September 2013

Indian (SENSEX) stocks surged the most in Asia, led by the biggest rally in lenders since May 2009, after central bank Governor Raghuram Rajan outlined plans to bolster the financial industry and stabilize the rupee. HDFC Bank Ltd., (HDFCB) India’s largest lender by market value, surged 6.7 percent and paced the biggest rally in the Read More

The Indian stock markets are expected to open gap-up on Dalal Street as the global cues look supportive. SGX Nifty is trading 115.50 points higher. Events for the day: Gail, MMTC, Idea Cellular, Power Grid, NTPC and GMR Infra to quote Final Dividend Headlines for the day: TCS wins multi-year project Read More

Hopes of a strong rebound in Indian stock markets are likely to be nullified after US President Barack Obama clinched the backing of two key figures in Congress in his drive for limited U.S. strikes on Syria. Asian stocks also faltered on Wednesday, while oil and gold held on to overnight gained after the Read More

The Indian stock markets are expected to witness weak start on Dalal Street as the global cues look mixed. SGX Nifty is trading 16 points higher. Events for the day: HSBC/Markit Services PMI Headlines for the day: MTNL chalks out roadmap to become profitable by 2017-18 Spice bets on clean Read More

The Indian stock markets are expected to witness positive start on Dalal Street as the global cues look supportive. SGX Nifty is trading 13 points higher. Headlines for the day: Kingfisher seeks Rs1,477 crore damages for ‘defective engines’ HDFC launches financial literacy programme in Gujarat Religare buys Macquarie stake in wealth Read More

The Indian stock markets are expected to witness volatile start on Dalal Street as the global cues looked mixed. SGX Nifty is trading 10 points higher. Events for the day: HSBC/Markit Manufacturing PMI Headlines for the day: Mahindra & Mahindra August sales down 17.32% TVS Motor total sales in August Read More

Indian (SENSEX) stocks advanced for a fourth day as a decline in oil prices countered the nation’s slowest economic growth in four years. Lenders and consumers companies led the increase. ICICI Bank Ltd. (ICICIBC), the country’s second-biggest lender, rose the most in a week. Hindustan Unilever Ltd. (HUVR), India’s biggest household products maker, added 2.1 Read More