Market regulator SEBI on Friday gave the stock exchanges flexibility to set the futures & options settlement day, instead of the current practice of the last Thursday of the month.
Despite a cautious start, Indian markets held on to gains to end higher on Friday. The advances by oil & gas, IT, metal and auto stocks helped the markets to sustain gains in the absence of significant global cues.
Divestment Secretary Sunil Mitra said on Friday that the government expects to sell stakes in NTPC, REC and Satluj Jal in this financial year. The secretary said that the government is looking at divesting 5 per cent stake in NTPC.
The key benchmark indices were flat in the early trades. While capital goods and metal stocks gained, realty counters were under pressure. Asian markets were trading mostly lower today.
A jump in the nation's energy inventories sent US stocks lower on Thursday as investors worried that demand for oil and gasoline is falling because of the struggling economy.
The proposed extension of trading hours at bourses has stockbrokers up in arms. Fund managers are worried that they will not be able to meet the daily 9 pm deadline for declaring net asset values of equity schemes.
The Indian rupee on Thursday lost a hefty 35 paise to close at 46.65/66 against the dollar on renewed demand for the US currency amid fears of more capital outflows. Dealers at the Interbank Foreign Exchange (forex) market said, dollar recovering in overseas markets also weighed on the rupee sentiment.
Gold prices on Thursday crossed the crucial Rs 17,000 per 10 gram level in the bullion market in New Delhi, buttressed by frantic buying by jewellers for the ongoing marriage season amid a firming global trend.
Profit-taking and weak global cues pushed Indian markets ending lower on Thursday, paced by declines in metal and banking stocks. The Sensex ended at 16,696, down 153 points, in a choppy trading session.
The industrial production rose at a better-than-expected 9.1 per cent in September as compared to a revised 10.96 per cent in the previous month.
Annual food price inflation jumps to 13.68%
Annual food price inflation jumps to 13.68%
The annual food price inflation accelerated to 13.68 per cent for the week ended October 31, 2009. The annual rate of inflation for primary articles, which includes food articles, rose to 9.16 per cent, as compared to 8.94 per cent in the previous week.
The key benchmark indices were flat after paring losses in the afternoon trades on the back of better-than-expected industrial production numbers.
The key benchmark indices were flat in early trades amid mixed cues from Asian markets. Some selling pressure emerged in metal and realty stocks.
More signs that interest rates will remain low and upbeat economic news from China gave investors new reason to keep buying stocks on Wednesday.
The market capitalisation of 48 PSUs have spurted by a whopping Rs 1.89 lakh crore in the past five trading sessions, with these state-run companies suddenly turning investors' darling.
Indian markets surged on Wednesday amid positive global cues and broad-based buying support. The Nifty advanced 122 points to close at 5,003, with gains paced by metal and IT stocks.
The markets extended gains in the afternoon trades today. Heavy buying was seen in IT, metal, pharma and auto stocks. Asian markets were mostly higher after figures from China and Japan showed the region's two biggest economies were on track to recovering from the global downturn.
After a flat opening, the key benchmark indices edged higher amid positive trade in most Asian markets. Buying interest was seen in IT, metal and auto stocks.
The key benchmark indices were trading flat today amid mixed trends in the overseas markets. While consumer durables and metal stocks trended higher, realty counters slipped in early trades.
Caution returned to the stock market on Tuesday as investors decided to slow an advance that has lifted the Dow Jones industrial average 475 points in five days. Stocks mostly fell in light trading, though the Dow tacked on 20 points to close at a new high for the year.
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