sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Markets »
 FM calms nerves, says no plan to tax market gains
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?

Sensex hovers near 20000; metal, auto, IT down
January, 07th 2011

Benchmarks were off intraday lows as traders took positions near crucial support levels. However concerns of interest rate tightening kept the bulls under pressure. Most sectoral indices were in the red with metals, auto and IT stocks worst hit while banks edged modestly higher.

Bombay Stock Exchanges Sensex was at 20044.14, down 140.60 points or 0.70 per cent. The 30-share index touched a high of 20210.62 and low of 19951.48 in trade so far.

National Stock Exchanges Nifty bounced back from crucial support levels and was at 6003.70, down 44.55 points or 0.74 per cent. The broader index touched a high of 6051.20 and low of 5976.50 intraday.

BSE Midcap Index was down 0.93 per cent and BSE Smallcap Index moved 1.09 per cent lower.

Amongst the sectoral indices, BSE Metal Index was down 1.87 per cent, BSE Auto Index slipped 1.83 per cent and BSE IT Index declined 1.05 per cent. BSE Bankex was up 0.41 per cent.

Reliance Communications (2.54%), ICICI Bank (1.94%), Reliance Infrastructure (0.87%), Hero Honda (0.78%), and Cipla (0.69%) were amongst the top gainers.

Hindalco (-4.69%), M&M (-3.08%), Tata Motors (-2.88%), Bharti Airtel (-2.59%) and HDFC Bank (-1.63%) were amongst the losers.

Market breadth was negative on the BSE with 865 advances against 1902 declines.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions