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 inches up as world markets gain
July, 24th 2009

The key benchmark indices advanced today on the back of gains in global markets. The benchmark Sensex was up 118 points at 15,349 levels and the Nifty was up 36 points at 4,559 levels.

Though the valuations are expensive at this stage, markets are likely to hold at current levels due to liquidity flows, said Ambareesh Baliga, VP, Karvy Stock Broking.

Realty, technology and metal stocks moved higher in early trade. The technology index on the BSE gained 2.3 per cent and the realty index rose 2.2 per cent. The BSE metal index was up 1.4 per cent.

Among the Sensex stocks, Infosys led the gainers. The stock advanced 2.5 per cent. Bharti Airtel, DLF and L&T were the other main gainers in the pack, up more than 1.9 per cent each.

However, ITC fell 2 per cent and was the biggest loser in the pack.

In US markets, the Dow shot up 188 points on Thursday to 9,069.29, its highest level since November. News that existing home sales rose in June for the third straight month and by a higher-than-expected amount led investors to extend a buying spree that has now lifted the Dow 923 points, or 11 percent, in just nine days.

The Standard & Poor's 500 index rose 22.22, or 2.3 percent, to 976.29.

The Nasdaq composite index rose 47.22, or 2.5 percent, to 1,973.60, its 12th straight advance.

Tracking cues from US markets, Asian markets were also trading higher today. Chinas Shanghai Composite and Japans Nikkei were up over 1 per cent each. Hong Kongs Hang Seng was also up 0.4 per cent.

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