Sensex rallies 183 points

by Mir Mazhar Hussain

The Sensex closed on Friday at 18762.74 up 183.24 points while Nifty closed at 5703.30 up 53.80 points.

BHEL, SBI and Infosys were the top three losers of the day while Cipla, Hindalco and Tata Motors were the top three gainers.

Markets close in the red again

by Mir Mazhar Hussain

The Sensex closed at 18579.50 down 52.67 while the Nifty closed at 5649.50 down 13.95 points.

ONGC, Hero MotoCorp and Sterlite were the top three losers while Tata Power, L&T and HUL were the top three gainers.

Markets close in the red

by Mir Mazhar Hussain

The benchmark indices Sensex and the Nifty closed in the red today. The Sensex closed at 18632.17 down 62.24 points while the Nifty closed at 5663.45 down 10.45 points.

Sensex closes marginally higher

by Mir Mazhar Hussain

The Sensex closed the day marginally higher at 18694.41 up 21.07 points. The Nifty closed at 5673.90 up 4.30 points.

Maruti, Jindal Steel and Sterlite Industries were the top three losers while ITC, BHEL and Cipla were the top three gainers.

Markets choppy due to profit booking

by Mir Mazhar Hussain

After the stellar performance on Friday, the stock markets returned to being choppy to due to profit booking.

The Sensex closed at 18673.34 down by 79.49 and the Nifty closed at 5669.60 down 21.55 points.

The markets were weighed down by heavy selling in ITC and HUL counters.

BHEL, Jindal Steel, M&M and ICICI Bank were the major gainers.

Sensex rises 404 points

Foreign fund flows and Samajwadi party's pledge to support UPA government pushed the Sensex 404 points higher today.

The Sensex closed at 18752.83 up 403.58 and the Nifty closed at 5691.15 up 136.90 points.

Political jitters cause Sensex to plunge 147 points

by Mir Mazhar Hussain

Markets plunged today reacting to the announcement by Trinamool congress that they will withdraw ministers from the UPA government opposing UPA's measures such as diesel price hike, FDI in retail and cap on supply of LPG cylinders.

The Sensex closed at 18349.25 down 146.76 points while the Nifty closed at 5554.25 down 45.80.

Markets consolidate. Sensex down 46 points

The stock markets consolidated today in the absence of any domestic or global cues.
The Sensex closed at 18496 down 46.3 points and the Nifty closed at 5600 down 9.95 points.

Markets end in green

Announcements such as CRR cut by RBI, FDI in Aviation and FDI in multi-brand retail by the government helped the Indian Stock Markets end in green on Monday.

The Sensex closed at 18,542 up 78 points and the Nifty closed at 5610 up 32 points.

Markets on rampage. Sensex soars 443 points

by Mir Mazhar Hussain

Riding on strong global indicators and diesel price hike, stock markets rose 2% on Friday. The Sensex soared 443.11 points to close at 18464.27 and the Nifty gained a mammoth 142.30 to close at 5577.65.

The 30-share BSE sensex was propelled by gains in Reliance,Jindal Steel, Hindalco and SBI.

The markets also welcomed US Federal Reserve's decision to continue with its bond purchase program to give a fillip to the US economy.

Sensex, Nifty stay in the green

by Mir Mazhar Hussain


The Sensex and Nifty managed to stay in the green today. Sensex gained for the seventh straight session closing at 18021.16 up 21.13 points. The Nifty closed  at 5435.35 up 4.35 points.
The sentiment was cautious ahead of tomorrow's monthly inflation data.

Sensex zooms past 18,000 helped by global indicators

by Mir Mazhar Hussain


The Indian stock markets rose reacting to German Constitutional Court ruling in favor of the European Stability Mechanism (ESM). There was good news back home as well with the aviation minister indicating that foreign direct investment would be allowed in the sector.

The Sensex closed at 18000 up 147 points and the Nifty closed at 5431 up 41 points.

Oil Price Hike on the anvil, markets gain

by Mir Mazhar Hussain


Reports of a hike in fuel prices helped the Indian stock markets gain slightly today.
Sensex closed at 17852.95 up 86.17 points. Nifty closed at 5390 up 26.55 points.

Value Picks to Watch 11SEP2012

by Mir Mazhar Hussain

MTNL (FV 10) - 37.30

TTML (FV 10) - 11.10

Suzlon (FV 2) - 15.45

Unitech (FV 2) - 19.95

HCC (FV 1) - 16.15

DLF (FV 2) - 200.70

GMRINFRA (FV 1) 19.95

GVKPIL (FV 1) - 11.25

Lanco Infratech (LITL) (FV 1) - 10.75

KFA (FV 10) - 8.80

JetAirways (FV 10) - 336.05

RELIANCE (FV 10) - 790.05

TATASTEEL (FV 10) - 376.45

ITC (FV 1) - 267.80

Indiabulls Securities (IBSEC) (FV 2) - 8.00

Indiabulls Power (IBPOW) (FV 10) - 10.90

Wire and Wireless (WWIL) (FV 1) - 19.55

Rana Sugars (RANASUG) (FV 10) - 3.60

NHPC (FV 10) - 17.60