Most Indian stocks rose after the nation’s central bank cut the liquidity ratio requirement for banks and left interest rates unchanged for a second straight meeting as retail inflation quickened. State Bank of India climbed for a second day. Tata Steel Ltd. (TATA) and Steel Authority of India Ltd. rose at least 2 percent after Read More
June 2014
Indian Indices: The Indian markets after a bumper rise in yesterday’s trade are likely to witness a positive opening. SGX Nifty that is trading 24.50 points higher. The markets will see high trading activity as the investors get ready to digest the RBI’s decision on the monetary policy of the country, which is Read More
India’s benchmark stock-index rose the most in three weeks, led by industrials and banks, after a gauge of manufacturing output expanded for a seventh month. Engineering company Larsen & Toubro Ltd. (LT) increased to a record after its fourth-quarter profit beat estimates. State Bank of India jumped 3.7 percent, helping an index of lenders climb Read More
Indian Indices: Key Indices are likely to see a mildly higher opening as the week awaits fresh triggers from the Modi-led government. SGX Nifty that is trading 1.00 points lower. Events: HSBC India Manufacturing PMI. Moreover, the market looks susceptible to consolidation ahead of the monetary policy review due tomorrow. The Read More