Markets are likely to open positive tracking positive Asian cues. The early indicator, SGX Nifty was up 15 points at 6,333 at 08:30. Asian markets crept higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the US dollar got a fillip from a report the Federal Read More
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Indian (SENSEX) stock-index futures rose on improving earnings prospects after companies including Wipro Ltd. (WPRO) reported higher profits. SGX CNX Nifty Index futures for January delivery added 0.3 percent to 6,335.0 at 9:54 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. climbed 0.7 percent to 6,303.95 yesterday. Read More
India’s benchmark stock index fell for a second day, led by technology stocks, after sales at Tata Consultancy Services Ltd. (TCS) missed estimates. Tata Consultancy, the nation’s biggest company by market value, headed for the steepest loss in eight months. The S&P BSE India Infotech Index of 10 software companies fell the most in three Read More
MindTree slips on disappointing Q3 results The company’s EBITDA and EBIT margin declined 127bp and 134bp qoq to 19.5% and 16.9%, respectively, due to higher employee costs.
The Indian markets are set to begin trade on a positive note led by positive global cues. SGX Nifty is trading 22.50 points higher. Events for Thursday (January 16, 2014): TCS, Axis Bank, HCL Technologies, Bajaj Auto, Bajaj Holdings, LIC Housing Finance and South Indian Bank Indian Indices: Today, the Indian Read More
Indian (SENSEX) stock-index futures rose after the benchmark gauge rallied to a five-week high yesterday. SGX CNX Nifty Index futures for January delivery added 0.3 percent to 6,346.0 at 9:36 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the National Stock Exchange of India Ltd. rose 1.3 percent to 6,320.90 yesterday. The S&P Read More
Indian stock-index futures gained after the World Bank raised its global growth forecast as investors awaited the release of wholesale-price inflation data. SGX CNX Nifty Index futures for January delivery rose 0.3 percent to 6,276.5 at 9:40 a.m. in Singapore. Coal India (COAL) Ltd. may advance after saying it’ll pay a record dividend. The MSCI Read More
Indian Indices: The stock markets are expected to open a tad lower on Tuesday, tracking weakness in Asian stocks. SGX Nifty is trading 37.00 points lower. Consumer Price Inflation (CPI) for December 2013 came in at 9.87% against the market estimates (Bloomberg) of 10.12% vs 11.24% in November. On Monday (January 13, Read More
Indian (SENSEX) stock-index futures fell, joining global equity declines after the Standard & Poor’s 500 Index posted its biggest loss in two months. SGX CNX Nifty Index futures for January delivery dropped 0.6 percent to 6,271 at 10:11 a.m. in Singapore. U.S. stocks slid yesterday as investors weighed equity valuations and the outlook for the Read More
Singapore Exchange plans to launch more India-based products to provide opportunities for global investors interested in tapping the Indian market. The bourse is mainly encouraged by the response from investors for the SGX-Nifty futures and options, according to a company official. “There is a growing interest among global investors to get access into Indian markets Read More