The shares of the public sector banks rallied sharply on the bourses, as the Finance Minister, Pranab Mukherjee, declared capital infusion for them in the Union Budget 2012-13. Mukherjee also added that, Rs. 15, 888 crore will be provided for the capitalization of public sector and regional rural banks and NABARD. In this situation, a […]
The Monday market started to catch speed after its opening, and unexpected industrial output data boosted some of the country’s major manufacturers, like State Bank of India rallied after observing last week’s cash reserve ratio. BSE Logo Earlier stronger gains were gained after the hike in the production data also reduced expectations for a rate […]
The National Stock Exchange’s Nifty ended in a uneven session because on a flat note due to lack of conviction amongst investors following miserable performance of Congress party in Uttar Pradesh assembly elections. “In our view, the policy drift in New Delhi is likely to persist and the urge to push through reforms aggressively in […]
The political drama that played out during the day was reproduced in the stock markets as well. The Indian benchmark indices, after an unpredictable session which saw the market rising by as much as 1.9 per cent, ended the day down 1.1 per cent from their previous close. The BSE Sensex closed at 17173, down […]
After the declaration of the state elections results, the share market was closed 1.1% lower, as Samajwadi Party is going to take oath as the next ruling party in Uttar Pradesh. According to the market analysts, SP and Congress alliance in UP is going to fetch the reform in the centre also. It will give […]
A landmark for the Indian markets was trading nearly 1.5% drops down in the Monday afternoon session due to heavy selling pressure, in metal, realty and banking stocks. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,598.42 points and was ruling at 17,379.06 in the afternoon session, down 1.46 percent […]
The BSE Sensex and NSE Nifty ended with the loss of 162 and 45 points respectively, on weak global cues and doubt in the domestic economy. Today the Sensex closed at 17, 583 points and NSE Nifty at 5, 339 points. Indian Stock Exchange During the daytime, investors deeply observed the ONGC share prices. The […]
The interest on overseas investors in Indian market is increasing tremendously. Recent statistics show that a amount of about Rs 14,000 crore was invested in the Indian equity market by the overseas investors in this month. Foreign Institutional Investors (FIIs) have invested a total of Rs.24, 225 crore ($4 billion) into Indian stocks since the […]
