Indian stocks advanced for a sixth week, the longest weekly run in more than two years, as shares related to e-commerce climbed following Alibaba Group Holding Ltd.’s record initial public offering in the U.S. Info Edge (India) Ltd. (INFOE) led a rally among domestic e-commerce-related companies after Alibaba raised $ 21.8 billion. Maruti Suzuki India Read More
Author: SGX Nifty
Indian equities advanced for a second day amid optimism trade ties with China will attract foreign inflows and revive economic growth. Sun Pharmaceutical Industries Ltd. (SUNP) gained the most in two weeks after agreeing to buy from Merck & Co. global rights for tildrakizumab used to treat a skin disease. Hero MotoCorp Ltd. (HMCL) advanced Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in fellow Asian markets ahead of the US Federal Reserve policy decision today in which it may offer cues over the timing to raise interest rates. SGX Nifty is trading 47.50 points higher. The sharp losses in Read More
Indian stock-index futures fell after benchmark gauges slid to the lowest level in more than two weeks yesterday. SGX CNX Nifty Index futures for September delivery lost 0.3 percent to 8,034.5 at 10 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) fell 0.8 percent to 8,042 yesterday, the lowest close since Sept. 1. The Read More
Indian Indices: The key domestic benchmarks are tipped to open lower today tracking a bearish trend in Asian markets as caution persists ahead of the two-day US Federal Reserve policy meet beginning today where the world’s top central bank may offer some cues over the timing to raise interest rates for the first time Read More
Indian stocks and the rupee fell the most in five weeks after monthly factory output weakened and on speculation the U.S. Federal Reserve will signal a move toward interest-rate increases at a meeting this week. The S&P BSE Sensex (SENSEX) lost 0.8 percent to 26,839.52 at 12:21 p.m. in Mumbai, while the rupee slid 0.6 Read More
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a bearish trend following Asian markets. SGX Nifty is trading 49.50 points lower. Further, investors may react negatively to tepid IIP numbers which showed that industrial output growth slowed to a mere 0.5% in July 2014, year on year from Read More
Indian stock-index futures dropped before the release of monthly industrial production and inflation data today. SGX CNX Nifty Index (NIFTY) futures for September delivery fell 0.2 percent to 8,104 as of 10:16 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. slipped 0.1 percent to 8,085.70 yesterday. The Read More
Indian Indices: The key domestic benchmarks are likely to open lower today as investors tread the cautious path ahead of industrial output and inflation data due today. SGX Nifty is trading 7.50 points down. Indian shares fell for a third consecutive session on Thursday to hit their lowest level in two weeks as Read More
Indian stock-index futures were little changed after the benchmark gauge fell for a second day from a record high. SGX CNX Nifty Index (NIFTY) futures for September delivery slipped less than 0.1 percent to 8,128 as of 10:34 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. fell Read More