The BSE Sensex is up 41.53 points or 0.21% at 19715.86, and the Nifty up 18.60 points or 0.31% at 5985.65. Tata Communications has signed a five-year strategic voice sourcing agreement with Vonage Holdings Corp.
Indian shares gave up early morning gains after Japanâs Nikkei slipped into red. Nikkei was up close to 3 percent a while ago and a sharp sell-off pushed Japanese market in red. BSE Sensex too pared early gains of over 100 points and slipped into red tracking movement in Japanese shares
Metal stocks were gaining buyers' interest while pharma and autos are still under selling pressure.
Realty, power, capital goods, and banking were among the worst performers, while most pharmaceutical and FMCG shares benefitted from defensive buying.
The Sensex is down 387.91 points or 1.93% at 19674.33, and the Nifty down 127.45 points or 2.09% at 5967.05.
The market continued to reel under selling pressure as the Nifty was still below 6000. The Nifty lost 115.65 points to be at 5978.85 while the Sensex fell 354.63 to 19707.61.
The BSE Sensex was down 276 points to 19785.87, after touching a low of 19697 earlier in the session. The Nifty was down points 95 points to 6000.
Japan's stock market finished Thursday's session 7 percent lower. A perfect storm of factors including weak China data, Bernanke confusion, surging Japanese bond yields and a strengthening yen contributed to the moves, analysts said.
Sharp fall in rate sensitives dragged the BSE Sensex 355 points lower. The Indian rupee hit 56 per dollar level for the first time since September 2012, which depreciated 2 percent this week and over 4 percent this month.
BSE Sensex resumed its downward journey on Thursday tracking negative regional shares and weakness in Indian rupee.
The Indian rupee slipped further on Thursday hitting fresh six months low. The rupee opened at 55.84 per dollar versus 55.47 from its previous close.
Equity investors across the globe are keen waiting for US Federal Reserve chief Ben Bernankeâs speech to see if he will signal a reversal of the monetary easing policy.
The Sensex is down 94.62 points or 0.47% at 20016.99, and the Nifty down 35.60 points or 0.58% at 6078.50. About 834 shares have advanced, 1437 shares declined, and 136 shares are unchanged.
Equity benchmarks extended losses in late trade. Country's largest private sector lender ICICI Bank and software services exporter Infosys lose steam in afternoon trade.
BSE Sensex was consolidating in the afternoon trade. Selective buying was seen in FMCG, pharma, IT and capital goods stocks. Realty and oilgas stocks were under pressure. LT announces Q4 results lower than street estimates
State-owned power equipment major BHEL's quarterly as well as full year earnings were in-line with expectations, but analysts remain worried over lack of fresh orders and margins.
Taro's, a subsidiary of Sun Pharma, fourth quarter net profit grew by 4.2 percent year-on-year to USD 49.2 million and net sales rose by 13.8 percent Y-o-Y to USD 165.1 million during the quarter.
On May 23, 2013 Vakrangee Holdings Private Limited bought 25,40,000 shares of Vakrangee Software at Rs 73.80 on the BSE. In the previous trading session, the share closed at Rs 73.75, down Rs 0.20, or 0.27 percent.
On May 23, 2013 Tail Winds Limited sold 2,51,48,451 shares of Jet Airways at 570 on the BSE. In the previous trading session, the share closed at Rs 584.25, up Rs 4.50, or 0.78 percent.
State Bank of India (SBI) shares lost ground Thursday as Analysts on an average expect the bank to report a decline in net profit during the fourth quarter, for the first time since second quarter of FY12.
On May 22, 2013 HDFC Mutual Fund bought 43,15,566 shares of Praj Industries at Rs 37.75. In the previous trading session, the share closed at Rs 38.20, up Rs 1.05, or 2.83 percent.
Prestige Estates Projects' total income from operations jumped nearly three-fold Y-o-Y to Rs 559.72 crore during January-March quarter. Shares rallied more than 6 percent in early trade.
Institutional placement programme (IPP) issue of Bangalore-based real estate company Puravankara Projects has opened for subscription today and will close tomorrow.
According to Sudarshan Sukhani of s2analytics.com, CESC is worth taking trade in today's morning. The stock held its uptrend.
Shares of software services exporter Tech Mahindra jumped 7 percent in morning trade on Wednesday as fourth quarter results beat market expectations.
On May 21, HDFC Trustee Company sold 1,396,209 shares of NRB Bearings at Rs 37.
On May 21, Avatar India Opportunities Fund sold 21.75 lakh shares at Rs 14.40.
Adani Power closed with 12 percent gains after the company managed to revoke 22.33 crore pledged shares from the lender IDBI Trusteeship Services Ltd
IG Petrochemicals posted a net loss at Rs 20.4 crore during the quarter as against net profit at Rs 11 crore in a year ago period.
NHPC, wherein the government holds 86.36 percent stake, declined after reports of further dilution. In current financial year 2013-14, the government targets to raise Rs 40,000 crore through divestment.