Indian stocks declined, with the benchmark index headed for its biggest three-day loss in nine months, as Prime Minister Narendra Modi’s government presented its first budget. NTPC Ltd., India’s biggest power producer, dropped to its lowest level since May. Larsen & Toubro Ltd. (LT), the country’s largest engineering company, retreated for a third day. Oil Read More
Author: SGX Nifty
Indian Indices: Markets is likely to open on a flat note, depicting cautious approach of investors on the much awaited day of Union Budget 2014-15. SGX Nifty is trading 21.00 points higher. Finance Minister Arun Jaitley will present his maiden Budget in Lok Sabha today at 11:00 am, subsequent to which, markets will Read More
Indian Indices: Indian markets is likely to open in red tracking weak cues across the global markets. SGX Nifty is trading 9.50 points lower. After Rail Budget failed to impress the markets, domestic investors are expected to turn even more cautious ahead of the Union Budget 201-15, which will be announced tomorrow. Read More
Indian stock-index futures swung between gains and losses after benchmark indexes tumbled from all-time highs yesterday. SGX CNX Nifty Index futures for July delivery was little changed at 7,635 at 9:47 a.m. in Singapore. The underlying CNX Nifty Index slumped 2.1 percent to 7,623.20 yesterday, the steepest drop since Sept. 3. The S&P BSE Sensex Read More
Indian Indices: Amid hopes that the upcoming Budget will include big-ticket reforms to boost India’s economy, the domestic bourses are expected to open on a positive note on Tuesday. SGX Nifty is trading 19.50 points higher. However, investors can turn a little cautious amid muted cues from the global markets. Meanwhile, Rail stocks Read More
Indian stock-index futures gained after benchmark gauges climbed to records for a second session yesterday, and before the government presents its railway budget today. SGX CNX Nifty Index futures for July delivery rose 0.1 percent to 7,806 at 9:42 a.m. in Singapore. The underlying CNX Nifty Index climbed 0.5 percent to 7,787.15 yesterday. The S&P Read More
Indian stocks advanced for a second day, with the benchmark indexes climbing to a record amid speculation the government will announce measures to boost growth when it presents the federal budget this week. Infosys Ltd. (INFO) paced gains for software exporters as the rupee fell the most in more than two weeks. Texmaco Rail & Read More
Indian Indices: Markets is expected to open on a cautious note on Monday owing to a number of important events lined up for this week. SGX Nifty is trading 2.50 points lower. India’s NSE index hit a record high on Friday as bluechips rose on optimism that Prime Minister Narendra Modi will deliver Read More
Indian Indices: Maintaining the pre-budget rally, Key Indices is likely to open higher on Friday. Positive trend in most of the Asian markets will further support investors’ sentiments in the country. SGX Nifty is trading 13.00 points higher. Indian shares fell slightly on Thursday, retreating from record highs earlier in the session, as Read More
Indian Indices: A market is likely to maintain its gaining streak on Thursday amid hopes that the upcoming Budget will include reforming measures to ensure India’s economic boost. SGX Nifty is trading 34.00 points higher. Indian shares surged more than 1 percent to hit record highs on Wednesday after Finance Minister Arun Jaitley’s Read More