Shares of engineering and wagon manufacturing firms surged by up to 4 per cent on the Bombay Stock Exchange in early trade on Friday ahead of the Railway Budget 2009-10. KK Birla Group company Texmaco, which is in the business of wagon manufacturing, gained 2.53 per cent to hit a high of Rs 123.50 within minutes of opening trade. Kalindee Rail Nirman rose by 2.80 per cent to Rs 229.30.
According to a report 62 markets worldwide are now up.
The day, being a Saturday, may add to trading volumes and volatility
Heavy institutional buying in banks and technology counters helped the Bombay Stock Exchange's benchmark index end at an over seven-month high, overcoming uncertainty on the outcome of the elections and weaker-than-expected industrial output data.
The country's government-run firms suffered a loss of over Rs 82,000 crore (Rs 820 billion) on a single day on Monday with no significant announcement like FDI hike in some sectors or disinvestments in PSUs in the Budget 2009-10.
BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival - the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space. In April, the average daily trading volume (ADTV) for BSE stood at Rs 89 trillion, accounting for 20.6 per cent of the overall ADTV of Rs 432 trillion (based on notional volumes for options).
The Bombay Stock Exchange on Thursday said it will keep a special window open for trading in gold ETFs (exchange traded funds) on 'Akshaya Tritiya' day on May 16.
Sustained buying by foreign institutional investors and selective buying by local funds pushed a host of stocks to their 52-week highs.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
In total, BSE would shift as many as 40 securities to the trade-for-trade category or 'T' Group while NSE would transfer 18 scrips to the segment on its platform, as per separate notices issued by both the bourses.
The Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and money markets will remain closed on Wednesday on account of 'Buddha Purnima'.
All employees of India's second largest information technology services company, Infosys, will get a stock bonanza on its 30th birthday on July 2.
The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.
The Bombay Stock Exchange, Asia's oldest stock exchange, plans to launch a separate trading platform for small and medium enterprises. Sources close to the development said the BSE was preparing a strategy for an SME exchange.
The Bombay Stock Exchange has stepped in to check a sharp surge over the past few days in the shares of 12 companies, including domestic brokerage firm IL&FS Investsmart, and have restricted their movements within a range of 5 to 10 per cent.
Several markets, including commodity, foreign exchange and money markets will remain closed on Tuesday on account of 'Maha Shivratri'.
The scrip of Bank of Maharashtra was on Monday listed on Bombay Stock Exchange and the first trade was struck at Rs 35 for 200 shares.
The scrip of Power Trading Corporation Ltd was listed on the Bombay Stock Exchange on Wednesday and the first trade was struck at Rs 32 for 100 shares.
The scrip of Datamatics Technologies Ltd was listed on the Bombay Stock Exchange on Friday and the first trade was struck at Rs 184.90 per share for 180 shares, 68.09 per cent premium to the issue price.
The Bombay Stock Exchange, the National Stock Exchange, forex, money market and oils & oilseeds will remain closed on Tuesday, December 9, on account of 'Bakri-Id'.
It is not only Mumbai's Dalal Street that is witnessing firecrackers on its skies in the run-up to Diwali, markets across the world tend to soar higher during the festival days -- be it Christmas in the United States or the Rio festival in Brazil.\n
The bourses said they would soon announce the list of securities eligible for pre-open and call-auction session.
The Bombay Stock Exchange has warned investors to be careful before investing in the stock markets.
The Bombay Stock Exchange and National Stock Exchange will be shut on Friday for Moharrum
Major markets, including the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange will remain closed on March 25, on account of Good Friday.\n
Key shareholders of low-cost airline SpiceJet have rejected an offer by the Reliance ADA Group to pick up a 51 per cent stake in the airline for Rs 40-45 per share. The offer was made last week.
Ahmedabad-based KGN Industries, a 'Z' group share that was re-listed at Rs 100 on the Bombay Stock Exchange on Wednesday after over seven years, witnessed a mammoth intra-day high of Rs 55,000 on minuscule volumes of 827 shares.
Select markets including the Bombay Stock Exchange, the National Stock Exchange, foreign exchange and money market will remain closed on Thursday, on account of Ambedkar Jayanti.
Barring bullion, all other commodity markets as well as forex and money markets, the Bombay Stock Exchange and the National Stock Exchange remain closed on Tuesday on account of Mahavir Jayanti.
The Bombay Stock Exchange will shift 22 scrips, including Canara Bank, Dena Bank and i-flex from the 'B1' to the 'A' group, from November 3.
The move is expected to cut into the business of rival Bombay Stock Exchange (BSE).
The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.
'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'
Indian drugmaker Morepen Laboratories Ltd has filed an international patent for the manufacturing process of Desloratadine, the Bombay Stock Exchange said on Wednesday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances