During today’s trade, stocks in the Asian markets were observed experiencing a downfall. On the other hand, in a statement, the Central bank notified that equity markets have experienced some relief after a frightening slump.

According to reports, on Wednesday, adding to the financial concern linked with the global economy weakness, the BSE Sensex with a 0.1% loss, made a terrible opening.

However, the reports further claimed that just because of these terrible losses, 26 of its components have already reached the red area and 30 of its shares also fell by 0.45%.

Today, the benchmark at Bombay Stock Exchange has gained 80 points whereas the Foreign Institutional Investors (FIIs) were observed to bought shares worth nearly Rs 2,953 crore in three sessions since June 23, notified the analysts.

SKS Microfinance has announced a net loss of Rs 70 crore for the period ended on March 31 because of annulment of processes in many parts of Andhra Pradesh.

For the fiscal 2010-11, the net profit of the country's first listed public company in the microfinance sector dropped 36% to Rs 111.63 crore as against Rs 173.95 crore during the previous year.

Benchmarks were seeing a relief rally after a spiky correction as investors purchased scrips across the board at attractive levels.

Banking, automobile and capital goods headed the sectoral gainers pack whereas metals and FMCG sectors remained inhibited.

Hitting new lows post 1300 hrs, Indian bourses were still under strong pressure owing to heavy selling action in rate-sensitive segment.

The Sensex dropped 321 points to 18,677, whereas the Nifty declined 96 points to trade at 5,606.

Rate-sensitive scrips remained under heavy pressure after the central bank announced a 50 basis point increase in repo, reverse repo.

The BSE Sensex declined more than 270 points during the post-noon session on Tuesday because of profit booking by funds as well as retail investors in FMCG, capital goods, automobile and banking scrips amid a feeble trend in the Asian markets.

The Sensex witnessed heavy selling action from operators prior to the termination of near-month April 2011 derivatives contract on April 28.

The Bombay Stock Exchange benchmark Sensex lost more than 170 points during the early trade owing to uncontrolled selling action in IT, teck oil & gas and power scrips amid a feeble movement in the Asian bourses.

At 11.05 a. m., the 30-share index Sensex remained down by 175.15 points to trade at 19,521.71.

At the same time, the Nifty slipped 48 points to trade at 5,863.50.

Taking a signal from worldwide markets, which gained owing to declining crude oil rates, the 30-share index BSE Sensex made recovery of 434 points (2.3%) on Wednesday to mark its closure at 19,696.9.

The increase was accompanied by a loss during the five successive trading sessions.

As predicted, the key Indian stock indices fell into the negative terrain during mid-morning trade after an optimistic beginning as capitalists booked some profits prior to this month's business earnings.

Also, fears over inflationary figures and its fallout on monetary plan have not departed. Even central banking institutions in the US as well as Europe are now mulling over an exit from stimulus.