4:14 PM 11/12/2008
Just in: IIP results shot the Sensex up but hours after, Sensex has nosedived again. At 2:13 pm, the Sensex is down 369 points and slipped below 9500 marks and is quoted at 9,469, and the Nifty went down 125 points at 2,822.
2:29 PM 11/12/2008
Just in: As the Index Industrial Position (IIP) results for September was declared at 4.8 per cent, the Sensex recovered and were trading in Green. IIP index in August was 1.4 per cent in August. Capital Goods growth has come in at 19 pc.
12:26 PM 11/12/2008
Mumbai, Nov 12: Sensex on Tuesday, Nov 12 opened with negative attitude from Global markets. While Sensex lost 143 points and was quoted at 9,695, National Stock Exchange benchmark Nifty fell 50 points to 2,888. All sectors are reported down. Adian markets too are trading low. US markets are trading lower from past 2 days after a positive growth on onday, Nov 11.
Asian shares fell for the second straight day today and oil prices slipped back near a 20-month low as poor corporate earnings highlighted the damage from the global economic slowdown on companies and consumers.
Key benchmark indices in China, Japan, Taiwan, Hong Kong, Singapore, and South Korea were down by between 0.35 pc and 1.39 pc.
Among the 30-member Sensex pack, 24 declined while the rest gained.
The heavyweights drifted lower. Among them were DLF (down by 5.66 pc) to Rs 252.50, Reliance Industries (down by 2.66 pc) to Rs 1174.85, ICICI Bank (down by 3.25 pc) to Rs 420.05, ONGC (down by 3 pc) to Rs 713, Hindalco (down by 2.67 pc) to Rs 58.40 and Maruti Suzuki India (down by 2.51 pc) to Rs 557.70.
However, some key heavyweights jumped up on renewed buying demand. They included Wipro (up by 1.33 pc) to Rs 251.50, Tata Consultancy Services (up by 1.67 pc) to Rs 534.20, Tata Power (up by 4.98 pc) to Rs 790.05, HDFC (up by 1.72 pc) to Rs 1,685, Bharti Airtel (up by 1.18 pc) to Rs 666 and Bhel (up by 1.45 pc) to Rs 1,386.50.
10:20 AM 11/12/2008