The key indices held steady, with metals, realty and IT setting the pace. The respective BSE sector indices were up 1.57 per cent, 1.47 per cent and 1.33 per cent. “18,350 on the Sensex and 5,514 on the Nifty are important resistances to watch for. Among the indices, FMCG, healthcare and realty stocks look good [...]

Indices came off highs, after starting the day on a strong note on Thursday on the back of gains across Asia. Automobile stocks took over the lead from realty, pushing it to second place. Metals too gave in their third position to banking stocks. IT, telecom and entertainment stocks slipped into the red. Nifty was [...]

Indian stocks were marginally lower Wednesday, trailing weakness in Asian markets. Weighing the indices down were realty, metal, auto and banking stocks. Gainers were IT, FMCG, healthcare, telecom, entertainment, consumer durables and power. Sensex was down 29.38 points or 0.16 per cent at 18,282.21. The Bombay Stock Exchange sensitive index opened at 18,308.51 against the [...]

Ignoring a weak global trend, relentless buying by foreign funds coupled with fall in inflation and rise in exports for the ninth month in a row boosted the market sentiment and kept the BSE Sensex well above the 18,000 level despite heavy selling by domestic funds. Persistent buying by foreign funds amidst softening food inflation [...]

The BSE Sensex barely changed on Tuesday after moving in a tight range with investors undecided on the outlook as they await a clearer picture of the global economic recovery. Traders said the US government data on producer prices and housing starts for July later in the day, and the Fed’s figures on industrial output, [...]

Bucking the weakness in Asian markets, Indian stocks were trading higher on Friday. Leading the way were banking stocks, and supported by PSUs, oil & gas and realty. All the sector indices were in the green. Sensex was up 72.33 points or 0.40 per cent at 18,146.23. The Bombay Stock Exchange sensitive index opened at [...]

The country’s largest bank, the State Bank of India, reported a robust performance in the quarter to June, beating average earnings estimations of `2,440 crore . The state-owned bank posted a profit of `2,914 crore for the June 2010 quarter, and not surprisingly, its stock rose by 7% at the end of Thursday’s trading session. [...]

Stock indices advanced further, with realty, FMCG, and metals leading the way. However, oil & gas and consumer durables stocks showed weakness. News of Reliance Industries acquiring another stake in a Shale gas venture in the US lifted market sentiments. The market had opened higher tracking gains in other Asian peers. Leading the rally was [...]

The Bombay Stock Exchange (BSE) Sensex dropped 0.2% in a choppy session on Thursday, with financials leading the fall, reflecting world markets which weakened on US Federal Reserve’s cautious stance on economic recovery. Weak monsoon rains also dampened sentiment. Monsoon rain was 24% below normal in the week to July 14, reviving fears of crop [...]

The Securities and Exchange Board of India (SEBI) has banned an equities dealer of HDFC Asset Management from stock market transactions for allegedly leaking information of its trades to three market participants in advance. The trio, too, have been barred from stock market transactions until further notice. In its order late Thursday, the market regulator [...]