Indian shares are likely to open on a flat note as the global cues look mixed. SGX Nifty is trading 1.00 point lower. Headlines for the day: Cipla gets Rs1,100 cr South African order for HIV drugs Tata Realty to buy majority stake in Madhucon’s Agra-Jaipur road project Exide Industries: Lower Read More
December 2014
Indian stock-index futures rose before the expiry of futures contracts today. SGX CNX Nifty Index (NIFTY) futures for December delivery added 0.1 percent to 8,275 at 9:39 a.m. in Singapore. The most-active January contract also climbed 0.1 percent, to 8,347. The underlying CNX Nifty Index fell 0.7 percent to 8,267 yesterday, the first decline in Read More
Indian Indices: The key domestic benchmarks may open tad higher today tracking a mixed trend in fellow Asian stocks as investors chose to stay on the sidelines ahead of key US economic data today including Q3 GDP numbers, goods and orders and housing data which may offer fresh cues over the health of the Read More
Most Indian stocks advanced, led by energy companies, amid an increase in crude-oil prices. NTPC Ltd. (NTPC), the nation’s biggest power producer, climbed to a two-week high, while Gail India Ltd. (GAIL), a natural-gas supplier, rallied for a fourth day. Coal India Ltd. (COAL), the world’s biggest miner of the fuel, rallied to a five-month Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in markets across Asia and a bullish closing at Wall Street on Friday. SGX Nifty is trading 37.00 points higher. Sensex and Nifty rose for a 2nd-consecutive day on Friday, led by gains in IT stocks after Read More
Indian stocks rose, sending the benchmark equity index toward its first weekly gain in three weeks, amid a rally in global equities and expectations for faster economic growth. Mahindra & Mahindra Ltd. (MM), the largest maker of sport-utility vehicles and tractors, climbed the most in two weeks. Reliance Industries Ltd. (RIL), owner of the world’s Read More
Indian Indices: The key domestic benchmarks are likely to open on a positive note today tracking a bullish trend across Asia as risk taking sentiment revives amid hopes that the US Federal Reserve’s pledge to stay patient on monetary tightening may bolster capital flows into emerging markets. SGX Nifty is trading 4725.31 points Read More
Indian stocks rose the most in six weeks, with the benchmark index halting a five-day slide, as the rupee strengthened and global equities rallied after the U.S. Federal Reserve pledged patience on interest-rate increases. Bharat Heavy Electricals Ltd. (BHEL), the largest power-equipment maker, climbed the most in three weeks. Tata Power Co. (TPWR), India’s biggest Read More
Indian shares are likely to open on a positive note as global cues look supportive. SGX Nifty is trading 92.00 points higher. Headlines for the day: HC reserves order on Novartis-Cipla drug dispute Tata Motors developing vehicles for defence sector RBI slaps Rs50 lakh penalty on ICICI Bank, Rs25 lakh on Read More
India’s benchmark stock-index declined to a one-month low, led by banks and drugmakers, as foreigners sold local shares for a fifth day amid a plunge in global markets. State Bank of India fell for a fifth day, poised for the longest run of losses since August. Hindalco Industries Ltd. (HNDL), the nation’s second-biggest aluminum maker, Read More