Stock Market Evening News –Sensex slumps 499 pts, Nifty ends at 8809

It was a difficult day for traders as bears rampaged the street with blood. Snapping 10-day of winning streak, the Nifty retreated from a kissing distance of 9000. The 50-share index ended first day of February F&O series at 8808.90, down 143.45 points or 1.6 percent.

The Sensex slumped 498.82 points or 1.7 percent at 29182.95. About 1258 shares have advanced, 1609 shares declined, and 246 shares were unchanged.

 Banks played spoilsport as Bank Nifty lost over 3 percent, dragged by ICICI Bank, SBI, HDFC twins and Axis Bank. Other losers in the Sensex were Dr Reddy's Labs and Coal India.

Tata Power remianed big gainer of the day (up 4 percent), while BHEL, NTPC, Sesa Sterlite and Wipro lead the Sensex. For 2 Days Free Trial, please visit our site at http://www.capitalheight.com/ or Call at 0731-

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Live Stock Trading Tips – Nifty races towards 9000, Sensex firm

It is a record high opening as the Nifty approaches 9000-mark on first day of February F&O series. The 50-share index is up 44.20 points at 8996.55. The Sensex is up 140.11 points at 29821.88, and the Nifty About 497 shares have advanced, 115 shares declined, and 151 shares are unchanged.

Coal India is down 4 percent as its offer-for-sale opens today. Bharti Airtel, HDFC, Tata Motors, SBI and Sesa Sterlite are top gainers in the Sensex.

The Indian rupee has opened at 61.79 per dollar, up 7 paise compared to previous day's closing value of 61.86 a dollar.

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Live Stock Market News Highlights

The session saw very high volatility in trades as at one point the Sensex and Nifty touched other all-time high levels. The 50-share Nifty for the first time touched 8,985 and the Sensex kissed 29,786.32.
 The broader markets also ended on a weak note. BSE mid-cap index closed weaker by 0.3 per cent and the small-cap index managed to close with marginal gains.
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Nifty ends above 8,800 on ECB stimulus

The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days).

Benchmark share indices scaled record highs for the fourth straight session, amid a rallly in global stocks, after the European Central Bank announced higher-than-expected monetary stimulus measures to boost the economy in the euro zone.

The 30-share Sensex ended up 273 points at 29,279 and the 50-share Nifty surged 74 points at 8,836. The Sensex and the Nifty touched an intra-day high of 29,409 and 8,866 mark, respectively.

About 1140 shares have advanced, 1803 shares declined, and 253 shares are unchanged on the BSE.

 Cipla, L&T, HDFC Bank, HUL, M&M and Sesa Sterlite gained 2-3 percent whereas PNB, GAIL, BHEL, HCL Technologies and ONGC were down 1-2.7 percent. We provide all services through SMS and Instant Messenger.

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Stock Market Opening News & Tips

The market gained more than a percent in early trade on Friday following stimulus package announced by European Central Bank yesterday evening. The 50-share NSE Nifty surpassed 8800 level for the first time, up 93.30 points to 8854.70 and the 30-share BSE Sensex rallied 364.49 points to 29370.51. However, the broader markets underperformed benchmarks as the BSE Midcap and Smallcap indices gained 0.5 percent each. Nearly three shares advanced for every share declining on the Bombay Stock Exchange.
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