BSE India | NSE India | Sensex Today 20 % Upper Circuit | SGX Nifty
Posted by Parasshuram Shalgar on May 18th, 2009 in PanAsianBiz | No Comments
Today was a Golden Monday for the Indian Stock markets. The Indian Stock Market Trading was halted for the day as markets hit 20% upper circuit, after re-opening for trade.
As soon as the markets opened at 9:55 am, the markets were locked at 15% upper circuit and the Stock exchanges halted the trade for two hours.
The UPA’s (United Progressive Alliance) clean sweep win in the Indian Lok Sabha elections has cheered the markets and helped the benchmark indices to hit 20% upper circuit.
The 30-share Sensex closed 2099.21 points or 17.24% higher at 14272.63 and the Nifty surged 636.40 points or 17.33%, to settle at 4,308.05.
Total volumes traded on both exchanges were at Rs 3100 crore. This comprised of Rs 2800 crore from the NSE F&O segment, Rs Rs 300 crore from NSE & BSE cash segments. Only 207 stocks traded on the NSE and 842 stocks on the BSE.
The Nifty May Futures closed with 62 points premium as against 150 points discount before the 2nd circuit.
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