logo

Indian Market Commentary

Share SHARE

Indian shares rose for a fourth consecutive session on Friday, with firm global cues and continued strength in rupee on the back of fresh foreign capital inflows supporting underlying sentiment. The BSE Sensex rallied 286.92 points or 1.09 percent to settle at 26,653.60 and the broader Nifty index...

Indian shares opened notably higher on Friday to extend gains for the fourth consecutive session. The rupee gained for the third day and was up 12 paise at 67.05 per dollar, tracking gains in global equities as the dollar index turned lower ahead of a speech from Fed Chair Janet Yellen and the second...

Indian shares look set to open a tad higher on Friday, helped by positive global cues and a rising trend in rupee amid fresh foreign fund inflows. Sounding upbeat about India's economic prospects, global rating agency Fitch said India's GDP growth would slowly accelerate to 8 percent by fiscal year...

Indian shares rose for the third day in a row on Thursday, with benchmark indexes Sensex and the Nifty climbing nearly 2 percent each, as expectations of a good monsoon, stellar results posted by L&T and the government's decision to approve the first-ever policy for the capital goods sector to boost...

Indian shares traded higher for the third straight day on Thursday, with positive global cues and better-than-expected quarterly results from Larsen & Toubro boosting investor sentiment ahead of the F&O contract expiry. The rupee rose marginally to 67.28 per dollar after rebounding to close at a...

Positive global cues may help Indian shares open a tad higher on Thursday ahead of F&O expiry. Capital goods stocks could be in focus after the Union Cabinet approved the country's first-ever National Capital Goods Policy (NCGP) as part of efforts to boost the manufacturing sector in the country. On...

Indian shares posted strong gains on Wednesday as hopes of better monsoon rains combined with positive global cues on the back of robust U.S. housing data, and easing Brexit and Greek worries triggered heavy short-covering by speculators ahead of the F&O contract expiry on Thursday. Morgan Stanley...

Indian shares followed global peers higher on Wednesday as Brexit concerns eased and Eurozone finance ministers approved in principle a reform package for Greece that will unblock new loans. The Indian rupee opened higher by 12 paise at 67.63 per dollar after Deutsche Bank pegged India's GDP growth...

Indian shares are set to open sharply higher on Wednesday, taking cues from strong gains in the U.S. and European markets overnight and a firm trend in Asia this morning, even as the dollar index hit a two-month high on expectations of a Fed rate hike in June or July. Benchmark indexes Sensex and...

Indian shares ended a choppy session modestly lower on Monday, as mixed global cues and weakness in rupee for the seventh consecutive session dampened investor sentiment ahead of the expiry of May series derivative contracts due on Thursday. Markets started off on a positive data but gave up all...

Indian shares opened a tad higher on Monday, following a solid session on Wall Street Friday and a firm trend in Asia this morning. The Indian rupee also opened higher by 14 paise at 67.30 per dollar as worries about Fed rate hikes eased somewhat. The BSE Sensex was up 57 points or 0.23 percent at...

India's benchmark indexes Sensex and the Nifty may open higher on Monday after ending down about 0.8 percent each to hit two-week lows last week on concerns over revised norms on participatory notes and more interest rate rises in the United States. Besides global cues, trading in the week ahead will...

Indian shares fell on Friday, even as Asian and European markets recovered some of their previous session's losses coming in the wake of concerns about another U.S. rate hike in the near term and the disappearance of an EgyptAir flight. Oil and metal prices rebounded and the dollar held gains against...

Indian shares opened marginally higher on Friday as other Asian markets recovered after a subdued start in response to hawkish comments from Fed officials. The rupee also eked out marginal gains after plummeting by 39 paise to hit an over two-month low of 67.36 a dollar in the previous session. The...

Indian shares may open a tad higher on Friday, tracking firm Asian cues despite hawkish comments from more Fed officials. The dollar held firm versus the euro and yen, and oil prices rose in early trading on worries about Canadian and Nigerian supply outages and shale bankruptcies in the United...

Follow RTT