Heard on Street : Promotores of Reliance Industries Ltd., India’s biggest private conglomorate are acquiring stake from market in HPCL i.e. Hindustan Petroleum Corporation Limited , one of the three PSU undetaking of Govt. of India. Persons related to this information says that this is due to Exit POlls showing a huge win for Mr. Read More
May 2014
Indian stock-index futures gained before monthly inflation data today and the results of national elections due tomorrow. SGX CNX Nifty Index futures for May delivery rose 0.3 percent to 7,153.5 at 9:51 a.m. in Singapore. The underlying CNX Nifty Index was unchanged at a record 7,108.75 yesterday. The S&P BSE Sensex (SENSEX) fell 0.2 percent. Read More
Indian stock-index futures gained after benchmark indexes advanced to records as exit polls signaled an opposition victory in national elections. SGX CNX Nifty Index futures for May delivery rose 0.3 percent to 7,158 at 10:05 a.m. in Singapore. The underlying CNX Nifty Index increased 1.4 percent to a record 7,108.75 yesterday. The S&P BSE Sensex Read More
Indian Indices: The key domestic benchmarks are tipped to open on a positive note and could hit yet another lifetime high today as a wave of optimism sweeps past Dalal Street as the exit polls showed that the BJP led NDA will win the general elections and come into power. SGX Nifty is Read More
Bulls continued to dominate the market for the second consecutive trading day on Monday, with the indices gaining a new record high from where it ended on Friday. The BSE Sensex was up 2.42%, or 556.77 points, at its close of 23,551, while the NSE Nifty ended 2.27% higher, or 155.45 points at 7,014.25. On Read More
The key domestic benchmarks are likely to open on a bullish note. SGX Nifty is trading 88.50 points higher. Indian shares surged to their second consecutive record high on Monday as blue-chips such as Larsen & Toubro jumped on rising hopes that exit polls would show the Bharatiya Janata Party and its allies winning Read More
Indian stock-index futures advanced and rupee forwards strengthened after exit polls showed the main opposition alliance led by Narendra Modi probably won the most seats in national parliamentary elections. SGX CNX Nifty (NIFTY) Index futures expiring this month increased 1.2 percent to 7,124 at 9:10 a.m. in Singapore, while one-month non-deliverable forwards on the rupee Read More
Indian Indices: The key domestic benchmarks are tipped to witness a subdued opening today tracking a mixed trend in fellow Asian stocks. SGX Nifty is trading 28.50 points higher. Indian shares hit a record high on Friday, posting their biggest daily gains since September on hopes the opposition Bharatiya Janata Party would win Read More
Indian stock-index futures advanced, signaling the benchmark equity gauges will extend gains from all-time highs, before exit-poll results that may provide clues to the outcome of national elections. SGX CNX Nifty Index futures for May delivery climbed 0.4 percent to 6,920.5 at 10:44 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Read More
Indian stocks rallied, with the benchmark index rising to a record, on speculation election results next week may show a victory by the main opposition party. Option prices climbed to the highest level since 2009. ICICI Bank Ltd. (ICICIBC) advanced to six-year high, sending an index of lenders to a record. Maruti Suzuki India Ltd. Read More