Monday, September 1, 2008

Mumbai Stock Markets –Selected extracts

Today, there were marginal losses in the scripts in the Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed at 14,498.5 down by 66 points. Nifty 50 closed at 4348.6, down by 11.3 points. In bullion market, gold is being quoted at Rs.11,882/10gm and silver was quoted at Rs.20,187/kg. Crude declines. Nymex crude is at 114 US dollar a barrel and the US dollar was at Rs.44.1.

Singur (West Bengal) agitation continues. The dead-lock will hit investment, GDP warns IT icon N.R. Narayan Murthy.

Manipal Press, promoted by the Pai family, is all set to enter the telecom business.

India moots collaborative oil exploration with China. Indian Petroleum Minister suggests “no compete” agreement with China and also joint acquisition of global assets.

India is world’s third biggest CO2 emitter, after China and USA. The state-owned National Thermal Power Corporation (NTPC) tops the list in India.

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