Monday, September 8, 2008

Mumbai Stock Markets –Selected news extracts

Today, there were all round gains in the Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed at 14,945, up by 461 points. Nifty 50 closed at 4482.3 up by 130 points. In bullion market, gold is being quoted at Rs.11,672/10gm and silver is quoted at Rs.19,542/kg. Nymex crude was trading at around 107 US dollar a barrel and the US dollar was at Rs.44.7.

Mamta calls off Singur stir. Tatas are not impressed. The project is likely to be shelved. Nano might not come out of the Singur plant.

Yamaha is all set to launch at least two models in India.

Now that Nuke deal is through the NSG. The US Congress is likely to clear it by December. Industries started counting the likely projects coming their way.

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