Indian (SENSEX) stocks retreated for a second day, led by lenders and energy companies, amid speculation a rally in crude oil to a five-week high will stoke inflation. ICICI Bank Ltd. (ICICIBC) lost 1.8 percent, sending a measure of banks to its biggest drop in a week. Hindustan Petroleum Corp. (HPCL) and Bharat Petroleum Corp. Read More
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Headlines for the day: RCom hikes 3G data rates by 27% NTPC’s tax-free bond issue to open today Spicejet allots 1.5 cr equity shares IRB Infra’s promoter unpledges shares Indian Indices: The Indian stock markets are expected to start the trading on a negative note as the global cues Read More
Indian (SENSEX) stock-index futures declined after the jump in the benchmark gauge sent valuations to a two-week high. SGX CNX Nifty Index futures for December delivery dropped 0.5 percent to 6,221.5 at 9:59 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the National Stock Exchange of India Ltd. added 0.7 percent to 6,217.85 Read More
Events for the day: HSBC Markit Manufacturing PMI Headlines for the day: M&M sales dip 18% in November SAIL, NMDC and RINL line up Rs15,000-cr capex next fiscal NHPC to commission over 3,800 MW of delayed projects by 2018 Tata Power plans to raise up to Rs5,000 cr in Read More
Indian stock-index futures advanced after data showed the nation’s economic growth quickened last quarter from a four-year low. SGX CNX Nifty Index futures for December delivery rose 0.2 percent to 6,238.0 at 10:31 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the National Stock Exchange of India Ltd. climbed 1.4 percent to 6,176.10 Read More
Indian (SENSEX) stocks rose the most in Asia, led by lenders and capital goods producers, with the benchmark index paring a monthly loss. ICICI Bank Ltd. (ICICIBC) climbed for the first time in four days, the second-best performer today on a gauge of 13 lenders. Sesa Sterlite Ltd., the nation’s largest copper producer, advanced to Read More
Indian Indices: The Indian equities may begin today’s trading session on a flat note tracking mixed global cues. SGX Nifty is also trading 7.50 points higher. GDP YoY and fiscal deficit data due today. On Thursday (November 28, 2013) Sensex closed at 20,534.91, up by 114.65 points, while the Nifty rose by Read More
Indian (SENSEX) stock-index futures gained after the rupee strengthened to a one-week high, and before futures contracts expire today. SGX CNX Nifty Index futures for November delivery rose 0.6 percent to 6,096.5 at 9:53 a.m. in Singapore. The most-active December contract added 0.5 percent to 6,142. The underlying CNX Nifty (NIFTY) Index and benchmark S&P Read More
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Markets opened flat to negative with benchmark stock indices opening flat with a negative bias amid negative on mixed global cues. At 9.19am, the 30-share BSE Sensex opened at 20577 down 33 point while broader 50-share Nifty index opened at 6103 down 10 points. The SGX Nifty was down 28 points Read More