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Indian Market Commentary

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Indian shares fell modestly on Friday as investors continued to book profits in recent outperformers ahead of a long weekend and next week's FOMC meeting, although no change in rates is expected at the meeting. The local markets will be closed on Monday for a public holiday. The benchmark BSE Sensex...

Indian shares fell on Friday as Biocon posted disappointing financial results for the fourth quarter and geopolitical worries intensified after U.S. President Donald Trump warned about a "major, major conflict" between the U.S. and North Korea. The benchmark BSE Sensex was down 95 points or 0.32 percent...

Indian shares look set to open on a flat note on Friday after biotechnology major Biocon reported fourth-quarter profit that missed estimates. Ambuja Cement, Federal Bank, IDFC and Raymond are among the prominent companies that will unveil their quarterly results later today. Shares of consumer...

Indian shares fell slightly on Thursday amid profit taking in recent outperformers on the eve of derivatives expiry. Global cues were mixed as U.S. President Donald Trump's long-touted tax plan for big corporate and personal tax cuts offered few details and investors looked forward to the ECB meeting...

Indian shares opened flat to slightly lower on Thursday after the highly anticipated tax plan outline released by U.S. President Donald Trump offered no specifics on how the tax cuts would be paid for without increasing the budget deficit. The benchmark BSE Sensex was down 20 points or 0.07 percent...

Indian shares may follow Asian peers lower on Thursday as U.S. President Donald Trump's tax cut plans fell short on details, pulling down U.S. Treasury yields and the dollar. Benchmark indexes in China, Hong Kong, Japan, South Korea and Taiwan are down between 0.2 percent and 0.9 percent. Amid lack...

Indian shares extended their record run on Wednesday and the rupee hit a 20-month high against the dollar as solid earnings, positive global cues and the MCD poll win for BJP bolstered investor sentiment. There were mixed reactions from leaders of different political parties after the BJP swept the...

Indian shares extended recent gains on Wednesday on the back of strong U.S. earnings and expectations that the Trump administration will unveil a new tax plan later today. The rupee also opened higher to breach the 64 mark against the dollar in early trade. The benchmark BSE Sensex was up 115 points...

Indian shares look set to open higher on Wednesday as oil prices resumed their downtrend, the dollar weakened and Wipro, the country's third largest IT services exporter, posted a marginal increase in its March quarter net profit and announced a 1:1 bonus issue. Banking stocks are likely to remain...

Indian shares followed global markets higher on Tuesday, with the Nifty index closing above 9,300-mark for the first time ever, as Reliance Industries' Q4 profit beat estimates and the rupee rose against the dollar on improved risk appetite following Emmanuel Macron's victory in the first round of the...

Indian shares extended gains from the previous session on Tuesday, with positive global cues and encouraging fourth-quarter earnings results from Reliance Industries buoying investor sentiment. The benchmark BSE Sensex was up 155 points or 0.52 percent at 29,811 after rising around 1 percent in the...

Indian shares look set to open higher at open after Reliance Industries beat street estimates with a 12.3 percent rise in its March quarter net profit, driven by higher refining and petrochemical margins. The company's turnover for the Jan-Mar quarter rose 45.2 percent from a year earlier. However,...

Indian shares rallied on Monday after centrist Emmanuel Macron won the first round of voting and moved ahead to the final round of French presidential election on May 7, helping ease concerns over political instability in Europe. The benchmark BSE Sensex climbed 290.54 points or 0.99 percent to finish...

Indian shares opened a tad higher on Monday amid improved global risk appetite after results from the first round of voting in the French presidential election on Sunday showed centrist Emmanuel Macron and far-right leader Marine Le Pen will contest a runoff vote for the French presidency on May 7. The...

Indian shares may rise on Monday amid improved global risk appetite after results from the first round of the closely-watched French presidential election showed presidential favorite Emmanuel Macron and far-right leader Marine Le Pen will contest a runoff vote for the French presidency on May 7. The...

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