Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Business Today
Stock Markets

The Securities and Exchange Board of India has now allowed the bourses to introduce the European style of trading stock options.

 
 
The 30-share barometer Sensex ended lower by 32.92 points to 19,982.88 points in a range bound trade. The benchmark had lost 44 points on Wednesday.
The 30-share index shot up 171.44 points to 20,060.32, a level last seen on November 15, as firms such as JSW Steel and Lanco Infratech, announced expansion plans.
The 30-share Bombay Stock Exchange benchmark, before closing with a gain of 24.03 points to 19,888.88, had regained 20,000-level after almost a month.
Sensex recovered by 356 points this week to end at 19,864.85, following rise in IT and metal counters on the back of easy liquidity measures announced by RBI.
The 30-share Bombay Stock Exchange index, after falling nearly one per cent during the day, bounced back to close with a gain of 182.89 points at 19,691.78.
 
 
The 30-share index, which had gained 410 points in last three sessions, closed lower by 44.52 at 20,015.80 points, led by fall in market leader Reliance Industries.

The Year 2010 witnessed a new record - more than Rs 70,000 crore was raised through public offers during the year.

The recovery prospects of US economy in 2011, however, is expected to help Indian IT companies, to which many American firms outsource their IT work.
All-round selling pressure on the back of capital outflows from foreign funds pulled down the BSE benchmark Sensex by 458 points.
Advertisement