India's Portal
Briefing
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Country Briefings provides carefully
researched aggregated information covering the economy, stock market,
politics and corporate affairs.
These extracts are from the Stockmarket Report section of
India's Briefings.
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Extract from the Briefing covering the period 23/03/2004-18/05/2005
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| Growth Rate of 6.9% Achieved Despite Setbacks
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| The stock markets bounced back in the first half of May, following a dismal April. The Bombay Stock Exchange Sensex index closed on 18 May at 6447. Domestic mutual funds were strong buyers, reflecting...
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Extract from the Briefing covering the period 10/02/2005-22/03/2005
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| Budget Gives Boost to Rural Poor
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| The Bombay Stock Exchange (BSE) Sensex index reached an all-time high of 6,954.87 on intra-day trading on the 9th of March. The market witnessed a sharp surge in activity following the budget on 28 Fe...
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Extract from the Briefing covering the period 09/12/2004-09/02/2005
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| Manufacturing Drives Economic Growth
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| Early-February saw a strong return of foreign institutional investors to the markets, buoyed by the announcement that the ceiling for foreign investment in the telecoms sector is to be raised from 49%...
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Extract from the Briefing covering the period 22/10/2004-08/12/2004
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| Foreign Investors Pour Into India
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| The Bombay Stock Exchange (BSE) Sensex Index reached a new high of 6,386.29 in intra day trades on 6 December, helped by the appetite for Indian stocks shown by foreign institutional investors (FIIs)....
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Extract from the Briefing covering the period 09/09/2004-21/10/2004
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| High Oil Prices Could Scupper Growth Plans
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| The Bombay Stock Exchange Sensex Index ended at 5641.06 on 21 October, down from an intra day high of 5803.82 on 8 October, its highest level for five months, as investors booked profits on blue chip ...
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Extract from the Briefing covering the period 29/07/2004-08/09/2004
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| Revival of Monsoon Rains Puts Economy Back on Track
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| The Bombay Stock Exchange (BSE) closed on 8 September 2004 at a 4-month high of 5264.67, helped by the easing of international oil prices, and a strong economic outlook for industry. The market was al...
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Extract from the Briefing covering the period 21/06/2004-28/07/2004
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| Government Delivers Measured Budget
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| The Bombay Stock Exchange (BSE) continued to gain ground in July, as the new government's budget proved to be less populist than investors had first feared. However, the market suffered a setback ...
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Extract from the Briefing covering the period 07/05/2004-20/06/2004
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| Congress Party Win Throws Market into Turmoil
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| The stock market remained in subdued mood in the first half of June, with uncertainties over the impact of the new government's proposed economic policies keeping investors on the sidelines. Tradi...
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