May 2014

Indian Indices: The key domestic benchmarks are likely to be open on positive note today tracking firm cues from other Asian peers and positive closing of Wall Street in overnight trading. SGX Nifty is trading 16.00 points higher. India’s NSE index closed at a record high on Thursday, recovering from falls in the Read More

Indian stock-index futures gained as benchmark gauges headed for a third weekly advance before the country’s new prime minister announces his cabinet next week. SGX CNX Nifty Index futures for May delivery rose 0.3 percent to 7,316 at 10:13 a.m. in Singapore. The underlying CNX Nifty Index added 0.3 percent to a record 7,276.40 yesterday, Read More

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Indian stock-index futures climbed after benchmark gauges retreated from record highs yesterday. SGX CNX Nifty Index futures for May delivery rose 0.4 percent to 7,309 at 10:13 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. fell 0.3 percent to 7,252.90 yesterday. The S&P BSE Sensex (SENSEX) declined Read More

Indian Indices: Markets are likely to open marginally higher but further gains may be capped on profit taking. SGX Nifty is trading 21.00 points higher. Indian shares edged higher to a fourth consecutive session of gains on Tuesday as domestic-oriented stocks such as Sesa Sterlite rose on continued hopes that the incoming government Read More

Indian Indices: The domestic bourses will most likely witness a positive opening today given the decidedly north course of movement the stocks are taking post Modi’s win. SGX Nifty is trading 33.00 points higher. Indian shares closed at a record high on Monday as investors switched to stocks focussed on the domestic sector, Read More

( – Nifty futures on the Singapore Exchange are trading higher, indicating a positive open for local markets despite mixed global cues. Having said that, traders may consider taking some profits off the table at higher levels ahead of the cabinet and government formation. BJP’s prime ministerial nominee Narendra Modi Read More

Lenders and metal makers led Indian shares to a record high, offsetting losses in software and health-care companies, as Narendra Modi’s election victory spurred stocks that benefit most from a stronger economy. State Bank of India jumped 4.4 percent, sending a gauge of lenders to a record. Sesa Sterlite Ltd. (SSLT) headed for its highest Read More