Sunday, April 12, 2009

Bombay Stock Exchange


Market Indicators

SENSEX: point 8,509.56 pt 191.51 -2.20%
MIDCAP: point 2,966.23 pt 129.45 -4.18%
SMLCAP: point 3,478.84 pt 182.99 -5.00%
BSE-500: point 3,162.35 pt 95.44 -2.93%

LATEST NEWS: Indian stock crashes
MUMBAI: Indian shares fell ten percent on Monday afternoon to below the psychological 8,000-point level, as overseas funds and individuals sold heavily on fears of a worldwide recession, dealers said. The benchmark 30-share Sensex fell 933.86 points or 10.73 percent to 7,767.21 intra-day Monday, its lowest level since November 2, 2005.The markets have fallen more than 20 percent in just two trading days as overseas funds are pulling out their money from emerging markets like India to move to safer havens

The Indian Stock Markets are at a new historic high as the Bombay Stock Exchange (BSE) monitored Bombay sensitive index, the Sensex breached the 7500 mark for the first time on July 25 2005 in its 130-year history. And is making new highs everyday.

The BSE Sensex and National Stock exchange (NSE) Nifty are the main Indian stock market indices. Stockbrokers say the stock market boom in the Indian stocks is being spurred by foreign institutional investors (FII) who are investing more money into indian stocks. India has become a good market for investors due to strong economic growth, growing exports and stock market reforms.

Many large blue chip companies are actively traded on the national and international stock exchanges like Reliance Industries, Infosys, Wipro, Satyam, Tata Steel etc.

A saying goes when your local street vendor knows that the stock market is booming, its time to sell stocks and exit with all the profit and money you made, since a stock market correction will occur soon. Any good stock tips to make more money in stocks, securities and derivatives (futures / options)?

The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. It is also the biggest stock exchange in the world in terms of listed companies with 4,800 listed companies as of August 2007.[1] It is located at Dalal Street, Mumbai, India. On 31 December 2007, the equity market capitalization of the companies listed on the BSE was US$ 1.79 trillion, making it the largest stock exchange in South Asia and the tenth largest in the world.[2]

The Bombay Stock Exchange was established in 1875. Around 4,800 Indian companies list on the stock exchange,[3] and it has a significant trading volume. The BSE SENSEX (sensitive index), also called the "BSE 30", is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading in shares in India.

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