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Sensex closes 18 points up

In choppy trade, the Bombay Stock Exchange benchmark today closed with a moderate gain of 18 points as investors indulged in profit-booking, tracking the weak European trend.
The Sensex, which had surged to 30-month high by adding 124.41 during the day, rolled back to close with a small gain of 17.83 points at 18,130.98.
The intra-day surge [...]

HDFC Bank down

Equities ended lacklustre session on a positive note as bulls ran out of steam near resistance levels due to lack of cues from global peers. Meanwhile, the broader markets outperformed the benchmarks.
Bombay Stock Exchange’s Sensex ended at 17965.44, up 55.98 points or 0.31 per cent. The index touched intraday high of 17980.27 and low of [...]

Indian ADRs gain $1 bn in a week

Led by IT major Wipro, Indian stocks trading on American bourses added over $1 billion to their cumulative market capitalisation last week.
For the week ended July 9, the 16 Indian companies listed on the New York Stock Exchange and Nasdaq together added $1.07 billion to their total market capitalisation, with Wipro alone accounting for $955 [...]

BSE benchmark index, the Sensex, climbed nearly 1% on Tuesday,

The Bombay Stock Exchange’s (BSE) benchmark index, the Sensex, climbed nearly 1% on Tuesday, led by software majors and financials, with improved rainfall and firm world equities boosting sentiment.
Financials topped the gainers on expectations that loan demand would pick up in the world’s second-fastest growing major economy after China. Investors shrugged off concerns of a [...]

Sensex up 154 points

The Bombay Stock Exchange (BSE) Sensex climbed on Thursday for the seventh consecutive session in its longest winning run in 10 months, driven by expectations for robust corporate earnings growth and improving global risk appetite.
Foreign funds, which are a trend-setter for the market, have moved $588 million into Indian equities in June, with the inflow [...]

HDFC Bank-led ADRs gain

Led by private sector lender HDFC Bank, Indian stocks trading on the American bourses added USD 3.3 billion to their cumulative market capitalisation last week.
For the week ended June 11, the 16 Indian entities listed on the New York Stock Exchange and Nasdaq added USD 3.3 billion to their market capitalisation, with HDFC Bank alone [...]

Citigroup sells stake

Continuing its selling spree, global financial major Citigroup offloaded shares of seven domestic companies, including six Sensex firms like Reliance Industries and ICICI Bank, in block deals valued at Rs 109.58 crore.
Foreign fund house Citigroup Global Markets Mauritius sold a total of 8,54,633 shares in these companies. These shares were purchased by ABN Amro Bank [...]

HDFC Bank-led ADRs gain $3.3 bn

Led by private sector lender HDFC Bank, Indian stocks trading on the American bourses added USD 3.3 billion to their cumulative market capitalisation last week.
For the week ended June 11, the 16 Indian entities listed on the New York Stock Exchange and Nasdaq added USD 3.3 billion to their market capitalisation, with HDFC Bank [...]

Indian stocks closed higher for the third consecutive day Friday

Indian stocks closed higher for the third consecutive day Friday, on the back of a sustained upmove in the overseas markets. This followed China denying reports it was evaluating its Eurozone bond portfolio due to the debt crisis. Sentiments also improved on the back of good corporate performances by SAIL, HDIL and others.
Sensex end the [...]

Sensex gains for 3rd day

Indian stocks closed higher for the third consecutive day on Friday, on the back of a recovery in the overseas markets. Indices got a boost from the positive opening of the European markets.
Improved market sentiments, on the back of good corporate performances, saw the Sensex end at provisional 16,837.76, gaining 171.36 points or 1.03 per [...]