GulfBase Live Support
03/06/2012 06:35 AST
The markets were relatively calm for most part of the trading week, even as they traded with a downward bias before eventually logging significant losses on Friday. The Sensex touched a high of 16,544 in the first half of the week, thereafter, the BSE benchmark index tumbled to a low of 15,933.
The Sensex finally ended below the 16,000-mark, down 253 points at 15,965, for the first time since January 7 on a weekly basis.
Among the index stocks, Tata Motors slumped nearly 17 per cent to Rs 225. Jindal Steel and Power, Sterlite Industries India, Larsen and Toubro, Oil and Natural Gas Corp (ONGC), ICICI Bank and Maurti Suzuki India shed four-six per cent each. On the other hand, Hindalco Industries rallied over four per cent to Rs 116. Tata Power, Coal India and Wipro were the other prominent gainers.
As per the monthly Fibonacci charts, the Sensex has near support of around 15,850 level, below which the index can slide to 15,600 and 15,200-odd levels. On the other hand, on the upside, the index can scale to 16,850-17,225.
For more on this Click Here
Business Standard
Ticker | Price | Volume |
---|
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
DAX | 18,699.40 | 181.01 (0.97 |
S&P 500 | 5,626.02 | 30.26 (0.54 |
12/07/2025
President Donald Trump announced a 50-percent tariff Wednesday targeting Brazil as he blasted the trial of the country's ex-leader, and said a US "national security" levy on copper would begin in Aug
Kuwait Times
11/07/2025
Wall Street stocks edged higher Thursday, lifting major indices to records as traders shrugged off worries about US tariffs while strong Delta earnings sent airline shares upward.
The Nasdaq
AFP
11/07/2025
Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange, has launched Sharia Earn in the UAE, the first multi-token staking service that meets the principles of Is
Khaleej Times
10/07/2025
The size of China's economy will exceed 140 trillion yuan ($19.5 trillion) this year, the head of the state planner said as policymakers look to steer the country beyond the current five-year policy
Kuwait Times
10/07/2025
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could fall as soon as this month, with most policymakers remaining worried to some degree about
Reuters