Volatile movement
Mumbai: Bears dominated the initial hours of Tuesday's trading. Later on, bulls made a strong come back and gained control of the day's proceedings. The sentiment reading of the tradable counters stands in favour of the bulls.
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BSE witnesses first-ever 2-way fungibility trade
Mumbai:
The long wait for two-way fungibility of shares is finally over with the country's first ever trade taking place today on the BSE in the shares of India Cements Ltd.
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Infosys gains on order talks
Mumbai: Software major Infosys Technologies gained for the second day in a row. On Tuesday, the stock gained 1.62 per cent at Rs 3,137.90 with volumes of 2.11 lakh shares on the BSE. On the NSE, the scrip closed at Rs 3,130.25.
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Smaller derivative lots suggested
Mumbai: The Madurai Investors' Association (MIA) has urged the Bombay Stock Exchange (BSE) to reduce the `market lot' size to Rs 50,000 for small investors, in the `derivative' segment.
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SEBI nixes firms of Nirmal Bang
Mumbai: The Securities and Exchange Board of India yesterday passed an order cancelling the registration of the stock broking firms of Nirmal Bang with immediate effect for alleged stock price manipulation in February-March 2001.
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Infotech stocks help in late recovery
Mumbai; After a weak opening, the stock market sentiment perked up a bit in the latter half of the day's trading. Recovering off their intra-day lows, both BSE Sensex and NSE Nifty closed on a positive note on Tuesday.
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Re sheds 7 paise; gilts rise
Mumbai: THE rupee closed lower at 48.71 against the dollar on Tuesday as compared to Monday's close of 48.64/65.
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