Indian Indices: The key domestic benchmarks are likely to open higher today tracking a positive trend in fellow Asian markets and a strong finish at Wall Street overnight . SGX Nifty is trading at 72.50 points higher. Investor sentiment will remain supported by hopes of a pickup in growth after the government stepped Read More
October 2014
Indian stocks climbed for a third day after Prime Minister Narendra Modi implemented his biggest energy-policy reforms since taking office in May. Gail India Ltd. (GAIL), India’s largest natural-gas distributor, jumped to a three-year high. Sesa Sterlite Ltd., the biggest copper and aluminum producer, gained the most in four months. ICICI Bank Ltd. (ICICIBC) led Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a mostly positive trend in fellow Asian markets and a positive closing at Wall Street overnight.. SGX Nifty is trading at 6.50 points higher. The sentiment may remain bullish after BJP’s victory in the assembly elections while oil and gas Read More
Indian stocks rose and the rupee strengthened after Prime Minister Narendra Modi scrapped diesel price controls to curb subsidies and his party won the most number of seats in two state elections. Oil & Natural Gas Corp. (ONGC), India’s largest state-owned oil explorer, and Hindustan Petroleum Corp. (HPCL) rallied after the government increased natural-gas tariffs Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in fellow Asian markets. SGX Nifty is trading at 128 points higher. Indian shares rose on Friday, led by gains in stocks of domestic oriented companies including lenders such as HDFC Bank on value buying and hopes Read More
(Corrects ADR Index move in second paragraph.) Indian stock-index futures gained after benchmark gauges fell to the lowest level in two months. SGX CNX Nifty Index futures for October delivery rose 0.8 percent to 7,815 at 10:09 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) plunged 1.5 percent to 7,748.20 yesterday, the lowest close Read More
Indian shares are likely to open on a positive note, tracking support from global markets. SGX Nifty is trading 41.00 points higher. Headlines for the day: HCL Tech Q1 net at Rs1,873 cr, up 2.1% q-o-q Tata Steel refinances $ 5.4-bn debt Neyveli Lignite Corporation pays Rs422.78 crore as dividend Read More
Markets are likely to open marginally higher after data showed that September consumer price inflation eased to its lowest level since January 2012 and better-than-expected second quarter earnings from Reliance Industries. At 8:35AM, the early indicator SGX Nifty was up 37 points at 7,946 The rate of retail inflation Read More
Most Indian stocks gained as exit polls signaling victory for the ruling party in two key state elections countered concern about slowing global growth. Tata Consultancy Services Ltd. (TCS), India’s largest software exporter, was the best performer on the S&P BSE Sensex (SENSEX) before its earnings today. Hindustan Unilever Ltd., the nation’s top home-products maker, Read More
Indian shares are likely to open on a negative note, tracking weak global markets. SGX Nifty is trading 73.00 points lower. Headlines for the day: GSFC Q2 net profit up 23% GMDC acquires 100 hectares of land for alumina plant in Kutch Tata in talks to sell UK steel plants to Read More