The NSE Nifty ended at 4,399, down 70 points. Good first-quarter results by India's electric equipment maker BHEL and the third-largest software exporter Wipro did not impact the market.
As many as 30 companies saw their share prices rising to new life-time highs, while 51 stocks got stuck at their upper circuit limit. While the stocks scaling new peaks included some known names like Essar Shipping, Southern Ispat and Usher Agro, the list of those hitting upper circuit limit were mostly penny stocks belonging to T and Z groups of the BSE.
Whether it was scams or the threat of recession, the market survived everything with aplomb.
Cashing in on the opportunities galore courtesy the spurt in Indian equities, foreign fund house Citigroup Global Markets has raised about Rs 400 crore (Rs 4 billion) by selling shares of 24 blue chip firms in just nine trading sessions.
In November and December, FIIs pulled out $5 billion from the market, yet the Sensex settled back above the 20,000-mark.
Foreign investors faced flak for pulling down the domestic stock market deep into the red over the past one month. However, a little bit of data crunching shows that Foreign Institutional Investors are not guilty as charged.
The Sensex crossed 8500 level at mid-session on the Bombay Stock Exchange on Tuesday on brisk buying by funds in index-heavy shares of Reliance Industries, Infosys and some banking stocks.
According to data from BSE, the 4,357 companies available for trade had a combined mcap of around Rs 416 trillion on Tuesday against India's GDP at current prices of Rs 296.6 trillion in FY24.
Ramesh Damani, stock broker, Bombay Stock Exchange, is known for prudent stock-picking. Though he prefers to be cautious while talking on individual stocks due to regulatory issues, in an interview with Business Standard, he drops a few hints about the current rally and the sectors he is betting on.
The 30-share barometer of the Bombay Stock Exchange ended the session at 20,303.12, higher by 137.26 points, or 0.68 per cent, with HDFC, RIL, TCS and Hindalco contributing the most.
Closes 20 points lower on a bout of profit-booking.
The Bombay Stock Exchange's benchmark index -- Sensex -- plummeted by over 300 points in opening trade on Monday as panicky fund managers and retail investors gave into selling pressure for the fourth consecutive session, prompted by weak global cues amid concerns over the unrest in Egypt.
The first week of new year was featured by an important achievement by the stock market, which ended past 14,000 milestone for the first time on January 2.
The Bombay Stock Exchange benchmark Sensex on Monday suffered the third-biggest fall of the year and ended below the 15,000 level by losing nearly 438 points on weak Asian and European trends, as investors booked profits on an 88 per cent rally since early March.
The Sensex has dropped 141 points (1.7%) to 8,346.
As many as 132 companies declined to their all-time low levels in morning trade on the Bombay Stock Exchange on Friday as weak global cues dragged the benchmark Sensex down by over 300 points.
Strong global markets and major fund and FII investments in heavyweight auto, pharma, IT and metals stocks lifted the Bombay Stock Exchange's benchmark 30-share Sensex past the magical 14,000-mark on Tuesday.
Even as foreign institutional investors rapidly pull out their money from Dalal Street, Norway's sovereign wealth fund, the world's second largest, is set to invest $2 billion in Indian stocks.
About 768 small and mid-cap stocks in the Bombay Stock Exchange witnessed selling pressure and got locked in the lower circuit as regulator SEBI started clamping down on manipulators and erring companies.
The bellwether Sensex rose by over 500 points after the finance minister tabled the Budget in Parliament today.
India's benchmark index, Sensex ended on a flat note after a volatile trading session as investors braced for the US Federal Reserve policy meeting with caution.
Here are the 10 biggest falls in the Indian stock market history:
It was a Terrible Tuesday for the bourses. The Sensex saw its biggest intra-day fall when it hit a low of 15,332, down 2,273 points. However, it recovered losses to some extent and closed at a loss of 875 points at 16,730.
The United Progressive Alliance's much-touted Common Minimum Programme was given a resounding thumbs-down by the stock markets on Friday, with the Sensex crashed by 223 points (4.4%) to close at 4,835.
The NSE Nifty closed at 2000.45 points, up 38 points.
The Bombay Stock Exchange's benchmark 30-stocks index -- the Sensex -- tumbled by over 500 points on Friday on fears that the Reserve Bank of India will increase interest rates to curb surging inflation.
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