Posts Tagged ‘BSE sensex’
Sensex set for slower rise in 2010
The BSE Sensex is likely to extend its recent rally into 2010, underpinned by strong economic growth and an improving earnings outlook, BSE but it is unlikely to repeat 2009’s spectacular rise, a poll showed.
Weekly Wrap: Sensex, Nifty drift 2% each
Bears seem to tighten their grip over the Indian bourses, which was otherwise quite lackluster. The Nifty lost nearly 4% from its 52-week high, which it rose to during the previous week. Murky economic outlook, worry of soaring food prices and possible interest rates hike continued to weigh upon the sentiment. For the week, the BSE Sensex lost 2.3% to end at 17,720 while the NSE Nifty fell 2.5% to shut shop at 4,988.
Indian stocks set for slower rise in 2010
India’s BSE stock index is likely to extend its recent rally into 2010, underpinned by strong economic growth and an improving earnings outlook, but it is unlikely to repeat 2009’s spectacular rise, a Reuters poll showed.
Lackluster Sensex off day’s low
After a weak start, markets have come off days low and are trading in a narrow range. The bounce back is seen despite weak cues from the Asian markets. The Nikkei index and the Hang Seng index are down 1% each.
BSE PSU index was the top gainer, adding 1%, followed by Auto and Teck index. On the other hand, BSE Metals and banking index is in the red.
Indian Market up despite weak Asia
Currently, in India, heavyweights from the BSE-Sensex are trading a mixed bag with metal, auto and power stocks leading the pack of gainers. However, select banking stocks are in the red. The BSE-Sensex is trading higher by 83 points, while the NSE-Nifty is up by 21 points. Buying interest is also being witnessed among mid and small-cap stocks as the BSE-Midcap and BSE-Smallcap indices are trading higher by 0.7% and 0.8% respectively. The rupee is trading at 46.49 to the US dollar.