June 2013

India’s (SENSEX) benchmark stock index rose to a one-week high on speculation the central bank will resume lowering borrowing costs after holding interest rates today. Automakers led the gains. The S&P BSE Sensex jumped 0.8 percent to 19,325.87 at the close in Mumbai. Volume on the gauge was 15 percent below the 30-day average. Tractor Read More

Indian (SENSEX) stock-index futures dropped, signaling benchmark indexes may extend yesterday’s slump to a seven-week low. SGX CNX Nifty Index futures for June delivery fell 0.6 percent to 5,757.5 at 9:54 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index dropped 1.5 percent to 5,788.80 yesterday, the lowest close since April 18. The S&P BSE Read More