BSE Sensex falls, ONGC rises 1 pct

MUMBAI Thu Mar 1, 2012 9:27am IST

A woman speaks on her phone as she walks past the Bombay Stock Exchange (BSE) building in Mumbai November 4, 2010. REUTERS/Danish Siddiqui

A woman speaks on her phone as she walks past the Bombay Stock Exchange (BSE) building in Mumbai November 4, 2010.

Credit: Reuters/Danish Siddiqui

Related Topics

Stocks

   

MUMBAI (Reuters) - The BSE Sensex fell 0.4 percent early on Thursday as investors shifted their focus to a government share sale in Oil and Natural Gas Corp that aims to raise at least $2.5 billion.

ONGC rose 1 percent to 296 rupees. The government is selling a 5 percent stake in the country's largest oil producer at a floor price of 290 rupees a share. The one-day auction started at 9:15 a.m. (0345 GMT).

At 9:17 a.m. (0347 GMT), the main 30-share BSE index was down 0.44 percent at 17,671.8, with 17 of its components in the red.

The 50-share NSE index was fell 0.5 percent to 5,356.5.

(Reporting by Kaustubh Kulkarni; Editing by Ranjit Gangadharan)

FILED UNDER:
  • Most Popular
  • Most Shared

DEFENCE

REUTERS SHOWCASE

Canonisation

Canonisation

Pope declares sainthood of two Indians, four Italians.  Full Article 

Stake Sale Strike

Stake Sale Strike

Coal India trade unions call off strike in victory for Modi.  Full Article 

Markets Weekahead

Markets Weekahead

Ride the bull with a finger on the ejector button.  Full Article 

Arms Purchase

Arms Purchase

India approves $2.6 bln mounted gun purchase - official.  Full Article 

Interview with Bulgari CEO

Interview: Bulgari CEO

Bulgari CEO: we shouldn’t have left India so we’re back  Full Article 

Formula One

Formula One

Hamilton takes second F1 title in style.  Full Article 

Available For Remake

Available For Remake

Bollywood finally wants to pay the price for remakes  Full Article 

Davis Cup

Davis Cup

Vintage Federer seals first Davis Cup for Switzerland.  Full Article 

Movie Review

Movie Review

"Happy Ending" is old wine in an older bottle  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage