NATIONAL Sensex declines from record levels on profit selling The benchmark Sensex dropped from record high levels, losing over 106 points, on the Bombay Stock Exchange in first 90-minute of trading on emergence of selling by funds in heavyweight stocks.
Rupee weakens against US dollars in early trade The rupee today (May 9, 2006) weakened against the US currency on renewed dollar demand from state-run banks even as the outlook remained positive due to rising FII inflows and cooling crude oil prices.
Sensex hits new high of 12,544.61 pts in early trade The Bombay Stock Exchange (BSE) sensitive index (Sensex) today (May 9, 2006)maintained its record-breaking stride and rallied further by 82.14 points to hit yet another new high of 12,544.61 during the early trade on increased funds buying.
INTERNATIONAL Crude oil prices falls, as supply worries lessen Crude oil futures prices dropped below $70 a barrel today on rising US gasoline supplies and a letter from Iran's leader to President George W Bush proposing 'new solutions'' to escalating tensions.