August 2013

Bank Nifty hits 52-week low as rupee touches new low Union Bank of India, Corporation Bank, Oriental Bank, Karnataka Bank, Uco Bank, Canara Bank and YES Bank are down 5-7% on NSE.

Indian (SENSEX) stock-index futures gained, signaling benchmark indexes may snap the longest losing streak in four months. SGX CNX Nifty Index futures for August delivery rose 0.6 percent to 5,797 at 9:41 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index fell 0.3 percent to 5,727.85 yesterday. The S&P BSE Sensex declined 0.2 percent, its Read More

Indian stock-index futures gained, signaling the nation’s benchmark indexes may rally after a six-day losing streak. SGX CNX Nifty Index futures for August delivery rose 0.3 percent to 5,792.5 at 10:32 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index fell 0.2 percent to 5,742 yesterday. The S&P BSE Sensex fell less than 0.1 percent, Read More