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 flat, realty stocks slide
August, 06th 2009

The key benchmark indices were trading flat today tracking mixed cues from global markets. The benchmark Sensex was down 78 points at 15,825 levels and the Nifty lost 21points at 4,672 .

The markets are consolidating in the range of 4,620 and 4,730. It the Nifty manages to close above 4,730 then it may see good momentum, said investment consultant Devang Visaria.

Realty, metal and IT stocks were under pressure in early trade. The realty index on the BSE fell 0.9 per cent and the metal index slipped 0.7 per cent. The BSE IT index was down 0.6 per cent.

Among the Sensex stocks, Sterlite Industries was the biggest loser. The stock shed 1.9 per cent. Tata Steel, Tata Motors and HUL were the other main losers in the pack, down more than 1 per cent each.

However, BHEL advanced 1.4 per cent and was the biggest gainer in the pack.

US stocks slipped on Wednesday as investors shied away from big moves ahead of the government's monthly reading on job losses and the unemployment rate, which comes out before the start of trading on Friday.

The Dow fell 39.22, or 0.4 percent, to 9,280.97. The broader Standard & Poor's 500 index fell 2.93, or 0.3 percent, to 1,002.72, while the Nasdaq composite index fell 18.26, or 0.9 percent, to 1,993.05.

Asian markets were trading mixed today. Chinas Shanghai Composite was down 2.4 per cent while Japans Nikkei gained 1.2 per cent each. Hong Kongs Hang Seng rose 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.
Binarysoft Technologies - Company Overview

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