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SENSEXSensitive Index (Bombay Stock Exchange)
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Mumbai: Stock exchange major BSE on Monday said it will waive transaction charges applicable on equity segment trades on S&P BSE Sensex 30 stocks with effect from March 12.
Extending gains for the fifth consecutive session, the key Indian equity indices yesterday rode the bulls and escalated to record highs with the BSE Sensex closing above the 36,000-mark and the NSE Nifty50 above the 11,000-mark for the first time.
The BSE 30- share Sensex surged 287 points to end at a three- week high of 29,943.
Increased trading activity on the DGCX SENSEX Futures contract was partly driven by the record-breaking highs the 30-share index experienced on the BSE in late April.
Japan-based brokerage Nomura Inc has announced that it has cut the Sensex target in India.
The DGCX Sensex Futures is a futures contract based on the S&P BSE Sensex, the blue-chip stock index of India's leading bourse, the Bombay Stock Exchange (BSE).
The Dubai Gold and Commodities Exchange (DGCX) today (3 July) has announced the launch of SENSEX Futures, the first ever Indian equity index futures contract to be listed on an exchange in the Middle East and North Africa (MENA) region.
The Sensex can touch 22,000 and the Nifty 6,300 by the end of 2013.
The Bombay Stock Exchange Sensitive Index, or Sensex, lost 213.
However, the markets managed to recover nearly half of the losses and some buying at lower levels in afternoon trade helped the sensex close 387.
Through 2009, the Sensex surged more than 70%, in a rise that took many investors by surprise.
The Sensex traded higher as Reserve Bank of India (RBI) hiked policy rates in order to tame inflationary expectations.