Archive for November 9th, 2007
It isn’t a normal full day session but it is indeed an auspicious day. The Diwali is a festival of light and color. The day is considered more of an auspicious than a full fledged regular day and hence volumes need not be looked at today.
The Sensex closed at 18907.6 down 151.33 points. The Nifty closed at 5663.25 down 35.5 points.
Oil & Gas, Services, Real Estate, Chemicals, Media and Manufacturing closed positive while Banking & Financial Services, Information Technology, Cement & Construction, Metals & Mining, Telecommunications and Utilities closed in red.
November 9th, 2007
In the continued efforts of providing quality benchmarks, BSE announces launch of ‘BSE Power Index’ on the eve of ‘Festival of Light’. The index aims to track the performance of companies engaged into the business of generation, transmission, distribution of electricity, companies providing power infrastructure, and manufacturers of equipments required for power generation.
Salient features of BSE Power index are as follows:
• Base Date: January 3, 2005
• Base Index Value: 1000
• Calculation Methodology: Free-float Methodology
• No. of Scrips on launch date: 14
• Historical Values: Available since January 3, 2005
• Represents about 90% market capitalisation of power sector companies from the list of BSE-500 index
The index would be calculated and disseminated on a real time basis through BSE’s trading terminal BOLT, BSE website and datafeed vendors effective November 9, 2007.
Presently BSE calculates and disseminates on a real time basis the sectoral indices such as BSE Auto, BSE Bankex, BSE Capital Goods, BSE Consumer Durables, BSE FMCG, BSE Healthcare, BSE IT, BSE Metal, BSE Oil & Gas, BSE Realty, BSE TECk.
Kalyan S. Bose
Head – Corporate Affairs
November 9, 2007
November 9th, 2007
On the auspicious day of Muhurat Trading Bombay Stock Exchange (BSE) announced the introduction of Online registration and electronic payment facility for its certification examinations.
It will now be possible for candidates to register directly for certification examinations by filling in the online registration form and making payment electronically by means of a Visa / Mastercard credit card.
The candidates will have the flexibility to choose the time and date of the certification examination on a highly user friendly. Payment can be made using Visa or Mastercard credit cards. This customer friendly initiative has been taken in the light of increasing popularity of BSE certification examinations which have seen a quantum jump in recent months.
This facility will be extended to BSE’s training programmes in the near future.
Mr. Rajnikant Patel, Managing Director & CEO, BSE observed “Since its corporatisation and demutualisation, BSE has taken a number of new initiatives aimed at providing improved customer service. This is one such initiative. I am sure candidates desirous of appearing for our certification examination will find the online registration and payment facility extremely convenient.”
Kalyan S. Bose
Head - Corporate Affairs
Bombay Stock Exchange Ltd.
November 9th, 2007
The Indian stock markets opened positive today in the 1 hour special Mahurat Trading today. Sensex is trading up 70 points upwards. Nifty 50 is up 20 points.
L&T, NTPC and the Reliance stocks are trading positive.
Wipro, Grasim, HDFC, Hero Honda is trading red. IT Stocks are feeling selling pressure.
November 9th, 2007
Asian Markets closed mixed today. All Ordinaries managed to close above the 6600 level and is up by 0.5%. Hang Seng is up 23 points, Jakarta Composite is up 29 points. Seoul Composite is up 10 points and Taiwan Weighted is up 33 points.
On the losers front are Shanghai Composite down by 14 points. KLSE Composite is down 11 points (Nov 7 ), NZSE 60 down by 50 points (Nov 8 ) and Staits Times is down 73 points. The biggest index loser today Nikkei 225 which fell by 188 points. Nikkei 225 closed at 15583 points
The Indian stock exchanges – Bombay Stock Exchange and the National Stock Exchanges are closed in view of Diwali festival and will have a short Muhurat Trading session today.
In the European Markets, MIBTel is down by over 450 points and Swiss Market is down by 110 points. Most European indices are trading in red. DAX however is in the green by about 30 points. Many of the European Markets are fearing about the Credit crisis by the banks. Rising Euro is viewed by the markets as a ‘currency dampens exports’.
November 9th, 2007