Indian stocks declined, with the benchmark index erasing a weekly advance, as some investors judged the recent rally to a record to be excessive. HDFC Bank Ltd. (HDFCB) fell the most in a month after the nation’s largest lender by value was removed from the MSCI India Index. Hero MotoCorp Ltd. was the worst performer Read More
November 2014
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in most Asian stocks and a record closing at Wall Street overnight. SGX Nifty is trading 7.50 points down. Markets may consolidate after hitting record highs in recent sessions while optimism over growth amid strong reforms may Read More
Indian stocks rose to a record, led by lenders and drugmakers, as quarterly earnings at some of the nation’s biggest companies exceeded forecasts and data showed foreigners boosted their holdings of local shares. State Bank of India rallied to a 3 1/2-year high, sending a gauge of lenders to an all-time high. Sun Pharmaceutical Industries Read More
Indian Indices: The key domestic benchmarks are likely to open on a muted note today tracking weakness in fellow Asian peers and a negative closing at Wall Street overnight. SGX Nifty is trading at 6.00 points higher. Markets will re-open today after yesterday’s holiday. However, optimism that the recent reform measures by the Read More
Indian Indices: The Indian benchmark indices are likely to open on a positive note after surging to a record high on Friday as investors stay bullish over the prospects of Asia’s third biggest economy as reforms lift outlook .SGX Nifty is trading at 33.50 points higher. Automobile companies will be in focus as Read More
Indian stock-index futures rose after benchmark gauges climbed to records in October to complete their best month since June. SGX CNX Nifty Index futures for November delivery added 0.5 percent to 8,398 at 10:08 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) on the National Stock Exchange of India Ltd. surged 1.9 percent to Read More