again felt in the Indian cities of Bangalore, Kolkata and Chennai at around 4:15 PM. This is in succession to the earlier tremors that were experienced in these cities at around 2PM. The shocks however remained... (Continue reading)
Markets slide down. Aviation stocks move up.
Written on 11 Apr, 2012 at 10:09 in Market Beat |
The markets witnessed a weak opening today tracking global cues. The BSE Sensex is currently at 17,104, down 140 points and the Nifty is at 5,196, down 48 points. BSE Metal, Capital Goods and Bankex indices, down 1-2% each,... (Continue reading)
Indraprastha Gas Limited nosedives 45%
Written on 10 Apr, 2012 at 10:01 in Market Beat |
Markets have seen weak trades following yesterday’s fall. Oil & gas and real estate stocks have seen major declines. Global markets have also been wary in the wake of higher inflationary numbers posted from China. The S&P 500 as... (Continue reading)
Nifty falls 1% as global markets decline
Written on 9 Apr, 2012 at 10:10 in Market Beat |
Markets have shed in the trades, leaving the indices to witness a cut of over 1%. Weak trades have been seen on all the global markets, pushing the trading sentiment low back home. The BSE Sensex is at 17,362,... (Continue reading)
Markets soft. Coal India, Axis Bank down.
Written on 4 Apr, 2012 at 9:31 in Market Beat |
Markets have seen declines in the trades, as the global peers trade in red. Stocks from the power sector are in upswing while selected stocks from the metal space are witnessing trades on the downside. The US markets closed... (Continue reading)
Nifty moves up 50 points.
Written on 3 Apr, 2012 at 11:27 in Market Beat |
The markets are witnessing firm trades in the morning session with the BSE Sensex at 17,603, up 125 points and the Nifty at 5,357, up 39 points. BSE Metal, Bankex and IT indices are leading the gains in an... (Continue reading)
Flat trades in markets. Nifty hovers at 5300
Written on 2 Apr, 2012 at 10:25 in Market Beat |
Markets are witnessing an absolutely flat trade in the Monday trading session. Cues from Asian markets are also not very supportive for uplifting the moods in the Indian peers. Some of the Bank stocks have however continued to rally... (Continue reading)
Nifty spikes up 2%. Pranab clarifies on P-Notes
Written on 30 Mar, 2012 at 10:45 in Market Beat |
The Markets zoomed, after the Finance Minister Pranab Mukherjee issued a statement clarifying the air on the issue of P-notes being taxed under the GAAR. The Minister has indicated that the government is not willing to harass genuine investors.... (Continue reading)
Markets ease out as global peers decline. Nifty tests below 5150
Written on 29 Mar, 2012 at 10:00 in Market Beat |
Markets witnessed a sharp opening in the red, as the global bourses are all trading in the red zone. Concerns of economic stability have again sprung up, as Spain was announced to slip into recession again. The economic data... (Continue reading)
Markets end lower. Metals drag.
Written on 28 Mar, 2012 at 16:38 in Market Beat |
Markets ended lower on Wednesday with selling pressure seen in banks, metals and index heavyweights Reliance Industries and Infosys. The Sensex ended down 135.74 points or 0.79%, to close at 17,121.62. The Nifty ended below the 5200 level, which... (Continue reading)