Indian Market Commentary

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India's benchmark indexes Sensex and Nifty rose for a fourth consecutive session Wednesday, buoyed by reform measures announced by the government recently. Global cues also remained supportive, with stocks rising broadly across the Asia-Pacific region as strong quarterly results from U.S. technology...

Indian shares opened higher on Wednesday, tracking firm global cues as solid earnings and economic news from the U.S. as well as talk of economic stimulus in Europe offset recent concerns about the outlook for the global economy. The benchmark S&P BSE Sensex is currently up 185 points or 0.7 percent...

Indian shares are set to open higher on Wednesday amid growing hopes that the government will unveil further reform measures to bring the economy back on track. The good showing by BJP in Maharashtra and Haryana Assembly polls strengthened Prime Minister Narendra Modi's government at the Centre, giving...

India's benchmark indexes Sensex and Nifty rose to over one-week highs on Tuesday, with metal, auto, banking and power stocks pacing the gainers, after the government on Monday decided to bring about an ordinance to resolve the uncertainty stemming from the Supreme Court's decision to cancel 214 coal...

Indian shares opened higher on Tuesday, adding to the previous session's strong rally, after the government announced fresh reform measures opening the door for e-auction of coal mines and future commercial mining. The Asian markets are turning in a mixed performance after rallying sharply the day before....

The Indian markets are set to open higher on Tuesday, with coal, power, cement and steel stocks likely to remain in focus, after the government on Monday decided to bring about an ordinance to resolve the uncertainty stemming from the Supreme Court's decision to cancel 214 coal blocks and carry out reforms...

Indian shares rose sharply on Monday, with auto, oil/gas, cement and banking stocks pacing the gainers, after the government announced deregulation of diesel prices and hiked natural gas prices, a move that will help the government reduce its subsidy burden. A strong showing of the Bharatiya Janata...

Indian shares rallied sharply on Monday, with financials and oil/gas stocks pacing the gainers, after the government deregulated diesel prices and hiked gas price from the current $4.2/mBtu to $5.61/mBtu with a review every six months. The state election results also came along expected lines, boosting...

Indian shares are set to open sharply higher on Monday after the Narendra Modi government kicked off the much-needed reforms exercise by deregulating diesel prices and streamlining the previous UPA government's proposal to directly transfer LPG subsidy to the bank accounts of beneficiaries from November...

Indian shares rose modestly on Friday, with banks leading the rebound after the previous session's sell-off, as encouraging U.S. economic reports, including data showing an unexpected drop in initial jobless claims and a bigger than expected increase in industrial production eased investor concerns over...

Indian shares opened largely unchanged on Friday amid firm Asian cues after encouraging U.S. data on jobless claims and industrial production helped ease some of the recent concerns about slowing global growth. The benchmark indexes Sensex and Nifty are currently up about 0.1 percent each, with banking,...

Indian shares look set to open sharply higher on Friday as a result of improved risk sentiment, as some encouraging U.S. data helped ease some of the recent concerns about the global economy. The Asian markets are trading mostly higher, the dollar index held steady and commodities are rebounding...

Indian shares tumbled on Thursday, with the benchmark indexes Sensex and Nifty both falling to their lowest level in more than 9 weeks, as renewed fears about slowing global growth sent investors scrambling for the safety of government bonds and gold. After showing some resilience till afternoon,...

Indian shares opened higher on Thursday despite a global sell-off on concerns about weakening global growth. Brent crude futures are hovering at four-year levels and the results of exit polls predicted a clear win for the Narendra Modi-led Bharatiya Janata Party in two crucial state elections held on...

Indian shares are set to open sharply lower on Thursday, tracking heavy losses in the U.S. and Europe overnight and a weak trend in the Asia-Pacific region this morning as investors continue to fret about faltering global growth. That said, falling crude prices and the results of exit polls predicting...