logo

Indian Market Commentary

Share SHARE

Indian shares posted modest gains on Wednesday, with the NSE Nifty index hitting its highest level in over 15 months, after a meeting between Finance Minister Arun Jaitley and his counterparts from the states resulted in some headway on the GST Bill. Investors also pinned hopes on further Bank of...

Indian shares opened on a firm note on Wednesday amid hopes that the Goods and Services Tax (GST) constitutional amendment bill may be passed in Parliament's ongoing monsoon session. Positive global cues also offered some support. The benchmark BSE Sensex was up 142 points or 0.51 percent at 28,119...

Indian shares look set to open slightly higher on Wednesday after a meeting between Finance Minister Arun Jaitley and his counterparts from the states resulted in some headway on the GST Bill. If media reports are to be believed, states have backed the government's decision not to include the GST rate...

Indian shares fell slightly on Tuesday as investors locked in some gains after a strong rally in the previous session. Weakness in rupee ahead of a state ministers' meeting to discuss the GST Bill and mixed global cues before key central bank meetings in the U.S. and Japan also kept investors on edge....

Indian shares opened on a flat note on Tuesday and the rupee opened marginally lower at 67.41 per dollar, as caution gripped global markets ahead of policy meetings by the Federal Reserve and Bank of Japan this week. Meanwhile, in a fresh bid to push the GST Bill, Finance Minister Arun Jaitley will...

Indian shares may open largely unchanged on Tuesday as global sentiment turned cautious ahead of policy meetings by the Federal Reserve and Bank of Japan this week. That said, the downside, if any, could be limited in the wake of reports that retirement fund body EPFO is likely to consider a proposal...

Indian shares rallied on Monday, with fairly positive global cues and sustained foreign fund inflows on optimism over the passage of the GST (Goods and Services Tax) Bill in Parliament's ongoing monsoon session underpinning investor sentiment. The benchmark S&P BSE Sensex climbed 292.10 points or...

Indian shares fell slightly on Monday as investors awaited key central bank meetings in the U.S. and Japan due later in the week. The rupee opened down 11 paise at 67.19 as the dollar index hit a more than four-month high in overseas markets ahead of Wednesday's highly-anticipated Federal Reserve...

Indian shares are seen opening flat to slightly higher on Monday, tracking positive global cues. Benchmark indexes Sensex and the Nifty fell marginally last week as investors digested mixed earnings results and awaited progress on the GST Bill. The government is likely to list the much-delayed GST...

Indian shares eked out modest gains on Friday, as hopes for the passage of the GST Bill in the ongoing monsoon session of Parliament, higher operating margins reported by ITC at its cigarette business and gains in rupee amid increasing foreign fund inflows helped offset mixed global cues. The benchmark...

Indian shares swung between gains and losses in early trade Friday as investors moved to the sidelines ahead of next week's Fed and BOJ meetings. Asian stocks were mostly lower in the wake of BOJ Governor Haruhiko Kuroda's remarks in an interview ruling out use of "helicopter money" to combat deflation....

Indian shares look set to open slightly lower on Friday, tracking weak global cues as mixed earnings reports and fading stimulus hopes dented investor sentiment. ITC shares could be in focus after its quarterly revenue and operating profit growth came in slightly lower than expectations. Biotechnology...

Indian shares fell notably on Thursday as investors awaited the European Central Bank meeting later in the day and looked for progress on the GST Bill. Hopes remain high that the long-pending indirect tax reform bill would be taken to a logical conclusion in the ongoing monsoon session, which ends...

Indian shares opened on a flat note Thursday amid growing bets of a U.S. rate rise as early as September. The focus also turned to the ECB rate-setting meeting later today, although the central bank is not expected to make any changes to its monetary policy. The benchmark BSE Sensex was up 13 points...

Indian shares are likely to open largely unchanged on Thursday despite positive cues from global markets. The Japanese yen weakened, crude prices recovered and gold hit a three-week low as positive earnings updates from prominent U.S. companies such as Intel, eBay and American Express helped ease concerns...

Follow RTT