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
Author: SGX Nifty
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
Indian stock-index futures gained after the benchmark S&P BSE Sensex (SENSEX) index advanced to an all-time high yesterday. SGX CNX Nifty Index futures for October delivery rose 0.8 percent to 8,256 at 9:51 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) added 1 percent to 8,169.20 yesterday, the highest level since Sept. 8. The Read More
India’s benchmark stock index rose to a five-week high as metalmakers and auto companies increased amid speculation the central bank may lower interest rates as a drop in oil prices cools inflation. Hindalco Industries Ltd. (HNDL), the second-biggest aluminum maker, was the best performer on the S&P BSE Sensex (SENSEX), while Tata Steel Ltd. rallied Read More
Indian Indices: The key domestic benchmarks are tipped to open higher today tracking a firm trend in fellow Asian stocks and a strong closing at Wall Street overnight as a string of better than expected US corporate earnings infused optimism over the health of the world’s biggest economy. SGX Nifty is trading at 42.50 Read More
SGX Nifty futures point to a higher open on Tuesday, although gains may be capped amid lackluster global cues. The benchmark indexes Sensex and Nifty erased early gains to end down less than half a percent each on Monday as investors locked in some profits after a five-day rally, awaiting cues from the U.S. Federal Read More