Sensex crosses 20,000 mark in the opening trade today for the first time since January 17, 2008. Nifty rises above 6,000 mark points.

Sensex up 311 points on FIIs buying

The Bombay Stock Exchange benchmark Sensex on Monday moved closer to the psychological 20,000 points level by adding 311 points on sustained capital inflows. The 30-share barometer closed 311.35 points higher at 19,906.10 points, the highest close since January 2008. The index had risen 4.2 percent in the previous week. Similarly, the broad-based National Stock […]

Manufacturing Execution Systems (MES): Enhancing Plant Automation in India

Growing competition in the Indian manufacturing sector has led to increased adoption of Manufacturing Execution Systems (MES). With IT service providers playing a bigger role in the Indian manufacturing sector, many international and domestic participants are entering the Indian MES market. The Indian MES Market is above US$ 30 million and will grow at a […]

CIL may scrap anchor investor placement

State-run Coal India  may scrap allotment under anchor investor plan of its mega initial public offering as the govt feels the selection of such investors– in case their demand for the issue exceeds the limit– may not be transparent. The government expects to raise up to Rs 12,000-15,000 crore through Coal India IPO, billed as […]

Sensex up 98 points in early trade

The Bombay Stock Exchange benchmark Sensex on Monday surged by about 98 points in early trade, with consumer durables and IT stocks gaining on continued capital inflows. The 30-share index shot up by 97.58 points, or nearly 0.50 percent, to a fresh 32-month high of 19,692.33. In the previous trading session on Monday, the key […]

Sensex bounce back, up 197 points

The Bombay Stock Exchange benchmark Sensex Friday opened higher by over 197 points on emergence of fund buying in realty, banking and capital goods stocks, coupled with a firming trend in other Asian markets. The 30-share index rose by 197.37 points, or 1.01 per cent, to 19,614.86 points in opening trade. The Sensex had lost […]

MoneyWorks4me.com Introduces an MRP tag for the Sensex

Pune, Maharashtra, India: The last few days have been full of action for the stock markets. The week opened with Sensex crossing the 19,000 mark for the first time since the peak of January 2008. More was to follow as the rally has continued today and has led to Sensex crossing Sensex@MRP for the June […]

Sharekhan Ltd Launches Fortune Finder for Stock Market Investors

Mumbai, Maharashtra, India: Sharekhan Ltd, one of India’s leading retail stock brokerage houses with a strong online trading business, launches Fortune Finder for the retail Investors and traders today. It will help in taking decisions on when to Buy, hold or sell any stock. It covers over 3000 stocks for delivery recommendations and 500 stocks […]

Exports grow by 22.5 pc to USD 16.64 bn in August

Exports grew by 22.5 per cent to USD 16.64 billion in August compared to the same period last fiscal, a senior Commerce Ministry official said. Imports, too, jumped by 32.2 per cent year-on-year to USD 29.7 billion in August, Commerce Secretary Rahul Khullar told reporters in New Delhi on Wednesday. “Export growth is relatively slow, […]

Index Extends 2 1/2-Year High as GDP Growth May Exceed Estimates-Book your Profit.

India’s benchmark stock index climbed for a seventh day, extending a 2 1/2-year high, on speculation the central bank may say economic growth will be stronger than estimated. The Bombay Stock Exchange’s Sensitive Index, or Sensex, gained 137.05, or 0.7 percent, to 19,484.01 at 2:09 p.m. in Mumbai, set for its highest close since Jan. […]