Kochi Refineries counter sees large volume
Kolkata: The Kochi Refineries stock today recorded a huge volume and a decent price rise on the major bourses. According to dealers, some domestic mutual funds reportedly bought significant quantities of the stock.
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NIIT witnesses hectic activity
Mumbai: In an otherwise tense market, the NIIT counter held firm amidst huge volumes on the bourses. Brokers said the stock, which witnessed an intra-day high of Rs 131.70 on the bourses in early trade, would probably have hit the upper circuit on any ordinary day. Yet market opinion remained divided on the nature of interest at this counter. While a section of the market is convinced that funds have lost confidence in the counter given its past performance, there were those of the opinion that given the negative news that hit the market, speculators could not have been in buying mode at the counter. The stock ended the day at Rs 123.70, up 1.31 per cent on the BSE, with around 15.69 lakh shares traded. On the NSE, the stock closed at Rs 123.40, up around 1.06 per cent with around 41.26 lakh shares traded.
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Markets tremble, Sensex down 120 points
Mumbai: The two bomb blasts in Mumbai today rocked trading on the equities, currency and bond markets, sharply shearing gains made over the last few weeks. Bringing back memories of the 1993 serial blasts, players panicked as news of the first bomb blast opposite the Taj Hotel came in.

Trading, which opened strong, lost nerve with the Sensex seeing an intra-day movement of around 227 points. BSE 30 shares index, Sensex ended the day 120.49 points down (2.92 per cent) at 4,004.63 and the NSE's S&P CNX Nifty ended lower by 40.05 points (3.05 per cent) at 1,271.10.

The fall in the much broader indices such as BSE-100, BSE-200 and CNX Midcap 200 was much steeper indicating selling in mid-cap and small stocks. The combined turnover of BSE and NSE (cash and derivatives) crossed over Rs 17,700 crore.
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NSE to start F&O trading in 8 bank stocks
Mumbai: The National Stock Exchange on Monday said it would start futures and options trading in eight bank stocks. The F&O trading in these stocks would begin from August 29. The eight bank stocks are Andhra Bank, Bank of Baroda, Bank of India, HDFC Bank, Oriental Bank of Commerce, Punjab National Bank, Canara Bank and Union Bank of India. Currently, there are 41 individual stocks on which F&O trading is available on the NSE.
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