APN News » Markets
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Sensex snaps 4-day losing run;up 30 pts
May 24, 2013Rising for the first time this week, the BSE benchmark Sensex on Friday rose by 30 points, boosted by a 5 pc jump in Tata Steel and gains in fundamentally strong stocks led by consumer durables and metals. The 30-share index commenced the day on a strong note at 19,813.72 but fell to a low [...]
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Sensex fails to maintain initial surge; down 46-points
May 24, 2013Erasing early gains, the BSE Sensex on Friday fell by 46-points in late morning trade following heavy profit-booking in frontline shares of health care, auto, IT, Tech and consumer durables despite firm Asian cues. Earlier, the BSE-30 share index, Sensex, opened smart at 19,765.32-points on heavy buying in metal and capital goods shares. But bouts [...]
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Sensex falls below 20K, down 388 points
May 23, 2013The BSE benchmark Sensex on Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender SBI, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus. Extending losses for the fourth straight day, the 30-share index nosedived by 387.91 points, or 1.93 percent, to [...]
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No need for nervousness, FM assures stock markets
May 23, 2013Finance Min P Chidambaram sought to assuage the stock market, after it declined by over 350 points, by asserting that there was no need for any nervousness. Chidambaram said the participants should read the situation correctly rather than be influenced by external developments. “…there is no need for any kind of nervousness. I am looking [...]
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Sensex plunges below 20K; down 364 points at mid-session
May 23, 2013The BSE benchmark Sensex on Thursday slumped below the 20,000-mark during mid-session by losing a whopping 364 points, on sustained selling triggered by weakness in other Asian bourses. The 30-share index started the day on a bearish note at 19,971.37 and nosedived by 364.80 points to 19,697.40 at 1230hrs, with all the sectoral indices, led [...]
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Sensex at fresh 1-week low; down 49 pts as L&T slumps 6%
May 22, 2013Sliding for the third day, the BSE benchmark Sensex on Wednesday fell by 49 points to close at a fresh one-week low, dragged down by a 6 per cent slump in L&T after its quarterly results failed to meet market expectations. After a better start at 20,220.35, the 30-share index fell by 49.37 points, or [...]
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Rupee hits 6-month low at 55.41 vs USD
May 21, 2013The rupee hit a nearly six- month low of 55.41 by losing a staggering 30 paise, due to sustained dollar demand from importers and weak local equities, extending losses for the third straight session. The rupee resumed higher at 54.97 per dollar from previous close of 55.11 at the Interbank Foreign Exchange market. It touched [...]
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Sensex down 112 pts to close at 20,112
May 21, 2013Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 112 points, or 0.6 percent, to close at a one-week low of 20,112, today, on profit-booking by investors. Stock markets in Japan, China, Hong Kong, Singapore and South Korea ended mixed.
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Rupee sterngthens by 18 paise to 54.95 against dollar
May 21, 2013The rupee today strengthened by 16 paise to trade at 54.95 against the dollar at the Inter-bank Foreign Exchange on selling of the US currency by exporters. The rupee had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers. Meanwhile, the BSE benchmark [...]
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Sensex snaps 4-day rally, down 62 pts on profit selling
May 20, 2013Falling for the first time in five sessions, the BSE benchmark Sensex on Monday retreated from 30-month high levels by losing 62 points to end at 20,223.98 on profit-booking in recent gainers in healthcare, consumer durable and banking sectors. After a steady start, Sensex touched intra-day high of 20,443.62 but emergence of profit-selling in ICICI [...]
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