RxPG News XML Feed for RxPG News   Add RxPG News Headlines to My Yahoo!  

Medical Research Health Special Topics World
 Latest Research 
 Clinical Trials
 Infectious Diseases
 Public Health
 Alternative Medicine
 Sports Medicine
 Medical News 
 Awards & Prizes
 Special Topics 
 Odd Medical News
  India Business
  India Culture
  India Diaspora
  India Education
  India Entertainment
  India Features
  India Lifestyle
  India Politics
  India Sci-Tech
  India Sports
  India Travel
 Reservation Issue
 Overseas Indian Doctor

Last Updated: May 17, 2007 - 8:46:52 AM
News Report
India Diaspora Channel

subscribe to India Diaspora newsletter
India Diaspora

   EMAIL   |   PRINT
Indian shares rise on firming Asian markets
Mar 12, 2007 - 6:44:07 PM
Cement stocks had tumbled on Friday after Commerce Minister Kamal Nath said manufacturers had agreed not to raise prices for a year.

Article options
 Email to a Friend
 Printer friendly version
 India Diaspora channel RSS
 More India Diaspora news
[RxPG] Mumbai, March 12 - Indian shares rose 0.14 percent Monday following firming up of Asian markets, buoyed by gains made by blue chip shares after recovering ground over the weekend.

The 30-share benchmark index of the Bombay Stock Exchange, Sensex, gained 17.64 points or 0.14 percent at 12,902.63 marks.

The Sensex, which fell to a five-month low on March 5 amid a global meltdown, has recovered some ground but is still almost 12 percent off its record high of 14,723.88 hit on Feb 9.

Similarly, the broader 50-issue National Stock Exchange - index, Nifty, was up 0.67 percent or 25.55 points at 3,743.00.

Market analysts, however, cautioned of further corrections, before the upside is capped. 'The Sensex could get close to the 13,100-13,300 level once again before resuming its downslide,' an analyst told IANS Monday.

Leading the gainers were telecom service provider Bharti Airtel Ltd, up 2.61 percent at Rs.769.75, followed by top software exporter TCS Ltd, up 2.15 percent at Rs.1,238.30 and leading engineering and construction firm Larsen and Toubro Ltd, up 1.89 percent at Rs.1,509.65.

State-owned oil and natural gas producer ONGC Corp Ltd, India's third largest software exporter Wipro Ltd, state-owned carmaker Maruti Udyog and leading private sector bank ICICI Bank were among others whose shares were in the green.

Cement stocks were among the major losers of the day, with top cement maker Gujarat Ambuja Cements leading the major losers, down 4.32 percent at Rs.105.20, followed by ACC, down 4.26 percent at Rs.747.60, and tobacco major ITC, down 3.47 percent at Rs.149.00.

Cement stocks had tumbled on Friday after Commerce Minister Kamal Nath said manufacturers had agreed not to raise prices for a year.

Sensex heavyweight Infosys Technology, cement maker Grasim Industries, Reliance Energy, Reliance Communication, leading public sector lender State Bank of India and pharmaceutical firm Ranbaxy Laboratories' stocks were in the red.

Related India Diaspora News
NRIs can gift cars online, no extra charge for blessings!
Jalandhar man to make history in Britain
On an Indian medical genius, now almost forgotten
IIT alumnus takes software to battlefront and beyond
Crisis group set up to deal with Uganda-like situation
Air crash: Ministry in touch with Indian mission in Nairobi
India, UAE to discuss welfare of Indian workers
Discussing gender, sexuality through a film festival
Indian American boy gets liver, kidney in rare surgery
NRI boy gets liver, kidney in rare surgery

Subscribe to India Diaspora Newsletter
E-mail Address:

For any corrections of factual information, to contact the editors or to send any medical news or health news press releases, use feedback form

Top of Page

© All rights reserved 2004 onwards by RxPG Medical Solutions Private Limited
Contact Us