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Indian Market Commentary

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The Indian markets closed marginally lower on Thursday, as disappointing quarterly results from Tata Steel, downbeat manufacturing data out of China and renewed worries over Greece offset investor optimism that the Federal Reserve is unlikely to raise interest rates anytime soon. The rupee, however,...

The Indian markets opened on a flat note on Thursday, tracking mixed global cues and broad dollar strength after the closely-watched Fed meeting minutes contained no outright surprises. The markets elsewhere across the Asia-Pacific region are mostly lower after a private survey showed activity in...

The Indian markets are likely to open higher on Thursday after the closely-watched Fed meeting minutes contained no outright surprises. Sentiment may also be aided after the government on Wednesday constituted a three-member committee under retired judge A.P. Shah to look into minimum alternate tax (MAT)...

The Indian markets rose notably on Wednesday, supported by gains in technology and financial stocks. Oil prices slumped overnight on fears of oversupply and provisional data showed that foreign portfolio investors have turned net buyers in Indian equities after the recent selling spree, helping buoy...

Indian shares edged higher on Wednesday after oil prices fell more than 3 percent overnight in the latest sign that the recent rally in crude prices may have peaked. The rupee opened marginally lower at 63.77 per dollar as better-than-expected U.S. housing data helped revive Fed rate hike expectations....

The Indian markets are likely to open higher on Wednesday as oil and gold prices slipped. Lower oil prices and weaker gold demand would have a positive impact on India's current account deficit and the government's subsidy burden at a time when the Modi government is trying to cut subsidy leakages and...

The Indian markets ended a choppy session marginally lower on Tuesday as traders took profits in banking, oil/gas and FMCG stocks at higher levels after two successive days of gains. Global cues were mostly positive as investors were optimistic about the prospects of a Greek debt deal and weak U.S....

The Indian markets opened lower on Tuesday as caution set in after two successive days of gains. The Asian markets are turning in a mixed performance and the rupee edged lower on persistent worries that Greece may miss debt repayments next month. The benchmark index BSE Sensex is currently down 104...

The Indian markets look set to open lower on Tuesday after sharp gains yesterday. Global cues remain mixed and Brent crude prices slid in Asian deals, while the dollar rebounded after recent selling. The benchmark indexes Sensex and Nifty jumped about 1.3 percent each on Monday as tepid inflation...

The Indian markets rose sharply on Monday as tepid inflation data released last week and the India Meteorological Department's (IMD) prediction of a timely start to the monsoon bolstered hopes for a rate cut when the RBI meets to review its policy on June 2. Finance Minister Arun Jaitley told PTI on...

Asian stocks turned in a mixed performance on Monday as weak U.S. data and signs of continuing downturn in the Chinese real estate market offset positive core machinery orders data from Japan. Investors also kept an eye on Greece after Prime Minister Alexis Tsipras said he won't strike a deal with bailout...

The Indian markets opened on a positive note on Monday even as other Asian markets remain lackluster following a muted finish on Wall Street Friday. The rupee opened marginally higher at 63.45 versus Friday's close of 63.51 per dollar as downbeat U.S. data dispelled fears of an earlier-than-expected...

The Indian markets look set to open flat to slightly higher on Monday after posting small gains last week. The rupee is also expected to open higher, tracking weakness in the dollar in overseas markets as downbeat U.S. data dispelled fears of an earlier-than-expected rate hike by the U.S. Federal Reserve. Closer...

The Indian markets rose on Friday, with positive global cues and rate cut hopes driving stock prices higher. The benchmark S&P BSE Sensex rose 117.94 points or 0.43 percent to 27,324, led by gains in banks and automakers. The broader CNX Nifty index closed up 38.15 points or 0.46 percent at 8,262.35....

The Indian markets opened higher on Friday, as global bond markets stabilized and a report showing an unexpected drop in U.S. producer prices fueled hopes the Federal Reserve will not hike interest rates soon. The Asian markets are turning in a mixed performance despite positive cues from Wall Street...

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