Major laggards in Sensex
included Sesa Sterlite, Hindalco, Tata Power, Axis Bank, SBI, M& M, Coal India and Wipro.
On Monday, the company slashed its March 2014 target for the Sensex
to 20,000 from 21,700, joining the ranks of foreign brokerages turning sceptical on the Indian stock market.
Recently co-branded in partnership with S&P Dow Jones Indices, the Sensex
is considered the most popular gauge of the Indian equity market and has high brand recall among investors.
Given that a large number of NRIs reside in the Middle East region, we are confident about the SENSEX
futures contract's potential to generate high interest and trade volumes in line with interest in other jurisdictions," Chauhan added.
closed at 20,039 on 18 January, while the National Stock Exchange Nifty closed at 6,064.
Sterlite Industries, Reliance Communications and Jaiprakash Associates were among the Sensex
According to estimates, the correlation between the Shanghai Composite Index and BSE Sensex
Mumbai -- The benchmark BSE Sensex
on Wednesday began the new fiscal year on a promising note by gaining more than 300 points to settle the day at 28,260.
Mumbai: The benchmark BSE Sensex
on Friday ended at 27,458.
MARKETS zoomed on the last trading day on Friday with the Sensex
scaling another 519.
In the early morning trade on Monday, December 16, the benchmark index of Indian stock markets or the Sensex
was trading flat at 1.
21 ( ANI ): The Sensex
and Nifty rose by 300 points in the opening session today on fresh buying by funds and retail investors