Open interest on the Nifty futures in the Singapore Exchange (SGX) has surged. These have risen to more than double the total OI in the domestic Nifty futures markets, traded on the National Stock Exchange (NSE). The Nifty is the NSE’s benchmark index. Open interest is the number of derivative contracts yet Read More
July 2014
Delayed rain leads to higher salt output, price decline From the usual Rs 700-750 a tonne, prices are now Rs 550-600 a tonne, says industry
Indian equity-index futures swung between gains and losses after the benchmark stock gauge jumped the most in two weeks. Tata Consultancy (TCS) Services Ltd. and Bajaj Auto (BJAUT) Ltd. may be active before their quarterly results. SGX CNX Nifty Index futures for July delivery fell less than 0.1 percent to 7,650.5 at 10:52 a.m. in Read More
Indian stock-index futures advanced after the benchmark gauges rose for the first time in six days. SGX CNX Nifty Index futures for July delivery climbed 0.4 percent to 7,564.5 at 9:48 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. rose 1 percent to 7,526.65 yesterday. The S&P Read More
India’s benchmark stock-index rose for the first time in six days as data showing consumer prices climbed at the slowest pace since January 2012 spurred speculation the central bank may ease monetary policy. Engineering company Larsen & Toubro Ltd. (LT) increased the most in a month. Mahindra & Mahindra Ltd. (MM) gained to a two-week Read More
Indian Indices: Markets are expected to open on a cautious note in the absence of any triggering cues. SGX Nifty is trading 14.00 points higher. After the Union Budget 2014-15 failed to impress markets, investors will eye Infosys, which is set to announce results for April-June quarter. Moreover, investors will also keep Read More
Indian stock-index futures swung between gains and losses after the benchmark gauge posted its steepest weekly loss since December 2011. SGX CNX Nifty Index futures for July delivery was little changed at 7,484 at 10 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. tumbled 1.4 percent to Read More
Indian stock-index futures gained after benchmark indexes fell for a third day yesterday following the federal budget. Infosys Ltd. (INFO) reports earnings and the government releases monthly industrial output data today. SGX CNX Nifty Index futures for July delivery rose 0.2 percent to 7,562.5 at 10:06 a.m. in Singapore. The underlying CNX Nifty Index lost Read More
Indian stocks declined, with the benchmark index headed for its biggest three-day loss in nine months, as Prime Minister Narendra Modi’s government presented its first budget. NTPC Ltd., India’s biggest power producer, dropped to its lowest level since May. Larsen & Toubro Ltd. (LT), the country’s largest engineering company, retreated for a third day. Oil Read More
Indian Indices: Markets is likely to open on a flat note, depicting cautious approach of investors on the much awaited day of Union Budget 2014-15. SGX Nifty is trading 21.00 points higher. Finance Minister Arun Jaitley will present his maiden Budget in Lok Sabha today at 11:00 am, subsequent to which, markets will Read More