October 2014

India’s benchmark stock index headed for a six-week low, led by metal producers and lenders, as some investors sold companies most tied to the economy before the start of the quarterly earnings season this week. Hindalco Industries Ltd. (HNDL), India’s second-biggest aluminum maker, was set for a four-month low and was the worst performer on Read More

Indian Indices: The key domestic benchmarks are likely to open higher today after holiday tracking a positive trend in major Asian markets. SGX Nifty is trading 20.50 points up. Investors will be keenly eying the Q2 earnings season set to kick-start from Friday when the country’s second biggest services software exporter Infosys, the Read More

Most Indian stocks rose as software exporters climbed after the rupee weakened to a seven-month low amid concern the U.S. Federal Reserve may raise interest rates. Tata Consultancy Services Ltd. (TCS), Infosys Ltd. (INFO) and Wipro Ltd., India’s largest technology companies, were the biggest gainers on the benchmark S&P BSE Sensex. (SENSEX) Jet Airways (India) Read More

Indian Indices: The key domestic benchmarks may open lower today amid subdued cues from overseas markets. SGX Nifty is trading 7.50 points down. Investors may also exercise caution ahead of HSBC India manufacturing PMI for the month of September which will offer the latest snapshot of health in Asia’s third biggest economy. Read More