Most Indian stocks advanced, led by industrials and utilities, as some investors bought companies most tied to the economy after the International Monetary Fund raised its growth forecast for the nation. Larsen & Toubro Ltd. (LT) and Bharat Heavy Electricals Ltd. (BHEL), India’s largest engineering companies, climbed the most in two weeks. Oil & Natural Read More
Author: SGX Nifty
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a bearish trend in fellow Asian peers as concerns over a slowing global economy mar sentiment, curbing the appetite for risky assets. SGX Nifty is trading 26 points down. Caution may prevail ahead of the start of the Q2 earnings Read More
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
Indian stocks advanced, with the benchmark index headed for its longest run of monthly gains in more than seven years, as the central bank maintained interest rates for a fourth meeting. Larsen & Toubro Ltd. (LT), India largest engineering company, increased to a one-week high after winning an order. Housing Development Finance Corp. (HDFC) rose Read More
Indian Indices: The key domestic benchmarks are likely to open lower tracking a bearish trend in most Asian markets. SGX Nifty is trading 23.50 points down. Caution will persist as the RBI announces its monetary policy decision today. Indian Shares fell on Monday as rate-sensitive firms such as ICICI Bank Ltd(ICBK.NS) fell Read More
Indian travel-related companies rose, led by Cox & Kings (COXK) Ltd., after Prime Minister Narendra Modi eased visa rules for U.S. tourists. Mumbai-based Cox & Kings rallied the most in more than two months. Thomas Cook (India) Ltd. advanced for the first time in six days. Indian Hotels Co., owner of the Taj brand of Read More
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a mix trend in Asian markets. SGX Nifty is trading 23.00 points down. Investors will remain cautious ahead of the RBI policy meet tomorrow where the central bank is expected to maintain status quo on interest rates. Indian shares Read More