Email of the day (4)
Comment of the Day

October 07 2010

Commentary by Eoin Treacy

Email of the day (4)

on when Indian indices are updated in the Chart Library.
"I think the SENSEX chart is not reflecting the correct closing price today!"

Eoin Treacy's view Thank you for raising this point which others may also be interested in. The Indian market closes at 11:30 UK time. We get downloads of data from Bloomberg at a number of intervals every day. The Sensex and Nifty indices are updated twice; at 10am which provides an intraday value and again following the 12:10pm download which gives a closing value. Since your email arrived 11:36 am, you were looking at the intraday value rather than the closing value which was available forty minutes later.

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