(Rs. 1 Lac
(Rs. 2 Lac
2.50 to 3 (Seller)
15 to 16 (Buyer)
325 to 330
3600 to 3700
Tuesday, February 21, 2012
It was second straight day gain for markets, with the Sensex closing 139 points up and the Nifty up by 43 points
Headlines for the day
Kingfisher Airlines tumbles on flight cancellations
RIL rises on likely petrochemicals JV announcement
BHEL surges as cabinet plans to approve 19% import duty
ONGC rises as foreign investors may buy 5% stake
Jan consumer price inflation at 7.65%
Multi Commodity Exchange of India (MCX) started its operations in November 2003 as an online commodity futures exchange. It provides nationwide online trading, clearing and settlement operations of commodities future transactions. The transaction fees paid by members for execution of trades are the primary source of income for MCX.
As on December 2011, the company offered trading in 49 commodity futures, based on contract specifications from a diverse range of classes including bullion, ferrous and non ferrous metals, energy and agriculture. As on December 2011, MCX had 2,153 members on exchange platform with over 2,96,000 terminals spread over 1,572 cities and towns in India.
Key benchmark indices edged higher for the second straight day as index heavyweight Reliance Industries (RIL) jumped nearly 3% on buzz of a likely petrochemicals joint venture announcement by the company at a news conference later today, 21 February 2012. The barometer index, BSE Sensex, attained its highest closing level in almost 30 weeks. The 50-unit S&P CNX Nifty scaled its highest closing level in more than 30 weeks. Data showing sustained buying of Indian stocks by foreign funds underpinned sentiment. The Sensex advanced 139.26 points or 0.76%, off about 40 points from the day's high and up about 135 points from the day's low. The market breadth was positive. BSE Small-Cap and Mid-Cap indices outperformed the Sensex.
Data showing sustained buying of Indian stocks by foreign funds underpinned sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 536.49 crore on Friday, 17 February 2012, as per provisional data from the stock exchanges. FIIs have bought shares worth a net Rs 12149.25 crore in this month so far (17 February 2012), as per provisional data from the stock exchanges. The inflow this month comes on the top of heavy purchases last month. FIIs bought shares worth a net Rs 10357.70 crore in January 2012, as per data from Securities & Exchange Board of India (Sebi).