Broader market underperformed the headline indices
The Sensex finally closed 19 points lower at 5,758. The Nifty moved in a range of 1,825 - 1,813, before settling with a marginal loss of two points at 1,818.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Forex dealers said besides the dollar's gain against other currencies, fresh demand for the American unit from importers and a weak opening in the domestic equity market put pressure on the rupee.
The government is bullish on Coal India and ONGC's stake sale programme which are to be held soon.
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
The Sensex rallied sharply towards the closing hours on relentless buying support in techs, auto, pharma and select PSU stocks, and finally notched up 81 points gains to close at 4,275. The Nifty also advanced 29 points to 1,358.
The Sensex gained 11 points to open at 5,412. Though slight weakness is seen in tech and cement stocks, steady gains in select heavyweights, PSUs, pharma and other old economy counters lifted the index
The Sensex opened with a positive gap of 28 points at 6,471. After crossing the 6,500-mark in early trades, the index moved in a range of 6,510-6,515 till early noon trades.
The Sensex opened flat at yesterday's close of 5,842, and touched an early high of 5,868 on steady buying support in PSUs, tech, cement and other select old economy stocks.
The Sensex, which, scaled a new summit of 10,305, pared gains towards the close and finally finished with a marginal gain of 20 points at 10,244.
The 20-year-old beat 24 others to the title.
The Sensex on Thursday dropped 36 points to close at 5721, while the Nifty shed 18 points to finish the day at 1804.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
The Sensex opened with a positive gap of six points at 9,001, which turned out to be the high for the day.
Many of the jobs will now be offshored to lower income countries such as India, China and Poland
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
In the latest large opinion poll, the opposition Bharatiya Janata Party and its allies were forecast to win a narrow majority in the 543-seat lower house of parliament, compared with previous surveys predicting that they would fall short.
The mood in the market is optimistic after a firm early morning session, with most of the stocks continue to add gains on sustained buying support. Though cement stocks are still subdued, the Sensex has moved up 54 points to 4,689.
The Sensex commenced on a positive note with a gain of 11 points at 4,393.
The Sensex shed 41 points to close at 5,677. The Nifty was down 24 points at 1,784.
Alstom Power has informed that there is no offloading of shares by ALSTOM Power NV as stated in the said article.\n\n\n\n
The Sensex, which opened with a huge negative gap of 42 points at 3,842, bounced into positive zone immediately on buying in old economy stocks.
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
The Sensex opened with a positive gap of 16 points at 5,281. It slipped a bit to touch an intra-day low of 5,278, bit however soon spurted to an intra-day high of 5,290
