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Indian Market Commentary

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Indian stocks ended on a buoyant note on Friday after exit poll results predicted a win for the Bharatiya Janata Party in the recently held Gujarat and Himachal Pradesh state assembly elections.

asianmarketlow-121517.jpg Asian markets ended mostly weak on Friday, with uncertainty about the outlook for the Republican tax reform plan weighing on investor sentiment.

Buoyed by exit poll results that indicated a clear victory for BJP in Gujarat and Himachal Pradesh assembly elections, the Indian stock market opened on a rousing note Friday morning. Bank, automobile, and pharmaceuticals stocks are among the prominent gainers. The BSE benchmark Sensex opened with...

The Indian stock market is likely to see listless movements on Friday, tracking overnight weakness on Wall Street and the largely negative trend in the Asian region. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 64 points at the opening bell. However,...

Hectic buying in pharmaceuticals space and a few front-line stocks from automobile and banking sectors lifted key Indian stock indices Sensex and the Nifty50 to a positive close on Thursday. After a positive start, the market had faltered and lost further ground after data from the government showed...

After a slightly positive start and a subsequent upmove, the Indian stock market retreated and pared some early gains Thursday morning, with investors treading cautiously ahead of exit polls after the second phase of elections for the Gujarat State assembly today. Investors are also looking ahead...

Indian stocks are likely to open higher on Thursday, taking cues from fairly steady Asian markets, where the undertone is largely positive after the U.S. Federal Reserve announced an expected rate hike. Some bargain hunting and short-covering after two successive days of losses may help lift prices...

The Indian stock market ended lower on Wednesday, extending losses to a second successive session, as investors chose to take some profits after data released on Tuesday evening showed consumer price inflation to have risen steeply in November and pace of growth of industrial output to have slowed in October.

The Indian stock market opened on a cautious note with a negative bias Wednesday morning, as disappointing industrial production and retail inflation reports hurt sentiment. However, with a few front-line stocks finding support at lower levels, the key indices subsequently edged up into the positive...

Indian stocks are likely to open on a listless note Wednesday morning, with investors reacting to data on November consumer price inflation and industrial output report for October. A likely hike in the U.S. interest rates is also expected to weigh on the sentiment. Data released by the government...

Indian shares fell modestly on Tuesday after three days of strong gains and amid macro data on inflation and industrial output due later in the day. While a rise in crude prices rekindled inflation worries, global cues also remained muted ahead of key central bank meetings due this week as well as...

Indian shares opened modestly lower on Tuesday after three days of strong gains and amid macro data on inflation and industrial output due later in the day. The benchmark BSE Sensex was down 80 points or 0.23 percent at 33,377 in early trade while the broader Nifty index was down 28 points or 0.27...

Indian shares may open largely unchanged on Tuesday after three days of strong gains. Amid little positive triggers, investors now await cues from inflation and industrial output data for direction. Recent worries over fiscal deficit may ease somewhat after Finance Minister Arun Jaitley said the...

Firm global cues after the release of upbeat U.S. jobs data and progress in Brexit talks helped Indian markets finish higher for the third day running on Monday. The benchmark BSE Sensex climbed 205.49 points or 0.62 percent to 33,455.79 while the broader Nifty index finished up 56.60 points or 0.55...

Indian shares opened notably higher on Monday, mirroring positive global cues after stronger-than-expected U.S. job growth figures for November added to optimism about the world's largest economy. The benchmark BSE Sensex was up 155 points or 0.47 percent at 33,405 while the broader Nifty index was...

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