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Indian Market Commentary

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Indian shares posted strong gains on Friday, with rate-sensitive stocks leading the rally, amid bets the Reserve Bank of India (RBI) will deliver a widely expected interest rate cut, when it unveils its credit policy on Tuesday. Investors also awaited GDP data due out later in the day for further direction....

The Indian markets opened modestly higher on Friday as investors look forward to the release of fourth-quarter GDP data due out later in the day. Global cues remain sluggish, with the U.S. markets falling slightly overnight on concerns over Greece and amid the release of mixed earnings reports, while...

The Indian markets are likely to open slightly lower on Friday, mirroring weak global markets. Amid a lack of fresh triggers, investors await GDP data for the fourth quarter due out later today and the upcoming RBI policy meet on June 2 for further direction. On the earnings front, Coal India missed...

The Indian markets fell modestly on Thursday, with the Nifty index closing lower for the fourth straight day, as investors adopted a cautious stance on the eve of the expiry of monthly derivative contracts. The benchmark BSE Sensex ended down 57.95 points or 0.21 percent at 27,506.71, giving up early...

Indian shares opened higher on Thursday, with sentiment aided by positive global cues and a further retreat in oil prices overnight. Nevertheless, investors seem to be adopting a cautious stance ahead of today's F&O contract expiry. The Indian rupee also opened marginally higher at Rs 63.93 versus Wednesday's...

Indian shares are seen opening higher on Thursday, tracking the firm trend in their Asian peers, as worries about Greece receded and oil prices reversed early gains to end down about 3 percent for a second straight day yesterday on concerns over the global supply glut. That said, markets may turn volatile...

The Indian markets closed on a flat note on Wednesday as expectations that the Reserve Bank of India (RBI) will likely cut rates once again on June 2 helped offset some disappointing earnings and worries over the pace of future Fed rate hikes. After cutting rates twice this year, the RBI is widely...

Indian shares fell on Wednesday, as disappointing quarterly results from companies such as Tata Motors and Tech Mahindra and weak global cues on growing worries that the Federal Reserve will raise rates sooner rather than later sapped investors' appetite for risk. The Indian rupee has breached the...

The Indian markets are set to open lower on Wednesday, tracking a sell-off in global markets as a slew of upbeat U.S. data fueled expectations that the Federal Reserve will raise rates sooner rather than later. The Asian markets are declining across the board and the dollar extended overnight gains...

The Indian markets fell for a second consecutive session on Tuesday against the backdrop of Fed rate hike concerns. Rupee weakness, weak quarterly earnings from a slew of companies and worries over Greece's ongoing debt woes also dampened investor sentiment as the Narendra Modi-led NDA government completed...

Indian shares opened on a flat note on Tuesday as investors await key U.S. data, including reports on May durable goods and April consumer confidence, due out later today for further clues on the Fed policy outlook. U.S. Federal Reserve Vice Chairman Stanley Fischer said on Monday that central bankers...

The Indian markets look set to open on a flat note on Tuesday after key benchmark indexes Sensex and Nifty fell the most in two weeks yesterday. The Sensex and Nifty fell more than 1 percent each on Monday, as the dollar strength on the back of Friday's better-than-expected U.S. inflation data and comments...

The Indian markets fell sharply on Monday after Federal Reserve Chairwoman Janel Yellen hinted that it would be appropriate to raise interest rates at some point this year, as long as economic activity picks up. U.S. bond yields rose and the dollar strengthened against major rivals on the back of Friday's...

Indian shares fell in early trading on Monday, tracking mixed global cues. The benchmark indexes Sensex and Nifty are currently down about 0.4 percent each, led by losses in Tata Steel, ITC, Asian Paints, Ambuja Cements and Vedanta. The Indian rupee opened marginally lower at 63.62 per dollar after...

The Indian markets are likely to open flat to slightly higher on Monday, tracking firm Asian cues. Shares of ITC could be in focus after the country's largest cigarette maker posted a weak set of numbers for the March quarter due to a fall in volumes amid a government push to discourage tobacco consumption. The...

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