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 falls below 17k, Nifty under 5100
May, 05th 2010

The downtrend on the Indian stock markets continued Wednesday, with the Sensex opening sharply lower and slipping below the 17,000 mark. The fall is an extension of the global slump in equities on concern Europes debt crisis is worsening and after Greece, similar rescue packages will need to extended to Spain and Portugal.

The BSE 30-share index was at 16,919.60, down 217.54 points or 1.27 per cent. The benchmark opened at 17,103.95 against the previous close of 17,137.14. The index saw a low of 16,868.83.

NSEs 50-share Nifty fell 71.25 points or 1.38 per cent to 5077.25. The benchmark had opened flat at 5148.35 versus Tuesdays close of 5148.50 and immediately slipped to 5064.05.

Among sectors, metal stocks continued to be beaten down, followed by consumer durables, realty, auto, banking, and power. All the sector indices were in the red.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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