November 22, 2012

Market Pulse - Nov 22, 2012

Thu, Nov 22, 2012 at 15:30AM
Markets end higher led by IT
Markets ended higher, amid firm global cues, led by index heavyweights Infosys and ITC. The failure of former UPA ally the Trinamool Congress to bring a no-confidence motion against the government in the Lok Sabha today over FDI in retail also helped improve sentiment. Sensex provisionally ended up 48 points at  18,509  and the 50-share Nifty ended up 11 points at 5,625.

Thu, Nov 22, 2012 at 14:30AM
Markets remain positive amid volatility.
Markets continue to maintain the upbeat trend amid volatility as investors remained cautious over the ability of Congress-led UPA government to pass key reforms in the Parliament winter session. Winter Session of Parliament today got off to a stormy start with key UPA supporters SP and BSP triggering uproar in both Houses leading to adjournment of proceedings till noon. Sensex surged by 95 points at 18,555, and the Nifty was up 22 points or 0.45% at 5,640 levels.

Thu, Nov 22, 2012 at 13:00AM
Markets continue lackluster trades.
Markets are trading on a flat note this afternoon with the Sensex gaining 42 points at 18,502. Nifty is up 6 points at 5,620. SBI is leading the gainers list - up 2% at Rs 2103. HDFC Bank is up 1% and has contributed the most to the Sensex's upmove. Infosys, Larsen & Toubro and Mahindra & Mahindra are the other key movers this afternoon.

Thu, Nov 22, 2012 at 11:30AM
Market pares gains on reform uncertainty.
Market pared gains and fluctuated in late morning trades as investors remained uncertain over the ability of Congress-led UPA government to pass key reforms in the Parliament winter session starting from today. Bombay Stock Exchange's Sensex index was up 34 points comapred to earlier gains of 67 points to 18,494.39 while the National Stock Exchange's Nifty index was up 5 points from a gain of 22 points earlier to 5,619.10 levels.

Thu, Nov 22, 2012 at 10:00AM

Markets advances on firm global cues.
Markets have opened on a positive note tracking tracking firm global cues. Sensex was at 18,524.21, up 63.83 points or 0.35 per cent. It touched a high of 18,527.4 and a low of 18,510.94 in trade today. The 50-share Nifty was at 5,627.90, up 13.10 points or 0.23 per cent. It touched a high of 5,631.15 and a low of 5,625.70 in trade today.

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