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
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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
Indian stocks declined, with the benchmark gauge set to halt the longest run of weekly advance in more than two years, as lenders and industrials retreated. Housing Development Finance Corp. (HDFC), the largest mortgage lender, dropped the most in three weeks. Coal India Ltd., the world’s biggest miner of the fuel, declined for a second Read More
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a mostly bearish trend in Asian markets. SGX Nifty is trading 36.00 points down. Adding further, market is in a correction phase after a massive rally in recent weeks. Further, investor sentiment may be impacted by the Supreme Court’s Read More
India’s benchmark index fell to a one-week low, led by utilities and metalmakers, amid concern a court decision to cancel coal mining permits and impose a $ 1.3 billion penalty may raise power generation costs. Jindal Steel & Power Ltd. (JSP) headed for the lowest level in 5 1/2 years while aluminum maker Hindalco Industries Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a positive trend in most Asian markets. SGX Nifty is trading 14.50 points higher. Market may witness heightened volatility today as investors and traders roll over their positions ahead of the futures and options ( F&O) September expiry today. Read More
Markets are likely to open lower tracking weak global cues in Asian markets. For the day, the Nifty is likely to test the crucial psychological support level of 8,000 ahead of the derivative expiry tomorrow. Early indicator, SGX Nifty is down 18 points at 8,017. In Asia, stocks tracked Read More
Indian Indices: The key domestic benchmarks are likely to open lower today tracking a mostly bearish trend in Asian markets. SGX Nifty is trading 5.50 points lower. The markets may continue to see volatility during the session as traders roll over their positions before the September F&O contract expiry tomorrow. Indian shares Read More
Indian stock-index futures were little changed before the contracts expire tomorrow. SGX CNX Nifty Index (NIFTY) futures for September delivery fell less than 0.1 percent to 8,032 as of 10:08 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. sank 1.6 percent to 8,017.55 yesterday. The S&P BSE Read More
Indian stock-index futures declined after the equity benchmark gauges advanced to a two-week high yesterday. SGX CNX Nifty Index (NIFTY) futures for September delivery fell 0.2 percent to 8,132.5 as of 10:05 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. added 0.3 percent to 8,146.30 yesterday. The Read More