Indian Indices: The Indian equities may begin first trading session of the week on a flat note tracking mixed global cues. SGX Nifty is also trading 8.00 points lower. Indian shares rose for a fifth time in six sessions on Friday as a recovery in global markets allowed blue chips such as ITC Read More
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Indian stock-index futures swung between gains and losses after benchmark indexes declined yesterday for the first time in five days. SGX CNX Nifty Index futures for February delivery were little changed at 6,112 at 10:03 a.m. in Singapore after rising as much as 0.5 percent. The underlying CNX Nifty Index fell 1 percent to 6,091.45 Read More
Indian stocks declined, with the benchmark index set to halt a four-day rally, as metalmakers and lenders retreated. Tata Steel Ltd. (TATA) slid to a two-week low, the biggest loser on the S&P BSE India Metal Index. State Bank of India fell for a first time in three days, with a gauge of lenders poised Read More
Indian stocks rose, led by software makers and industrials, as the benchmark index headed for its highest close in three weeks. Infosys Ltd. (INFO) climbed for a fourth day, sending a gauge of technology companies to a three-week high. Bharat Heavy Electricals Ltd. (BHEL), India’s biggest power-equipment maker, rose for a second day. Drugmaker Ranbaxy Read More
Latest Strong buzz on streets – Dilip Sanghvi of Sun Pharma has acquired additional 2% stake in the company in the past 15 days thereby totaling close to 5%. Sun Pharma and Ranbaxy are going to announce strategic tie up soon . Ranbaxy will use the FDA approved manufacturing facilities of Sun Pharma to supply Read More
Indian stock-index futures swung between gains and losses after the benchmark index climbed to the highest level this month. SGX CNX Nifty Index futures for February delivery fell less than 0.1 percent 6,094 at 9:56 a.m. in Singapore. The underlying CNX Nifty Index added 0.4 percent to 6,073.30 yesterday. The S&P BSE Sensex (SENSEX) gained Read More
The Indian indices are likely to open in the green zone backed by global support. SGX Nifty is also trading 33.50 points higher. Events for Friday (February 14, 2014) Wholesale Price Inflation data A-Group results- Britannia Inds, Nestle India, M&M, Unitech, SBI, MMTC, SAIL, CRISIL, Financial Tech, Suzlon Energy, RECL, Pipavav Defence Read More
Markets are likely to make a soft opening tracking mixed global cues. The early indicator, SGX Nifty was up by 40 points at 6,037 at 0825 hrs. Further, the government will unveil data on inflation based on the wholesale price index (WPI) for January 2014 today. On the global Read More
India’s benchmark stock-index slid for the first time in three days, led by energy companies and utilities. Oil & Natural Gas Corp. (ONGC), the nation’s largest explorer, dropped ahead of its results, halting a four-day rally. Coal India Ltd. (COAL), the world’s largest producer of the fuel, fell 1.7 percent after posting a decline in Read More
Indian stock-index futures gained before the government releases consumer-price inflation and industrial production data today. SGX CNX Nifty Index futures for February delivery rose 0.5 percent to 6,104 at 9:42 a.m. in Singapore. The underlying CNX Nifty Index increased 0.2 percent to 6,062.70 yesterday. The S&P BSE Sensex (SENSEX) gained 0.1 percent. The Bank of Read More