Indian stock-index futures gained after benchmark gauges extended records yesterday. SGX CNX Nifty Index futures for June delivery rose 0.1 percent to 7,432.5 at 10:10 a.m. in Singapore. The underlying CNX Nifty Index added 0.7 percent to a record 7,415.85 yesterday. The S&P BSE Sensex (SENSEX) also advanced 0.7 percent to an all-time high. The Read More
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Most Indian stocks rose after the nation’s central bank cut the liquidity ratio requirement for banks and left interest rates unchanged for a second straight meeting as retail inflation quickened. State Bank of India climbed for a second day. Tata Steel Ltd. (TATA) and Steel Authority of India Ltd. rose at least 2 percent after Read More
Indian Indices: The Indian markets after a bumper rise in yesterday’s trade are likely to witness a positive opening. SGX Nifty that is trading 24.50 points higher. The markets will see high trading activity as the investors get ready to digest the RBI’s decision on the monetary policy of the country, which is Read More
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
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