India Market

Indian shares end flat; outlook still weak

MUMBAI, May 25 - India's main stock index ended flat on Friday, as state-controlled oil companies fell on fears this week's petrol price hike would be partially rolled back, casting doubts about a potential increase in other fuels such as diesel.

REFILE-UPDATE 1-Indian rupee posts eighth weekly drop; RBI intervenes

MUMBAI, May 25 - The Indian rupee strengthened for a second session on Friday, continuing its recovery from record lows hit this week, after the central bank stepped in to defend the currency and exporters and custodian banks were heavy sellers of dollars.

25 May 2012

India's main indexes end flat; oil stocks fall

MUMBAI, May 25 - India's main indexes ended flat on Friday, as state-controlled oil companies fell on fears this week's petrol price hike would be partially rolled back, casting doubts over a potential increase in other fuels such as diesel.

25 May 2012

MARKET EYE-Steel companies gain price hike talk

* Shares in steel companies are gaining on speculation the government will meet steel makers on June 1 to discuss an increase in long steel products, dealers say. * The government does not control steel prices directly in India, but any direction from them would impact domestic steel prices. * Shares in Tata Steel are up 2.6 percent, SAIL and JSW Steel add 2 and 3 percent, respectively. (manoj.dharra@thomsonreuters.com)

25 May 2012

MARKET EYE-Fertiliser shares gain on Indian monsoon hopes

* Fertiliser shares gain on hopes that a timely arrival of the monsoon season will boost demand for fertilizers. * The monsoon is expected to hit the southern state of Kerala by June 1, according to the India Meteorological Department web site, in line with its prior prediction. * Last month, India's weather office also forecast normal rains for the third straight year. * Chambal Fertilisers and Rashtriya Chemicals & Fertilizers gain more than 1 percent each, while National Fertilizers gai

25 May 2012

MARKET EYE-Indian shares off lows on Europe, rupee

*Indian shares recovered from day's lows, helped by gains in European equities and a second session of recovery in the rupee after it hit an all-time low of 56.40 earlier on Thursday. * The recovery came even as MSCI's broadest index of Asia-Pacific shares outside Japan reversed early gains to slip 0.7 percent, hitting its lowest since late December. *Lenders State Bank of India and HDFC Bank led the gainers. * Tata Steel shares were also up on bargain hunting after the stock's large under

25 May 2012

MARKET EYE-Telecom shares up after commission meeting

* Telecom stocks rose after a government commission said it wants more spectrum to be auctioned. * The commission wants at least 10 mega hertz (MHz) of airwaves to be auctioned in each telecom zone, which is higher than 5 MHz suggested by the sector regulator. * Bharti Airtel gained 0.8 percent, extending Thursday's 5.6 percent gain after it signed a pact to buy a 49 percent stake in Qualcomm Inc's fourth-generation (4G) broadband venture in the country for $165 million. * "The stake he

25 May 2012

MARKET EYE-Voltas shares jump post earnings surprise

* Tata Group company Voltas, an air conditioning and engineering services provider, rose 9 percent a day after the company posted better-than-expected earnings. * The company swung to a net profit of 1.04 billion rupees in the March quarter, versus a loss of 1.15 billion rupees in December quarter. *Religare upgrades Voltas to 'buy' from 'hold', keeps target unchanged at 125 rupees. (manoj.dharra@thomsonreuters.com)

25 May 2012

MARKET EYE-Indian shares fall; fuel hikes in doubt

* India's benchmark BSE index falls 0.3 percent, while the 50-share NSE index is down 0.3 * Falls reverse Thursday's gains after the government came under pressure to roll back a petrol price hike, casting doubt about whether it would take the bolder step of raising other fuel prices. * Oil and Natural Gas Corporation falls 1.6 percent, after surging nearly 6 percent on Thursday, which had marked its biggest single day gain since June 2010. * Thursday's outperformers, ICICI Bank and Housing

25 May 2012

MARKET EYE FOCUS-More analysts cut India's GDP forecasts

MUMBAI, May 25 - Analysts at Goldman Sachs and Bank of America-Merrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic markets. The downgrades come in a tough month for Indian markets, after global risk aversion surged, exposing the country's fiscal and economic vulnerabilities. Goldman Sachs said it was cutting its gross domestic product forecast to 6.6 percent from 7.2 percent

25 May 2012
SENSEX Chart (in!sen)
NIFTY Chart (in!nsx)
BSE Mid-Cap Chart (in!BMX)

BSE Gainers

Symb Last Change Chg %
KRME.BO 20.15 +8.55 +73.71
KIND.BO 57.60 +9.60 +20.00
ZNDU.BO 1,553.70 +258.95 +20.00
PADG.BO 78.90 +13.15 +20.00
WHEL.BO 671.80 +111.95 +20.00

BSE Losers

Symb Last Change Chg %
UBOI.BO 57.15 -2,774.86 -97.98
SRI.BO 4.53 -31.22 -87.33
BHRT.BO 6.51 -31.54 -82.89
MOME.BO 40.40 -8.15 -16.79
ASCO.BO 1.44 -0.23 -13.77

All Indian Indices

Data as of 26 May 2012. All quotes delayed at least 15 minutes.
Symb Index Mkt Report Time Last Chg Chg %
.NSEI Nifty 25 May 2012 4,920.40 -1.00 -0.02%
.BSEOIL BSE Oil & Gas 25 May 2012 7,577.63 -5.12 -0.07%
.BSEIT BSE IT 25 May 2012 5,523.09 -2.89 -0.05%
.BSEMET BSE Metals 25 May 2012 10,088.61 +92.30 +0.92%
.BSEFMCG BSE FMCG 25 May 2012 4,590.25 -21.14 -0.46%
.BSECG BSE Capital Goods 25 May 2012 8,862.84 +78.38 +0.89%
.BSEBANK BSE Banking 25 May 2012 10,899.21 +33.57 +0.31%
.BSEREAL BSE Realty 25 May 2012 1,572.27 +8.39 +0.54%
.BSEAUTO BSE Auto 25 May 2012 9,238.89 -4.32 -0.05%
.BSEPOWER BSE Power 25 May 2012 1,784.70 +1.53 +0.09%
.BSEHC BSE Healthcare 25 May 2012 6,640.08 -8.62 -0.13%

Markets

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  • U.S.
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  • Sectors
Stock Search
Nikkei 8,580.39 +17.01 +0.20%
Hang Seng 18,713.41 +47.01 +0.25%
Sensex 16,217.82 -4.48 -0.03%
EUR/INR 69.302 -0.47%
USD/INR 55.365 -0.33%
GBP/INR 86.697 -0.43%
Gold 1,573.10 +15.60 +0.99%
Oil 90.74 +0.08 +0.09%
Corn 578.50 +0.00 +0.00%
Symb Last Chg % Volume
ALOK.BO 18.80 -0.79 11,079,607
CALS.BO 0.17 +0.00 9,539,193
DCWL.BO 17.38 +9.24 4,567,350
Data as of Sat May 26, 2012 4:38am IST.

Nifty Most Actives

Symb Last Chg % Volume
LAIN.NS 12.25 +1.24 29,394,520
JAIA.NS 61.20 +2.68 18,393,550
VOLT.NS 101.45 +12.16 13,517,631
Data as of Sat May 26, 2012 4:38am IST.
Symb 4 wk rating
change
Current mean
rating
MRPL.NS 2.50 to 1.40 Buy
IIFL.NS 4.00 to 3.00 Hold
ZYDS.NS 3.00 to 2.25 Outperform
Symb 4 wk rating
change
Current mean
rating
SRFL.NS 2.00 to 4.00 Underperform
RCSY.NS 2.50 to 4.00 Underperform
KRBR.NS 1.00 to 2.00 Outperform
Photo

Under pressure, govt to review steep petrol hike

NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.