The BSE Sensex is likely to rebound, while the battered Indian rupee may see some recovery on Wednesday after the government and the Reserve Bank took steps yesterday to support the beaten-down bond market. The Nifty futures on the Singapore Exchange (SGX) indicated a strong start for equities that have fallen around 6 Read More
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Indian markets expect to open on a flat to positive note tracking mixed global cues. SGX Nifty is trading 64 points higher. Events for the Day: Motherson Sumi to quote Final Dividend Indian Indices: The Indian markets may open on a flat to positive note led by mixed global cues. SGX Nifty is Read More
Markets are likely to open lower on weak global cues. SGX Nifty is trading 41.00 points lower. Indian Indices: Today, the opening on the Dalal Street is going to be on a negative note tracking weak Global cues. SGX Nifty is trading 41.00 points lower. On Wednesday (August 14, 2013) S&P BSE Sensex wrapped Read More
The Indian stock markets are expected to witness weak start on Dalal Street as the global cues looked unsupportive. SGX Nifty is trading 50.50 points lower. Events for the day: Godrej Properties rights issue of equity shares in ratio of 8:29 of Rs10 each at premium of Rs315 RCF to quote Final Read More
The start on the Dalal Street is going to be in the red zone led by negative global peers. SGX Nifty is also trading 64.50 points lower. Events for the Day: IGL and HT Media to quote Final Dividend Indian Indices: The Indian markets are likely to fall tracking weak global sentiments. SGX Read More
Indian stock markets and the rupee are likely to open lower for a third consecutive day. Nifty futures on the Singapore Exchange (SGX) pointed to over 60 point cut on Tuesday. The rupee is poised to hit another record low high at open with non-deliverable forward (NDF) rates signalling the currency may test Read More
Indian stock-index futures dropped after the nation’s currency sank to a record low, with the benchmark equity index poised to enter a technical correction. SGX CNX Nifty Index futures for August delivery fell 0.8 percent to 5,368 at 10:12 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index tumbled 1.7 percent to 5,414.75 yesterday, the Read More
Capital goods shares plunge, BHEL at 8-year low BHEL,L&T, Punj Lloyd, Jindal Saw, Crompton Greaves, Suzlon Energy and Bharat Electricals are down 2-8% on BSE. GMR Energy to float Rs 1,000-cr public offer GMR Infra’s net loss widens GMR Read More
Reuters Market Eye – Foreign institutional investors (FIIs) extend selling in index futures for a fourth day on Friday, totalling sales of 20.63 billion rupees, indicating they are bracing for lower levels in cash shares in the near term, dealers say. Derivatives analysts say the rise in outstanding positions in index futures, coupled with a Read More
Indian stocks dropped, led by the biggest two-day plunge in banks since the global financial crisis, amid concern that policy makers will sacrifice economic growth as they seek to stem the rupee’s slide to a record. State Bank of India lost 1.7 percent and ICICI Bank Ltd. (ICICIBC) slumped 3.3 percent. The 13-member S&P BSE Read More