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May 19, 2013
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stock markets
Stock markets may see consolidation; SBI, L&T results this week
Stock markets may witness some consolidation this week after key indices closed at fresh multi-year highs and corporate earnings from SBI, Tata Steel and Larsen & Toubro will decide the course, experts said.
Nifty surges 151 points riding high on rate cut hopes
Riding on interest rate cut hopes and frenzied buying spree, the benchmark CNX Nifty skyrocketed by a staggering 151 points and settled at 28-month high on the National Stock Exchange (NSE) on Wednesday.
Sensex recovers to end 31 pts higher; banking and pharma gain
After a better start, the 30-share Sensex fell to the day's low of 19,652.69 as investors adopted a cautious before Wholesale Price Index (WPI) based inflation data release.
Investor wealth slides by Rs 1 lakh cr as shares tank
Dragged down by massive selling in the stock market Monday, the total investor wealth -- measured by market capitalisation -- slumped by a whopping Rs 1 lakh crore as nearly two stocks out of three ended with losses.
Sensex tumbles 132 points in late morning deals
The 30-share index resumed lower at 20,073.41 and hovered in a range of 20,109.08 and 19,967.12 before quoting 19,990.07 points at 1030 hours.
FII inflow, inflation key for stock markets this week: Experts
Stock markets will track the wholesale and consumer price based inflation data this week for near-term direction, besides foreign fund inflow will also be a key trigger for the indices, say experts.
Top-nine cos add Rs 64,964 cr in market cap; ITC, TCS shine
The combined market valuation of top-nine Sensex companies shot-up by Rs 64,964 crore last week, with major contribution coming in from giants like ITC and TCS.
BSE to hold special trading session today
Leading stock exchange BSE will conduct a special trading session on Saturday in a bid to test its disaster recovery software.
Promising IIP lifts Sensex above 20K-level, Nifty to 2013 high
Smart rise in key heavyweights like ITC, HDFC Bank, Tata Motors, ICICI Bank, M&M, Maruti Suzuki and ONGC mainly supported the surge in the Sensex.
Sensex snaps three-day gain; closes above 19,900
The index had climbed to three-month high by surging 415 points in the previous three sessions.
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