Market News

Sensex rallies on fuel hike hopes; doubts emerge

Posted on May 24, 2012 by admin

The BSE Sensex rose 1.7% on Thursday, its biggest percentage gain in nearly two months, after a steep hike in petrol prices boosted oil stocks such as ONGC by kindling hopes of similar hikes in other fuels such as diesel. Continue reading →

Sensex ends 274 pts up; rupee recovers, Bharti, ONGC up 6%

Posted on May 24, 2012 by admin

The BSE Sensex and NSE Nifty surged nearly 2% in late trade following rebound in European markets and the Indian rupee. Banking financials, oil gas, telecom and metals stocks led the rally. Continue reading →

BSE Sensex rises on fuel hike hopes, ONGC surges

Posted on May 24, 2012 by admin

The BSE Sensex rose 1.8% on Thursday, its biggest single day gain since March 30, after the steep hike in petrol prices sparked hopes of similar hikes in other fuels, pushing up energy stocks such as ONGC. Continue reading →

Sensex gains 1% on diesel price hike hopes; ONGC up 6%

Posted on May 24, 2012 by admin

The BSE Sensex and NSE Nifty advanced around 1% as the steep hike in petrol prices raised hopes that diesel and LPG prices will also be increased. Continue reading →

Choppy Sensex, Nifty off day’s high; SBI, HDFC most active

Posted on May 24, 2012 by admin

The BSE Sensex and NSE Nifty remained volatile as the Indian rupee choppy too. The rupee stayed near record low (though recovered somewhat in morning trade), falling 32 paise to 56.32 a dollar in afternoon trade. Continue reading →

Sensex gains 200 pts, Nifty hits 4900; ONGC spikes 4%

Posted on May 24, 2012 by admin

The BSE Sensex gained more than 200 points while the NSE Nifty surpassed the 4900 level on broadbased buying. Banking financial, oil gas, technology and metals stocks led the rally in afternoon trade. Continue reading →

Volatile Sensex up 150 pts; oil gas, banks, metals gain

Posted on May 24, 2012 by admin

The BSE Sensex and NSE Nifty gained strength amid volatility, even after the rupee was moving towards record low again. Oil gas, banks and metals stocks helped markets gain further. Continue reading →

Sensex, Nifty, broader mkts flat; ONGC, HDFC top buy list

Posted on May 24, 2012 by admin

The BSE Sensex stayed flat since early trade as it seemed to be priced in petrol price hike, depreciation in rupee and Greece woes. The index opened with more than 100 points gap up in reaction to fuel price hike (up petrol by Rs 6.28/Litre), but coul… Continue reading →

Sensex, Nifty open volatile despite petrol price hike

Posted on May 24, 2012 by admin

The BSE Sensex and NSE Nifty started off trade with gain of 0.6% on Thursday, but immediately erased all gains despite petrol price hike. Continue reading →