| Bombay Stock Exchange - BSE Related news |
Stock markets closed on Thursday and Friday on account of Mahavir Jayanti and Good Friday
Posted on 2nd April 2015 |
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BSE Sensex, NSE Nifty are closed on Thursday and Friday due to public holidays. Trading will resume on Monday. The benchmark BSE Sensex on Wednesday began the new fiscal year on a promising note by gaining more than 300 points to settle the day at 28,260.14, recording first weekly gain in three weeks while Sun Pharmaceutical Industries and Ranbaxy Laboratories surged ahead of a planned merger. |
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BSE-listed Smartlink targets 40% growth next fiscal in wireless business
Posted on 30th March 2015 |
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BSE listed networking company Smartlink Network Systems is now eying 40 per cent growth in its wireless business in next financial year, 2015-16. The company has aggressively revamped its strategy in sync with the Centre's 'Make in India' initiative to grow its wireless business. The company, has ramped up its production capabilities to double its market share within a year from the present 10 per cent in wireless broadband business in India. The company has extended its manufacturing capabilities with as many as 100,000 routers a month. It has 40 distributors across India. The company also offers its facility for contract manufacturing services to multinational companies. It has clocked annual turnover of Rs 120 crore in FY14-15. |
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Markets recover from day's lows; ICICI Bank, SBI up 2%
Posted on 27th March 2015 |
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Markets recovered from day's lows but continued to remain volatile helped by a rebound in bank and information technology shares even as select index heavyweights capped upside gains. At 2:30PM, the 30-share Sensex was up 6 points at 27,463 and the 50-share Nifty was down 8 points at 8,334. |
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BSE Sensex rises 87 points ahead of March derivatives expiry
Posted on 25th March 2015 |
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The benchmark BSE Sensex rose over 87 points today as stocks of healthcare, IT and realty sectors saw heavy buying on covering-up of short positions by speculators ahead of tomorrow’s monthly expiry in derivatives segment amid a mixed trend at other Asian bourses. The 30-share index, which had lost 574.66 points in the previous five consecutive sessions, gained 87.88 points, or 0.31 per cent, to 28,249.60. |
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Sensex recovers 108 points in early trade on value-buying
Posted on 23rd March 2015 |
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The benchmark BSE Sensex recovered over 108 points in early trade on Monday on buying at prevailing lower levels by investors amidst a firming trend at other Asian markets. The 30- share index, which had lost 475.30 points in previous three sessions, rose by 108.64 points, or 0.38 per cent, to 28,369.72 with all sectoral indices, led by power, healthcare, oil & gas and capital goods, trading in positive zone with gains up to 0.68 per cent. |
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BSE Sensex jumps over 300 points after dovish US Fed stance
Posted on 19th March 2015 |
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The benchmark BSE Sensex rose by almost 350 points in early trade today on emergence of buying by funds and retail investors amid a firming trend in global markets after the US Federal Reserve took a dovish stance on monetary policy. Besides, strengthening of the rupee against the US dollar supported the recovery. |
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BSE Sensex rises 70 points
Posted on 18th March 2015 |
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The benchmark BSE Sensex rose over 70 points in early trade today on the back of gains in stocks of metal, IT, healthcare, technology and FMCG sectors amid a mixed trend in other Asian markets ahead of the outcome of the US Federal Reserve’s policy meet. The 30-share barometer, which rose 298.67 points in the previous session, gained 70.59 points, or 0.24 per cent, to 28,806.97 in early trade. |
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Top 9 Sensex cos lose Rs 83,209 cr in market capitalisation; TCS takes big hit
Posted on 16th March 2015 |
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In line with an overall weak trend in equities, the combined market valuation of top nine Sensex companies dropped sharply by Rs 83,209 crore last week, with IT major TCS taking the biggest hit. Barring Coal India, the rest of nine companies suffered erosion in their market capitalisation (m-cap) for the week ended Friday (March 13, 2015). |
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Sensex plunges 427 pts to close at 28,503; Nifty 128 pts at 8,647
Posted on 14th March 2015 |
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BSE Sensex and NSE Nifty closed more than 1% lower on Friday as the retail inflation data dampened hopes of a rate-cut by the Reserve Bank of India (RBI) in April and fear of a US Fed rate-hike in June put emerging market currencies under pressure. “There are no key triggers for the markets, currently. While markets opened higher amid optimism from the passage of the insurance bill in the Rajya Sabha, it doesn’t come across as a great surprise as it was a long-pending issue. |
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Sensex drops 135 points to one-month low; Nifty slips 44 points
Posted on 10th March 2015 |
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Stock markets fell for the second straight session with the benchmark Sensex today sliding 134.91 points to one-month low of 28,709.87 as investors sold realty, power and oil&gas shares amid lingering worries over an earlier-than-expected hike in US interest rates. After yesterday's over 604-point crash, the 30-share BSE Sensex opened in positive terrain but soon succumbed to selling pressure. It touched day's low of 28,584.49. |
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