Most Indian stocks advanced, paring a weekly decline, before the government releases monthly data on inflation and industrial output today. Bharti Airtel Ltd. (BHARTI), the top mobile-phone operator, rose for the first time in four days. Hero MotoCorp Ltd., the largest motorcycle maker, climbed the most in a week. Tata Power Co. (TPWR), the biggest Read More
Indian shares are likely to open on a slightly higher note as global cues look mixed. SGX Nifty is trading 4.00 points higher. Events for the day: Index for Industrial Production Data YoY CPI YoY Headlines for the day: Tata Chemicals to invest Rs150 crore in nutraceutical plant near Chennai Read More
Indian Indices: The Indian benchmarks are likely to open on a weak note today, as suggested by SGX Nifty that was trading in red tracking bearish cues from global peers. SGX Nifty is trading 20 points lower. Indian shares rose on Wednesday, recovering from one-month lows and snapping a three-day losing streak, as Read More
Indian shares are likely to open on a negative note as global cues look unsupportive. SGX Nifty is trading 28.50 points lower. Headlines for the day: SpiceJet cancellations likely to spell cold winter for tourism sector RIL inks pacts to form JV with China’s Ruyi group Zydus Launches Biosimilar For Auto Read More
Markets are likely to open lower tracking losses in their Asian peers and sharp overnight decline on Wall Street. At 8:20AM, the early indicator SGX Nifty was down 30 points at 8,452. Markets are also likely to react to the current account data (CAD) which at 2.1% of the Read More
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a bearish trend in most Asian markets and a negative closing at Wall Street overnight as oil prices tumbled. SGX Nifty is trading 34.50 points lower. Iinvestors are likely to weigh the bleak current account deficit (CAD) data which showed Read More
Pfizer, Wyeth hit new high ahead of amalgamation Shares of drug majors Pfizer and Wyeth have rallied over 6% each at Rs 2,089 and Rs 1,396 respectively.
India’s benchmark stock index fell the most in two months as software exporters slid after four founders of Infosys Ltd. (INFO) pared their stakes. Infosys tumbled the most in two months, the biggest loser on the S&P BSE Sensex. (SENSEX) Larger rival Tata Consultancy Services Ltd. (TCS) declined for a second day. Metal producers Sesa Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in most Asian markets after a positive closing at Wall Street on Friday. SGX Nifty is trading 1.00 points lower. Investors will be eying the November WPI and CII numbers and IIP data for October this week Read More
Marico Kaya hits upper circuit for third day Since November 12, 2014, the stock rallied 65% to Rs 1,007 from Rs 609 on NSE compared to 1.9% rise in CNX Nifty.