Indian index had a gap down opening in line with the Asian peers.
Indices witnessed minor recovery during the morning session even as IT
stocks extended their losses.
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Indian equities ended on a firm note with the benchmark 30-share index,
BSE Sensex gained 510.13 points or 3.36% at 15,685.21 with 28
components posting rise.
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U.S. stocks climbed, giving the S&P’s 500 Index its biggest gain of the
month, as better‐than‐estimated housing starts added to expectations
the world’s largest economy will weather Europe’s debt crisis.
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Indian markets plunged to 25-month low on Friday despite inline RBI policy. At the close, the benchmark 30-share index, BSE Sensex lost 345.12 or 2.18% at 15,491.35 with 27 components registering drop.
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The Indian markets ended this week on a fragile note ahead of the major events lined-up for the upcoming week.
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The market started on a promising note to close with minor gains. The Sensex ended at 16877 up 72 points or 0.43% and the Nifty closed at 5063 up 23 points or 0.47%.
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It was a consolidation day for the Indian market as the Sensex closed marginally lower amid volatility.
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The Sensex staged a stunning performance for the second consecutive session shooting up 363 points in late trade.
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The Sensex surged 2% at close on Thursday as the Central bank’s move to reduce the cost of dollar temporarily by 50 basis points pushed all the global markets higher, by 2-6%.
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The Sensex closed with 1% loss on Tuesday, as huge sell-off was seen in sectors like banks, realty and metal stocks.
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The Sensex ended the day with a loss of 1%, dragged down by oil & gas, technology, auto and metals sectors.
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The Indian markets crumbled under intense selling pressure across the board as selling in oil & gas, private banks, technology and steel stocks dragged the index sharply lower in late trade.
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Indian equity benchmark Sensex dropped 1% on Friday led by the slowdown in industrial growth and Moody's negative outlook on the Indian banking system due to rising bad loans.
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After a lackluster trade since the opening, the BSE Sensex shed more than 200 points in the last hour of trade due to renewed concerns in the eurozone.
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Indian markets ended the day nearly 1% lower, with BSE Sensex closing at 16,751, down 182 points and NSE Nifty settled at 5,032, down 52 points.
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Indian equity benchmarks gained strength in the last couple of hours of trade led by Reliance Industries and ICICI Bank.
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Indian equity benchmarks gained strength in the last couple of hours of trade led by Reliance Industries and ICICI Bank.
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Reacting to strong global cues, Indian equity benchmarks rallied more
than 1% led by strong buying into banks, capital goods, oil & gas sectors.
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