December 2013

Indian (SENSEX) stock-index futures dropped before the release of wholesale-price inflation data. SGX CNX Nifty Index futures for December delivery fell 0.1 percent to 6,188.0 at 10:11 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the National Stock Exchange of India Ltd. sank 1.1 percent to 6,168.40 on Dec. 13. The S&P BSE Read More

Indian (SENSEX) stock-index futures dropped after data showed the nation’s consumer-price inflation topped estimates, adding pressure on central bank Governor Raghuram Rajan to raise interest rates again next week. SGX CNX Nifty Index futures for December delivery fell 0.7 percent to 6,211.0 at 9:50 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the Read More

Indian Indices: The Asian cues look weak today and may drag the Indian markets in the opening trade. SGX Nifty is trading 37.50 points lower which may also weigh on the sentiments. On Wednesday (December 11, 2013) S&P BSE Sensex shed 83.85 points to close at 21171.41 while Nifty slipped 24.95 points to Read More

Indian stocks retreated for the third day before the release of consumer inflation and factory production data today. Tata Motors Ltd. (TTMT), owner of Jaguar Land Rover, fell to a four-week low. Bharti Airtel Ltd. (BHARTI), India’s largest mobile-phone operator, slid 1.7 percent. Engineering company Larsen & Toubro Ltd. (LT) had its steepest three-day slide Read More

Headlines for the day: ONGC to appeal in Supreme Court against Gujarat HC order Coal India to get Rs2,119 cr extra on coal price revision Power Grid FPO price set at Rs90/shr, govt to get Rs1,600 cr GE Shipping places order for 3 vessels Indian Indices: The Indian stock markets Read More

India’s benchmark stock index fell for the second day, led by industrial companies and lenders. Coal India Ltd. (COAL) lost 2 percent after an Indian antitrust body imposed a 17.7-billion rupee ($ 288 million) penalty on the world’s biggest producer of the fuel. Turbine producer Bharat Heavy Electricals Ltd. headed for the biggest two-day decline Read More

(RTTNews.com) – The Nifty futures are trading higher, pointing to a positive start on Tuesday despite mixed Asian cues. Price momentum would be largely driven by capital inflows after provisional data showed foreign institutional investors bought shares worth a net Rs. 2,473.17 crore yesterday. The BSE Sensex rose 1.6 Read More

Indian stock-index futures advanced and rupee forwards strengthened after the benchmark gauge surged to a record yesterday. SGX CNX Nifty (NIFTY) Index futures for December delivery climbed 0.4 percent to 6,419.0 at 9.40 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. soared 1.7 percent to 6,363.90 yesterday, Read More

India’s (SENSEX) benchmark stock index surged to a record and the rupee climbed to a four-month high after the nation’s main opposition party won the state polls. The S&P BSE Sensex jumped 1.6 percent to 21,326.42 at the 3:30 p.m. close in Mumbai and the currency touched 60.8475 per dollar, the strongest level since Aug. Read More

Exuberance seems to have set in for Indian equities if one looks at the SGX Nifty, where foreign institutional investors take positions. As the Bharatiya Janata Party scored handsome wins in this round of Assembly elections, the SGX Nifty touched 6,500 points, a gain of 2.85 per cent over the previous day’s close. Foriegn institutional Read More