Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • Leading Pakistani Politician Zahra Shahid Hussain Shot...
  • Parents Are Bribing Kids To Go To Boring, Booze-Free,...
  • Guest Post: Why Bonds Aren't Dead & The Dollar...
  • Up to 60 People Injured After Car Plows Into Virginia...
  • Silicon Valley-area hub becomes factory town
  • TORONTO MAYOR: That Wasn't Me Smoking Crack In That...
  • Summer Was The Ancient Egyptian Sex Season
  • How technology redefines norms
  • NewsWatch: Draining IRAs too soon poses big risks
  • Slices of History: Great Moments in Pizza Innovation

    India Markets Tuesday Wrap-Up: Tech Blue-Chips Top Gainers

    Tue, 04/24/2012 - 07:21 EDT - Seeking Alpha
    • EPI
    • Equitymaster
    • HDB
    • IFN
    • IIF
    • INDY
    • INR
    • PIN
    • SCIF
    • SCIN

    By Equitymaster: After a brief stint in the negative territory during early trades, the benchmark indices in Indian stock markets managed to move above the dotted line and close comfortably higher today. There was significant buying interest in software, power and auto stocks. While the BSE-Sensex closed higher by around 111 points (up 0.7%), the NSE-Nifty closed higher by around 22 points. The BSE Mid cap and the BSE Small cap ended flat in today's trade. Select stocks in engineering and cement space witnessed heavy profit booking.As regards global markets, Asian indices ended higher today while European indices have also opened weak. The rupee was trading at Rs 52.76 to the dollar at the time of writing.Software major Tata Consultancy Services has announced the fourth quarter results of financial year 2011-2012 (4QFY12). The company has reported a 0.4% quarter-on-quarter (QoQ) growth in its sales and a 1.6% QoQ increase inComplete Story »

    • Original article
    • Login or register to post comments
     

    Related

    • India Markets Tuesday Wrap-Up: Top Gainers In Asia

      By Equitymaster: After a positive start, the indices in Indian stock markets added to the gains with every passing hour today on the back of few enthusing set of results from India Inc.

    • India Markets Tuesday Wrap-Up: India Tops Gainers In Asia

      By Equitymaster: Backed by buying interest in engineering, commodity and power stocks, indices in Indian stock markets ended the session close to the day's highs. After a muted start, investor interest gradually intensified across index heavyweights. There were no signs of profit booking in the final trading hour as well and the indices closed well above the dotted line. While the BSE-Sensex closed higher by around 285 points (up 1.6%), the NSE-Nifty closed higher by around 94 points (up 1.8%).

    • India Markets Tuesday Wrap-Up: Indices Close Above The Dotted Line

      By Equitymaster: Taking cues from its peers in Asia, the indices in Indian stock markets began the day's proceedings on a buoyant note. Buying activity intensified in the later hours causing the indices to close above the dotted line. While the BSE-Sensex closed higher by around 421 points (up 2.7%), the NSE-Nifty closed higher by around 129 points (up 2.8%). The BSE Mid cap also ended 2.4% higher, while the BSE Small cap index managed to move up by 2.3%.

    • India Markets Tuesday Wrap-Up: Bluechips Steal the Show

      Equitymaster submits: Broad based buying across sectors helped the Indian stock market to stay ahead of its peers in Asia today. Led by buying interest in telecom, software, auto and realty stocks, the benchmark indices in India recorded the highest gains in the region. That said, it were primarily the largecap stocks that evinced investor interest. The mid and small cap stocks remained out of favour.

    • India Markets Monday Wrap-Up: Indices Gain In Volatile Session

      By Equitymaster: Indian stock markets had a rather volatile outing today although they managed to trade into the positive for a larger part of the day. While the indices began the day's proceedings on a positive note, profit booking at higher levels took toll and pushed the indices towards the dotted line. However, they recovered as buying activity intensified and the final trading hour saw the indices close well into the positive.

    • India Markets Tuesday Wrap-Up: India Leads Gainers In Asia

      By Equitymaster: Despite sharp depreciation of the rupee against the US dollar the Indian stock market managed to stay in the positive territory throughout the session today. Buying interest in software and metal stocks primarily kept the indices above the breakeven line. While the BSE-Sensex closed higher by around 119 points (up 0.7%), the NSE-Nifty closed higher by around 34 points (up 0.7%).

    • India Markets Friday Wrap-Up

      By Equitymaster: The Indian stock market traded in the positive throughout Friday's trading session, although alternate bouts of buying and selling restricted them within a range. Some profit booking was witnessed in the final hours, but the indices managed to close above the dotted line.

    • India Markets Wednesday Wrap-Up: Stock Markets Close On A Firm Footing

      By Equitymaster: Indian stock markets traded in the positive for a larger part of the day today. The indices began the day's proceedings on a positive note, and while subsequent sessions saw the indices pare some gains, they recovered in the later hours. The final trading hour saw the indices close well above the dotted line. While the BSE-Sensex closed higher by around 106 points (up 1%), the NSE-Nifty closed higher by around 34 points (up 1%).

    • India Markets Tuesday Wrap-Up: Election Results Weigh Heavy On Markets

      By Equitymaster: Indian stock markets had a volatile session today on account of apprehension about poll results in few states. Indices opened in the red. However they moved higher mid-session. But, towards the close of today's session, the indices lost momentum and closed in the red due to profit booking in index heavyweights. High crude prices, with brent crude at US$ 123.9 a barrel, also left a bad taste in investor's mouths.

    • India Markets Tuesday Wrap-Up: Profit Booking Takes Toll

      Equitymaster submits: Backed by strong cues from Asian markets and buying interest in IT, banking and commodity heavyweights, the benchmark indices in the Indian stock market featured amongst the top gainers in Asia for most of the session today. However, profit booking in the final hours erased a large portion of the early gains.

    Latest

    Up to 60 People Injured After Car Plows Into Virginia Parade
    Up to 60 People Injured After Car Plows Into...
    Parents Are Bribing Kids To Go To Boring, Booze-Free, Supervised Prom Parties
    Parents Are Bribing Kids To Go To Boring, Booze-...

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Aviva steps up drive for cost cuts
    • Food Demand, JM Financial, UK Startups Incubator and Sina in Our News for Today 05/17/2013
    • Budget black hole at heart of George Osborne’s finances

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1667.47 1.02% FTSE: 6723.06 0.52% Nikk.: 15138.12 0.67% DAX: 8398.00 0.33% HSI: 23082.68 0.17% FX: EUR/GBP: 1.1821 USD/EUR: 1.2833 JPY/USD: 103.165 Commodities: Gold: 1360.15

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions