At 14:04 hours IST the Sensex bounced back sharply and recovered over 320 points from day's low and the Nifty 100 points on the back of short covering. Around one percent rise in European markets also aided to this recovery.
 |
Published News
Sensex recovers sharply on short covering, European cues
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
Nifty above 4700; Bharti, RCom, LT, Infy, SBI in green
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
At 13.27 hrs IST, the Nifty recovered nearly 50 points from its intraday low and was trading well above the 4700 mark. Short covering was seen in metals, realty, banks, IT and auto stocks. The BSE Midcap and Smallcap index also trimmed losses.
Sensex trades lower; Bharti, HUL, Hero Honda outperform
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
At 12:27 hours IST, consistent selling across all the sectors was putting pressure on the Sensex, which was trading 200 points down while the Nifty was below the 4700 mark. Weak Asian cues also weighed on the markets; Straits Times tumbled 2.5% and Jakarta fell 3%. Nikkei, Kospi and Hang Seng were down 0.751%. Shanghai was down 0.16%.
Nifty breaks 4700 on FY10 GDP estimates; oil gas dip
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
At 11:03 hours IST, the Nifty wiped out all of Saturday's gains and slipped further on the back of selloff across all the sectors. Oil gas, technology, metal and select financial shares were pulling the markets down. The Nifty broke the 4700 mark.
Nifty consolidates; RIL, TCS, ITC, NTPC, ONGC, Infy slip
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
At 10:13 hours IST, the benchmark Nifty was consolidating at current levels as traders looked cautious after steep cut in the last week on European debt worries. Buying was seen in auto, metal, banking, select telecom and power stocks along with HUL, which capped the losses to some extent.
LT eyes Rs 65000cr order inflow, listing fin arm this yr
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
The management at Indias engineering major, Larsen and Toubro said the company was targeting an order inflow of Rs 65,00067,000 crore in FY10. The company has already achieved orders worth Rs 45,000 crore and expects Rs 20,000 crore order inflows in Q4FY10.
Expect to close production for FY10 at 6mt: JSW Steel
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
JSW Steel Ltd, India's thirdbiggest producer, expects robust demand in the Indian markets going forward.
Barclays poaches 3 more private bankers from UBS
Posted by shareguru 16 hours ago (http://www.moneycontrol.com)
Barclays Wealth, the private banking arm of British bank Barclays, has hired another three bankers from UBS, adding to the 10 who were recruited in August last year.
Sort News
