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New York, Jan 8 - Major Wall Street stock indices have ended mostly higher amid gathering economic optimism.


A government report on Thursday showed that the pace of job losses continues to moderate.

Analysts from Morgan Stanley said that commercial real estate, widely feared as the other shoe to drop after the meltdown in the US residential property market, would not become a major impediment to economic growth.

Shares in the retail sector rose as major US chain stores raised forecasts or delivered earnings reports that beat expectations.

Mumbai, Oct 12 - A key Indian equities market index opened in the green Monday and within five minutes had moved up 85 points higher than its previous close.


The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,687.32 points and, five minutes into trade, was at 16,728.4 points, 85.74 points or 0.52 percent higher than its previous close at 16,642.66 points.


The S&P CNX Nifty of the National Stock Exchange (NSE) was also in the positive terrain at 4,963.35 points, up 0.37 percent from its last

New York - US stocks fell on Tuesday amid a drop in consumer confidence and concerns about unemployment, even as data showed housing prices soared in July by the most in four years.


Consumer confidence dropped fell to 53.1 points from a revised 54.5 in August, amid rising unemployment, the New York-based Conference Board said Tuesday.


Investors were also concerned about September unemployment figures that are due out Friday. The US unemployment rate jumped to 9.7 per cent in August, soaring to a 26-year-high, as employers slashed an additional 216,000 jobs.

The Nifty managed to close above the 5K mark as huge buying continued to see in pharma, IT and oil & gas stocks which kept the market momentum going. The Sensex closed up 160 points at 16,853 after trading in the narrow range of 16,907 - 16,802. The Nifty shut at 5,007 up 48 points or 0.97%. Among the broader indices, midcap and smallcap were also up 1% each. The breadth remained strong for the entire session but the market total turnover were lower at 65,365 cr. The Oct Nifty future ended with 10 points discount.

U. S. stocks declined as technology shares retreated from a one? year high and energy producers dropped as a stronger dollar dragged down oil, overshadowing the biggest gain in home prices in four years. Technology shares in the S&P 500 fell 0.7 percent after closing yesterday at the highest level since September 2008. The group is still the best? performing industry in 2009, having surged 45 percent. The S&P 500 Energy Index slumped 0.6 percent as the U. S. currency gained. Exxon, the biggest U. S. oil producer, lost 0.8 percent to $69.07.

Mumbai, Sep 30 : The benchmark index of the Bombay Stock Exchange (BSE) climbed above 17,000 points on Wednesday for the first time since May 2008.

The BSE index rose to more than one percent in its early trade as investors betted on strong quarterly earnings.


The market continued with its upward march taking cues from peers in Asia and on hopes of revival in global and domestic economy.


The BSE Sensex was at intra-day high of 17026.31, up 173.40 points or 1.02 per cent. The index touched an intraday low of 16868.46.

The Sensex continued to trade strongly and maintained 17,000 mark on account of constant buying witnessed in banking, metal and IT stocks.


Mirroring strong buying at side counters, BSE Midcap and Smallcap index surged 0.50% and 0.97% respectively.


The 30-share index, BSE Sensex opened with a gain of 15.55 points, at 16,868.46 on Wednesday.


At 12:59 p. m., the 30-share index Sensex, which belled the day after gaining 15.55 points at 16,868.46, stood at 17,034.40, up 181.49 points. It also hit a high of 17,053.98 and a low of 16,868.46.

Welspun-Gujarat Stahl Rohren, the flagship of Welspun Group, has raised $150 million (nearly Rs 720.2 crore) by way of foreign currency convertible bonds (FCCBs) issue.
The company will utilize the money to invest for capital expenditure, investments in growth opportunities and other usage in accordance with applicable statutory and/or regulatory requirements.


The company has priced FCCBs at $130 million with an option to raise an additional amount to the tune of $20 million if the issue is fully subscribed.