India’s benchmark stock-index rose the most in three weeks, led by industrials and banks, after a gauge of manufacturing output expanded for a seventh month. Engineering company Larsen & Toubro Ltd. (LT) increased to a record after its fourth-quarter profit beat estimates. State Bank of India jumped 3.7 percent, helping an index of lenders climb Read More
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Indian Indices: Key Indices are likely to see a mildly higher opening as the week awaits fresh triggers from the Modi-led government. SGX Nifty that is trading 1.00 points lower. Events: HSBC India Manufacturing PMI. Moreover, the market looks susceptible to consolidation ahead of the monetary policy review due tomorrow. The Read More
Indian Indices: Asian markets and SGX Nifty are both signaling a soft start for the Indian bourses in today’s session. SGX Nifty that is trading 1.50 points higher. The markets may remain mostly directionless today ahead of RBI’s policy meet on June 3rd 2014 that would shape the market momentum as investor’s will Read More
Indian stock-index futures were little changed after the benchmark equity gauge fell the most in more than three months. SGX CNX Nifty Index futures for June delivery rose less than 0.1 percent to 7,269 as of 10:46 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. dropped 1.3 Read More
Indian Indices: The forecast for Indian indices suggests mild consolidation on opening mirroring negativity on the SGX Nifty ahead of the expiry of May futures contracts as the investors will be seen rolling over the positions to June contracts amid lack of major cues on the domestic front. SGX Nifty that is trading Read More
Indian stock-index futures swung between gains and losses after benchmark gauges fell the most in three weeks yesterday. SGX CNX Nifty Index futures for May delivery lost 0.1 percent to 7,302.5 at 9:51 a.m. in Singapore. The contract expires tomorrow. The underlying CNX Nifty Index slid 0.6 percent to 7,318 yesterday, the biggest drop since Read More
Indian Indices: Indian markets are likely to witness a negative opening tracking the SGX Nifty that is trading 4.00 points higher. The market direction will be shaped later as China’s reports on industrial profits are released. India’s NSE index fell for a second consecutive session as investors continued to book profits in Read More
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
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