NATIONAL Stock markets show some stability at mid session The stock markets today (May 23, 2006) showed some stability after the initial high volatility, ruling around 10,400 level during the mid session on emergence of buying support and reduced margin pressure.
SEBI meets mutual fund and stock exchange officials The Securities and Exchange Board of India (SEBI) today (May 23, 2006) discussed the market situation with heads of prominent mutual funds and officials of stock exchanges, a
day after panicky investors pushed the market to its largest intra-day fall.
Oil prices continue to rise on hurricane jitters Oil prices jumped above the 70 dollar level in Asian trade today (May 23, 2006) as experts forecast a potentially packed Atlantic hurricane season, dealers said.
Sensex drops by 296 pts after strong start in trade After a strong start, the Bombay Stock Exchange benchmark Sensex today (May 23,2006) fell sharply by 296 points to 10,185.48 points within five minutes of trading.
INTERNATIONAL Rupee steady against US dollar during early trade Rupee today (May 23,2006) held steady against the US currency in generally quiet but cautious early trade at the Interbank Foreign Exchange market with the outlook uncertain due to rising oil prices and a slowdown in foreign fund inflows.
