Sensex falls for fourth week in a row, tanks 698 pts

Stock Market, BSE and NSE, Monday, August 15th, the 'Independence Day', the account was closed. Increased selling by foreign institutional investors (FIIs) was one of the major reasons for the unrest. 

Over Rs 2,000 crore by foreign institutional investors pulled out this week, for more than seven thousand six hundred crore in August, taking the total so far. 

Enduring European debt problems and suspected U.S. economic data released on Thursday, signaling the slowdown of the world, is going to upset the sentiment around the world. 

Domestic front, high inflation and rising interest rates, which may limit corporate profit growth, continued to weigh on the market. Recession from July 26 to 50 basis points when the Reserve Bank raised key lending rates, the market is high expectations. 

Situation was exacerbated by external factors. RIL, Infosys, ICICI Bank, SBI, Tata Motors, Tata Steel, Jindal Steel, Sterlite, Wipro, Hindalco, Tata Power shares his new 52-week lows as Sensex key logged. Bombay Stock Exchange 30-share bellwether index resumed higher at 17015.99 down to 16,000 but later dipped to a low of 15987.77, a net loss of 697.96 points or 4.14 per cent May 25, 2010, after at 16141.67, the lowest closing before the end of its previous weekend's close.

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Market recovery, Sensex above 17,000

U.S. credit rating is damaged the credibility of the impact on stock markets around the world, one was on Monday. Indian market opened with steep declines. Sensex opened down nearly 500 points. Earlier, in other major Asian markets has declined drastically. 

However, after 12 noon sharp recovery seen in the market. Sensex is trading above 17 thousand. However, market analysts are saying that the Sensex fell to 15,000 in the next few days could reach. 

Afternoon @ 1:00 pm After a sharp fall in Indian markets have seen sharp recovery. Finance Minister Pranab Mukherjee's statement is helpful in recovery. He said that Indian markets are strong and will not have much impact on India of U.S. weakness. About 4 hours 16, after trading below by 000 and 17, is trading above 000. Sensex down 145.45 17, is trading at 160.42. Nifty is trading at 5184.55 down 26.70 points. 

Morning @ 11:00 am BSE Sensex's fall of 482.44 points is trading at 16823.43. The NSE Nifty is trading at 5072.15 down 139.10 points. TCS, Reliance Industries, Infosys, Bharti Airtel, ICICI Bank and ONGC 2-5 per cent as recorded in the heavyweight stocks. 

Wipro and HCL Tech have seen weakness in the 7-8 per cent. BPCL and GAIL are gainers. 

 Early trade Indian market opened with steep declines on Monday. Show selling pressure during early trading in the market. Fall of 465.76 points in early trade with the Sensex is trading at 16840.08. Nifty is trading at 136.55 points down to 5074.70. Major companies, HCL, TCS, Tata Motors and Wipro's shares have declined the most. GAIL and BPCL edge in the exhibit this fall.

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Sensex Ends Up 136pts

Markets will be moved to a later time transactions, such as index heavyweight, Reliance so hard to buy. The SENSEX after languishing near the dotted line for most of the day, it rose 187 points the highest 18909th index is now 18 887 - up 165 points. The great thing about up to 51 points at the 5686th

Reliance Rs 887 rose 1.5% after the government approved the BP deal. The Centre on Friday gave an unconditional acceptance of India's largest private sector company to sell 30% stake in Block 21 of British Petroleum. The government, however, retains allow two blocks. In the meantime, the company plans to announce in June quarter today.

Asian stock markets fell today, concerns continue to plague debt investor emotions in the United States. U.S. leaders failed to agree on the weekend to increase the public debt limit before the deadline August 2.2011, leading to fears of a sovereign default. The global financial crisis, which was rooted in the poor regulation in the U.S. housing and banking sectors, have already been tarnished perceptions of the U.S. overseas ....

Bank of India posted a net profit decreased by 28% from Rs 517.5 crore in the first quarter ended on June 30, 2011. State-owned bank had posted net profit of Rs 725.1 crore same quarter last fiscal year. 3% of the stock shed Rs four hundred and third

However, total revenues in the bank with 34.8% of Rs 7,293.6 crore compared to Rs 5,407.6 crore during the year ago period.

Shares of the leading mobile service provider Bharti Airtel jumped after the company's mobile phone costs raised by some of its telecom zones, triggering expectations that other companies in the market model, which is one of the cheapest call rates. Religare supplemented by smaller rival, Bharti and Idea Cellular "buy" from "hold" and raised the outlook for the Indian telecom sector to "overweight" from "neutral." Both stocks hit a new high today. Bharti Airtel was the largest contributor to the SENSEX upmove.

Patni Computers, software company today posted net profit of Rs 82.03 crore for the quarter ended June 2011, down 46.38% to Rs 153 crore for the corresponding quarter a year ago. Patni shares touched a new 52-week low of Rs 306 today and is currently at Rs 318 - down 4.6%.

Realty stocks of common concern, the RBI raising key interest rates again at its policy through tomorrow. BSE FMCG and IT indices were down for trades.

Meanwhile, rainfall between 14 July and 20 July 7% in the medium term, the Indian Meteorological Department. This comes after two consecutive weeks below average rainfall concern crops.

Markets look at RBI policy review, and continues to the results of the season. BHEL, Maruti Suzuki reported, Asian Paints, and Great Offshore quarterly earnings tomorrow. The following figures have come from Bank of Baroda, IDFC, Lupin and Oil India.

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Markets Get Global Boost, Sensex Rises 286 Points

Markets ended on an optimistic note following positive news from the European Union, Greece's dry, and gains in bank shares after the Axis Bank announced better than expected results.

Nifty open green and moved steadily higher in 5577, supported front-line bank shares rally - Axis Bank, ICICI Bank and Punjab National Bank. 5642 index touched the highest in the afternoon and ended near days high 92 points to 5634. Concentrated in the SENSEX 286 points 18 722

Going forward, the markets will take cues Reliance Industries earnings on Monday and the Reserve Bank of India's tight Tuesday. Economists expect the RBI to break the cycle of high interest rates when it meets Tuesday, after raising prices by another 25 bps. The government has raised interest rates ten times in the past year, including high inflation.

On the global front, pepped European Union, the other for dry Greek $ 1570000000 up the risk in equities and indices of appetite notch a total of more than 1% growth in Asia. Japan's Nikkei Stock Average of 1.2%, jumped Hong Kong's Hang Seng index 2.1% and China's Shanghai Composite rose 0.2%.

Back in India, banking sector, investors got shares in Axis Bank announced a rise of 27%. Net income advanced Rs 942 crore in the quarter compared with Rs 742 crore last fiscal. Net interest income reported at Rs 1724 crore. Stock concentration of 5% after the results at the end of Rs 1296th

Axis Bank announced better than expected results prompted interest in buying shares in other banks including Union Bank, up to 5%, Yes Bank and ICICI Bank up 3.7% to 2.6%, pulling the BSE Banking index up 2.2% .

Among individual stocks, ended Bharti Airtel at Rs 411, 4%, after touching 52 weeks max Rs 412 after reporting 20% ​​hike in tariffs from 1 Paisa Paisa 1.2 per second, some circles.

Reliance Industries rose 1.5% to Rs 873 on expectations of a cabinet nod for RIL-BP (British Petroleum) deals worth $ 7200000000th Meanwhile, oil and gas conglomerate is expected to report a 15% increase in net profit of Rs 5,600 crore, driven of sales growth of 29% in June.

Rate sensitive auto stocks were also among the top gainers, index advanced 1.7%. Mahindra & Mahindra was up 3%, 2.6% were Ashok Leyland and Tata Motors added 2.2%.

Top gainers on the SENSEX was Reliance Communication to 3.4%, Infosys received 2.1% and 2% concentration of Bajaj Auto. Only three components of the SENSEX ended in red on the DLF fell 0.4%, Hindalco Industries slipped 0.3% and Jindal Steel fell 0.1%.

From a broader market rose 1.3% MidCap and SmallCap index added 0.2%.

Market breadth was positive, 1,715 shares advanced, 1188 shares that declined.

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Sensex Ends 66 Pts Down

Indian equity criteria for a closed slightly lower in the middle of the cross-trading on Thursday. The market gyrated around its previous closing value of the morning trade due to lack of global cues.

In the second half trading was a bit better because of lower than expected decline in European markets before the EU summit.

NSE 50-share Nifty fell 25.45 points, to close at 5,541.60 and the BSE 30-Share SENSEX fell 66.19 points to end at 18,436.19. Broader indexes slid over 0.4% each.
Investors were skeptical of the American debt crisis, debt default and inflation. Raj Bhatt said Chairman and CEO of Elara Capital is all set to reduce wages to increase concern for investors.

"We do not see much inflows coming into India in the next two quarters. Downgrades and a possible inflation over the next few quarters is a big problem," he says. He believes that foreign institutional investors (FII) flows will come to India early next year, when concerns are resolved.

The French CAC, German DAX and UK FTSE was trading 0.8% lower (during the closing of Indian shares) before EU leaders meet in Greece, the second financial rescue package.
It was reported that Berlin and Paris seemed to have reached an agreement on a financial rescue package early Thursday morning in Greece.

Heavyweight Reliance Industries has played an important role in today's sell-off. Shares fell 1.75% - This may be because the cabinet deferred a lot of BP-RIL.
Financial shares have been excised - BSE Bankex slipped 1%. HDFC Bank, SBI, Axis Bank, ICICI Bank, PNB and IDFC fell 0.5 to 2%. Kotak Mahindra Bank fell 3%, in spite of good Q1 numbers.

NTPC, BHEL and DLF were the other losers in the deal. Reliance Communications was the biggest loser with a fall of 4% is the Nifty.

Howerver, buying in FMCG, the defense sector for a limited downside. ITC and the Hollow was approximately 0.5%. ONGC, Infosys and Wipro too went to more than 0.5%.
Hero Honda was the top gainer post strong numbers, growing by 1.6%. First quarter net income rose 13.5% in the company for more than a year ago to Rs 557.89 crore was supported by strong growth in sales volume. Revenue from India's largest two-wheeler maker picked up 32% from one year to Rs 5,683.33 crore.

In MidCap space, open Wednesday jumped almost 11% after strong Q1 numbers. CRISIL, SKS Microfinance, Hexaware Tech, and Petronas LNG rose by 9.6%.

But slipped Apollo Tyres, NCC, Shree Global, Orchid Chemicals and Dish TV India to 4-5%.

Crompton Greaves, which had lost 30% of the previous two days reached 2.5% short today.

About two stocks fell for every share in the last National Stock Exchange.

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Sensex Closes 151 Points Down

Compared with the BSE SENSEX shed 151 points on Wednesday as investors sold across the board blue chips fear hike in interest rates to tame inflation and lower than expected Q1 earnings posted by IT major Wipro, despite firm trend in overseas.

30-Share SENSEX which received 147 points Tuesday, began on a positive note, before declining 151.49 points to 18,502.38, with almost all of the indices closing in the red.

Broad National Stock Exchange index Nifty fell by 46.50 points to 5,567.05 after touching an intraday high 5,645.40.

Brokers said the feeling bearish ahead of RBI policy meet next week to concerns that stubbornly high inflation, the central bank will raise interest rates further, the bulk of corporate earnings.

Mood was also dampened after a major Wipro first quarter net income on the budget and its sales forecast for the next quarter failed to match market expectations and the impact on trade in technology.

Wipro shares fell to a 3-month low, losing 3.95 per cent of Rs 398.60 a piece.

Sales Pressure on sales momentum of the center-right path, and reports trends in the Asian region and the opening is greater in Europe failed to lift investor emotions.

Indica energy sector suffered most, losing 1.73 per cent followed by health care index, which fell 1.71 per cent. Capital goods index fell 1.45 percent and 1.42 percent of the car index.

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Nifty Ends Above 5600; Tech, Realty, Metals Lead

Indian markets broke through the Cross and the session ended with a positive ground advantage in European markets intensified feelings. Upmove led the advantages of technology, property, and as power metal, auto and capital goods shares edged lower.

The benchmarks were opened on a positive note and rank bound in the absence of activity towards the purchase and investors remained cautious side, on the American debt crisis and debt default. Observed movement of certain companies that reported quarterly results. But the positive opening of European markets and benchmarks supported by the difference between a closed above the resistance level of comfort.

According to analysts, investors should be cautious in the medium term is still negative.

National Stock Exchange Nifty closed 5,613.55 up 46.50 points or 0.84 percent. The broader index touched the lowest to the highest level of 5,627.65 5,557.20 in trading today.

Bombay Stock Exchange SENSEX ended 146.83 points to 18,653.87, or 0.79 per cent. 30-share index touched the highest intra-day low 18,481.83 and 18,690.42.

"As long as we trade under the 5700-5750 medium term remains negative. Break below 5496 would have a domino effect and the green trend channel support at 5340 if you can be damaged, opened 5200," said Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services .

BSE MidCap Index rose 0.41 per cent and BSE SmallCap Index moved 0.82 percent higher.

Among the sectoral indices the BSE IT index rose 1.17 percent, 1.12 percent of the BSE Realty Index and BSE Metal Index moved 0.90 percent higher. BSE Auto Index fell 0.43 per cent, BSE Power Index edged 0.26 percent lower and BSE capital goods Index slid 0.13 percent.

Kotak Bank (2.61%), DLF (2.30%), the Sterling Industries (2.02%), Sun Pharma (1.86%) and Cairn India (1.70%) major Nifty gainers.

HDFC Bank shares hit record high of Rs 519.50 at the beginning of the first quarter before trading. The bank reported net profit of Rs 1,085 crore for the quarter ended June 2011 against Rs 811 crore in the same quarter a year ago. Total income increased by Rs 7,098 crore from Rs 5,410 crore in the same period last year.

Tata Motors (-1.60%) Hero Honda (-1.20%), Maruti (-1.13%), HDFC Bank (-0.79%) and Hindustan Unilever (-0.71%) were among the best losers.

Market breadth was positive with 1691 gainers on the NSE against the losers in 1233

European markets witnessed a pull-back rally and the U.S. will likely follow.

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Sensex Dips 55 Pts On Rate Hike Fears, Weak Global Cues

Compared with the BSE SENSEX fell 55 points on Monday as investors feared a hike in interest rates when inflation is RBI reviews the situation in the middle of next week trend.Bombay weak global stock exchange 30 share index, which fell 56 points the previous session on Monday lost 54.88 points in 18,507.04, a concern that high inflation in June may force the Reserve Bank of India to hike borrowing costs.

Broad National Stock Exchange index Nifty fell by 14.05 points 5,567.05.

Brokers said the weakness in Asia and the lower opening in the middle of Europe, raising concern about the fate of the political negotiations in August, the U.S. debt to avoid default, made $ 14000000000000 financial investors wary.

Furthermore, the failure of banks in eight European settlement in the Banking Committee, the Office of stress tests on the market spiked.

Bearish sentiment abroad infected with the software company's stock at home if they get more than 50% of its revenues from U.S. and European export markets.

Infosys, the second heaviest SENSEX scrip fell 0.60% to Rs 2,714.05, while the country's largest IT services exporter, lost 1.97% at Rs 1,125.40 a piece.

Market sentiment was also nervous ahead of quarterly earnings expectations for some of the leading companies, they may miss market expectations. Three of the four first-quarter net earnings on the SENSEX companies meet analysts' estimates that rising interest costs crimped profits.

Auto, IT, Healthcare and Teck shares traded lower as the benefits realty, consumer durable, metal and energy sectors registered a decline in any market.

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Sensex Snaps 3-Week Winning Streak, Down 296 Pts

Compared with the BSE SENSEX snapped their winning streak over the last three weeks and fell to 296 points due to profit booking by investors and entrepreneurs, in the weakness of the banking market before the results of stress tests. Disorientation in global markets, fears the spread of the euro area Zone crisis, the major European countries and lower industrial output data, the SENSEX torn to 18,326.42.

Impasse debt ceiling, the U.S. and back-to-back, warned the S & P and Moody's U.S. debt is also considered trading emotions.

Bomb blast in Mumbai in three weeks, also affected the market emotions.

Analysts say that the first quarter, announced the country's second largest software company Infosys Tech was the market's expectations and the economic downturn helped.

The company reported 15.72% jump in consolidated net profit of Rs 1,722 crore in the first quarter ended 30 June 2011.

Displaying the slack in the economy, industry growth fell to 5.6% in May 2011 by 8.5% in the same month in 2010, mainly due to poor performance of manufacturing and mining industries, has further aggravated the situation.

Compared with the BSE SENSEX fell back below the 18,823.19 to 18,326.42 and 18,561.92 before settling on the week, a net loss of 296.12 points or 1.57% on the previous weekend. This was achieved by 987.51 points or 5.53% over the last three weeks.

Interest rates are linked to stocks and real estate banking segments, also attracted a sell fear of rising interest rates, given the rise in inflation, which can affect the bottom line of these companies / banks.

Metals and mining shares extended a slide, according to a ministerial-level discussion of the draft approved by the Mining Bill, which proposed a profit-sharing with people affected by their projects.

NSE 50-share Nifty also fell by 79.55 points or 1.41% to 5,581.10 last weekend at their level.

Among the BSE IT index fell 5.53%, 4.51% on BSE Teck, BSE-Metal by 2.36%, 1.89% on BSE Realty, BSE capital goods 1.35% and BSE Auto 1.19%.

But BSE-shot of the IPO of 1.70%, BSE-HC by 1.26% and BSE Oil & Gas by 1.12%.

Major losers from SENSEX pack was Infosys (8.31%), Hindalco (6.26%), Jaiprakash Asso (3.95%), Hero Honda (3.76%), Wipro (3.63%), Tata Steel (3, 56%), BHEL (3.02%), Cipla (2.56%), Reliance Infra (2.21%), Bajaj Auto (2.62%) and HDFC (2.60%).

But the shot from Reliance Industries 2.21%, 0.71%, followed by ONGC, ITC and M & M 0.52% 0.28%.

Total turnover of BSE and NSE fell by Rs 12,562.73 crore and Rs 49,941.40 RS 15,233.28 crore, according to 54,892.40 crore and former

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Sensex Ends Flat On High Inflation, Mumbai Blasts

Compared with the BSE SENSEX closed flat on Thursday, up only 22 points in today's volatile trading, three explosions in the country's financial system has made investors nervous hub yesterday, and general inflation rose less than market expectations.

Bombay SENSEX stock index shot up 350 - range from 18,803.05 to 18,449.23 before ending the moderate gains of 22.18 points 18,618.20.

After the start of the following statements under the triple bomb blast in Mumbai last night by the 30-share index rose as home minister P Chidambaram said the terrorist attacks, "the goal is not unnerve business centers, but to hit populated areas and traffic.

In addition to the general inflation - measured by the inflation index - climbed to 9.44% in June from 9.06% in May, far below market expectations and helped the market to wipe-off losses in the last few days.

But the stock took a dip at the FAG end on weak Asian trend in Europe and the lower hole, deleting most of the benefits.

Broad National Stock Exchange index Nifty ended 14.35 points higher 5,599.80, after moving between 5,653.95 and 5,541.70 points.

Banking shares in recent hopes that lower growth in monthly inflation may reduce the prospects for further interest rate hike. The largest lender State Bank jumped 1.39%, the largest private lender ICICI Bank 1.40%, HDFC Bank, HDFC by 1.01% and 0.55% to Rs 505.90.

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Sensex To Touch 22,000 Mark In 12-Months: Credit Suisse

Switzerland-based bank Credit Suisse said Tuesday that it expects that the Bombay Stock Exchange barometer 30-stock SENSEX touching 22,000 mark in 12 months.

"Industry consensus that businesses should SENSEX earnings (up) from 18 to 19 per cent. Rising costs and interest rates are expected to consider cost effectiveness, and conservative growth expectation of 15 per cent, so it is possible to" Credit Suisse Head of Equity Research in India , when the country Munshi told reporters here.

Munshi said showed 15 per cent growth, with foreign investment in retail and insurance costs, and inflation stabilization would allow the SENSEX touching 22,000 points.

He said that some of the stocks of fast moving consumer goods area was touched by his life highs last week, while others were thrown 40 to 50 percent due to negative news flow.

"Some stocks are highly valued. They are valued at market value 22,000, while some stocks are valued (as), where the market is 16 000," he said.

To illustrate his point, says Munshi stocks like Tata Consultancy Services (TCS), ITC was Housing Development Finance Corporation (HDFC) and Hindustan Unilever rated high because the valuation of Reliance Communication Reliance Infrastructure, Steel Authority of India (SAIL) and DLF were less .

"Unfortunately, the sectors that may well be higher than the weightage on the SENSEX, which has been improved in recent months," She said.

In the telecommunications sector and the interest rate sensitive sectors like banking and the car is attractive to an investor at this stage to add to your portfolio, says Munshi. "In the telecommunications sector has seen signs of improvement after two difficult years," he added.

Munshi said that inflation is still one of the most worrying factor for India's macro policy makers. Inflation was a structural and a little beyond the Reserve Bank of reach, he said. "The RBI should pause after two interest rate increases if growth slows down and we have already seen signs of slowing growth," he said.

Since March 2010 the central bank upped its key interest rates ten times, while the latter is 16 June, when he walked the short-term loans and loan interest rates 25 basis points to 6.5 percent and 7.5 percent.

However, Credit Suisse estimates that 8.5 percent of GDP in the current fiscal year.

"We are at 8.5 percent of GDP in FY 12 and it can be lowered to 8 percent if the monsoon is poor. But 8 percent is still quite robust growth in the economy," said Munshi. Credit Suisse now expects GDP in FY 13, which was 8.7 percent.

In addition, inflation is a problem, was the industrial production is also concerned about slower, he said.

"Sectors such as construction, mining and railways, which are state, is facing delays in decision-making or ordering activity. The performance has been good. The lack of a pick-up in the coming months may be worse infrastructure bottlenecks, which in turn affects the long-term , "one said.

Eurozone crisis in the country can be seen in a foreign institutional investor (FII) payments including Munshi said that it can work in favor of India, as it helps to cool-off in global commodity prices, so in-control inflation.

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BSE Adopts New Corporate Identity

State premier stock exchange, the Bombay Stock Exchange Ltd. on Monday formally adopted a new common identity as BSE Ltd.

Its twenty ninth meeting approved in June, Bombay Stock Exchange Ltd. formally adopted a new common identity as BSE Ltd., according to a press release.

Plan for two centuries, the BSE played a leading role in covering several milestones that continually strives to create value for stakeholders, and India's financial ecosystem, he said.

It has turned into a pan-Indian multi-product market, said the infrastructure authority, whose activities range from equity, debt and derivatives segments of the care and education for business publication.

BSE is the oldest stock exchange in Asia. As with all companies listed on the BSE stock market exchanges in position 4 and the eighth largest in Asia in the world.

BSE 136-year-old also has the largest number of listed companies (over 5000) in the world.

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Sensex Posts Marginal Gains On Cautious Approach by investors

While continuing its firm trend, the third consecutive week, after a good buy real estate, consumer durable and automobile counters, showed BSE SENSEX a week compared to 95 points. Marginal profit, mainly due to traders and investors cautious ahead of first quarter corporate results.

The SENSEX opened the week higher hovered between 18,896.24 and 19,131.70 and 18,682.60 before settling at 18,858.04 Friday, rising 95.24 points, or 0.51% from its previous weeks close.

Concentrated 30-stock index to its nine-week high of 19,131.70 on Friday, and the constant influx of foreign funds, equity capital markets.

However, profits fell right in the middle of the order of blue chips and heavy metals sell-off of mining companies and the Bill proposes a new profit-sharing projects with people.

The Bill of Mines and Mineral Development and Regulation (MMDR) Bill, 2011 has proposed to make it mandatory for coal miners to share 26% of their profits, while companies mining other resources are required to pay 100% of license fees for its production of the project sufferers.

Realty shares continued to attract good buying support, resulting in the BSE Realty index rising to 7.12%. Consumer durable and car counters were also interested in demand.

Minister of Foreign Institutional Investors (FIIS) continued their buying spree the week when they started shares worth Rs 3,593.93 crore against Rs 6,256.10 crore in the last week.

The recent political problems after 75 MLAs and 12 MPs from Andhra Pradesh took over Congress in the course of a separate Telangana state also influenced the mood of the market.

Food inflation has fallen for seven consecutive weeks in the second week low of 7.61% in the week ended twenty-fifth of June from 7.78% last week.

NSE 50-share Nifty also moved by 33.45 points or 0.59%, to end at 5,660.65.

BSE Consumer Durable index rose by 4.15% and BSE Auto Index of 3.63%.

Shares Small-cap and mid-cap was also a keen demand. As a result, increased small-cap index 1.83% and mid-cap index hardened by 1.37%.

Major gainers from SENSEX pack were DLF (7.49 pc), Reliance Infra (7.56 pc), Tata Motors (5.91 pc), Bharti Airtel (3.82 pc), Maruti (3.56 pc), Bajaj Auto (2.56 pc), HDFC Bank (2.46 pc) and State Bank of India (2.38 pc).

But India's sterling fell to 3.94%, followed by BHEL (3.22 pc), ICICI Bank (3.17 pc), Jaipraksh Associates (1.97 pc), Jindal Steel (1.55 pc), Tata Power ( 1.28 pc) and Tata Steel (1.25 pc).

Total turnover of BSE and NSE was Rs 15,233.28 crore and Rs 54,892.40 crore compared to Rs 13,920.41 crore and Rs 60,295.15 crore in the past.

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Rupee Gains 10 Paise Against US dollar

Indian rupee rose for the fourth straight day on Monday, adding 10 Paisa to Rs 44.47 per dollar opened trading Interbank Currency Exchange, supported by the weak dollar against the euro and other currencies in Asia and the larger hole in the stock market.

12 Paisa rupee strengthened against the U.S. currency at the close of Rs 44.57/58 against the dollar on Friday in the middle ongoing sale of capital flows.

Forex dealers said the dollar weakness against the euro and other major Asian currencies, with the opening of the foreign equity market sentiment remained rupee against the U.S. dollar company.

At the same time step Bombay Stock Exchange SENSEX 172.84 points, or 0.92 percent, to 18,935.64 days the opening of trade.

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