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?

Markets extend gains on short covering
May, 27th 2010

The Sensex is firm and is now quoting at 16,549, up 160 points, the pullback is mainly on the back of short covering in the markets owing to the derivatives expiry of May series today.

The European markets have also opened on a firm note, the major indices like FTSE and DAX are up 1% each.

The NSE Nifty is 44 points higher at 4,961.

Among the Sensex-30 stocks, Sterlite Industries and ONGC have added 4% each at Rs 645 and Rs 1,116, respectively.

Mahindra & Mahindra, Tata Motors, ITC and BHEL have advanced 2% each on the BSE.

The other major gainers are DLF, Tata Power, Larsen & Toubro and Reliance Communications, up over 1% each.

On the losing side there si Bharti Airtel, Hindalco Industries and Cipla, down 0.5% each on the BSE.

The market breadth is positive, out of 2,740 shares traded, 1,134 have declined and 1,508 have advanced so far on the BSE.

The Midcap and the smallcap indices are up 0.5% each on the BSE.

Among the sectoral indices, auto, oil&gas and FMCG indices are up 1% each on the BSE.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

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