Indian (SENSEX) stock-index futures dropped, signaling benchmark indexes may extend yesterday’s slump to a seven-week low. SGX CNX Nifty Index futures for June delivery fell 0.6 percent to 5,757.5 at 9:54 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index dropped 1.5 percent to 5,788.80 yesterday, the lowest close since April 18. The S&P BSE Read More
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Indian stock-index futures declined as overseas investors extended a sell-off of local shares and the U.S. Federal Reserve Chairman Ben S. Bernanke said bond purchases may be cut. SGX CNX Nifty Index futures for June delivery dropped 1.1 percent to 5,752 at 9:47 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index on the National Read More
Indian (SENSEX) stocks extended yesterday’s plunge after the rupee tumbled to near a record low and as overseas funds capped the longest selloff in 18 months. The S&P BSE Sensex fell 0.3 percent to 18,664.4 at 9:38 a.m. in Mumbai after losing 2.7 percent yesterday, its biggest drop since Sept. 22, 2011. declines among banks. Read More