Tag : BSESENSEX

Mumbai: Markets had a tough week and failed to cross important resistances. They faltered at the very first level on the opening day of the week itself. The rest of the week was spent in trying to regain lost ground. BSESENSEX lost 298.22 points or 0.48 per cent to close at 61,729.68 points while NIFTY lost 111.40 points or 0.61 per cent to close at 18,203.40 points. The markets saw the broader indices like the BSE100, BSE200 and BSE500 lose 0.59 per cent, 0.58 per cent and 0.48 per cent respectively. BSEMIDCAP lost 0.19 per cent while BSESMALLCAP gained 0.44 per cent. Markets lost on three of the five trading sessions and gained on two sessions. The Indian Rupee was under pressure and lost 50 paisa or 0.61 per cent to close at Rs 82.66 to the US Dollar. Dow Jones had a quiet week and gained on three of the five trading sessions. Dow gained 126.01 points or 0.38 per cent to close at 33,426.53 points. While the debt limit resolution will eventually happen, as of now it continues to remain in a state of flux and is causing markets to remain confused. The primary and fresh issue of units from Nexus Select Trust which is a consumption based real estate offering listed on the bourses on Friday. Units which were issued at Rs 100, debuted on the bourses at a discovered price of Rs 102.27 on BSE and Rs 103 on the NSE. They closed day one at Rs 104.26 on BSE and Rs 104.29 on NSE. Gains made were 4.26 per cent on BSE and 4.29 per cent on NSE. The largest Public Sector bank SBI, reported excellent numbers for the quarter ended March 23 and also its annual results for the year ended March 23. The company reported a net profit of Rs 18,093 crore for the quarter ended March 23 against Rs 15,477 crore in the previous year. For the year ended Marc ...