The Indian markets are poised to open flat to slightly lower on Wednesday following two days of profit taking. With expectations getting slowly priced into the market, investors keenly await policy measures from the Narendra Modi government to boost investor confidence and revive growth. The new government is expected to unveil its budget by early Read More
Author: SGX Nifty
Indian Indices: The Indian markets are likely to witness a soft opening tracking the mixed performance in the Asian peers. SGX Nifty is trading 13.50 points lower. However, the markets will pick pace as the investors will discount the news of the newly formed cabinet. India’s NSE index fell on Monday, giving Read More
Indian stock-index futures dropped after benchmark gauges pared yesterday the biggest intraday advances since election results were announced on May 16. SGX CNX Nifty Index futures for May delivery fell 0.2 percent to 7,360 at 10:38 a.m. in Singapore. The contract expires on May 29. The underlying CNX Nifty Index fell 0.1 percent to 7,359.05 Read More
Indian stocks advanced to all-time highs amid speculation Narendra Modi will choose a cabinet capable of reviving economic growth. Sun Pharmaceutical Industries Ltd. (SUNP) gained the most in a month after a local court removed the stay on the drugmaker’s $ 3.2 billion purchase of Ranbaxy Laboratories. Mahindra & Mahindra Ltd. (MM) and Coal India Read More
Indian Indices: The Indian markets are set to witness a positive opening mirroring a mostly positive trend in the Asian peers. SGX Nifty is trading 13.00 points higher. The markets are likely to rise in the early trade as Modi swearing in as the Prime Minister will be partly reflected in the market Read More
Indian Indices: The key domestic benchmarks are likely to be open on positive note today tracking firm cues from other Asian peers and positive closing of Wall Street in overnight trading. SGX Nifty is trading 16.00 points higher. India’s NSE index closed at a record high on Thursday, recovering from falls in the Read More
Indian stock-index futures gained as benchmark gauges headed for a third weekly advance before the country’s new prime minister announces his cabinet next week. SGX CNX Nifty Index futures for May delivery rose 0.3 percent to 7,316 at 10:13 a.m. in Singapore. The underlying CNX Nifty Index added 0.3 percent to a record 7,276.40 yesterday, Read More
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Indian stock-index futures climbed after benchmark gauges retreated from record highs yesterday. SGX CNX Nifty Index futures for May delivery rose 0.4 percent to 7,309 at 10:13 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. fell 0.3 percent to 7,252.90 yesterday. The S&P BSE Sensex (SENSEX) declined Read More
Indian Indices: Markets are likely to open marginally higher but further gains may be capped on profit taking. SGX Nifty is trading 21.00 points higher. Indian shares edged higher to a fourth consecutive session of gains on Tuesday as domestic-oriented stocks such as Sesa Sterlite rose on continued hopes that the incoming government Read More