Indian Market Commentary

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Indian shares hit fresh record highs on Wednesday, with sentiment aided by sustained buying by foreign funds. The benchmark indexes hit record highs for a third consecutive session, as capital goods and banking stocks rallied, offsetting weakness in the oil/gas and IT sectors. Global cues were mixed,...

The Indian markets opened on a flat note Wednesday, tracking mixed Asian cues after a private survey showed activity in the Chinese manufacturing sector contracted for a fourth straight month in April. Trading is confined to a tight range as investors adopt a cautious stance ahead of F&O expiry today...

Nifty futures on the Singapore Exchange are up slightly, indicating a flat-to-higher opening on Wednesday ahead of the expiry of April derivative contracts later in the day. Rupee movements would be watched closely after the currency extended its recent slide to hit a one-month low on Tuesday on persistent...

Indian shares ended marginally lower on Tuesday after hitting record highs for the second consecutive session earlier in the day. The benchmark indexes Sensex and Nifty hit record highs of 22,853 and 6,838 points, respectively, before erasing gains to finish largely unchanged with a negative bias. The...

The Indian markets opened modestly higher on Tuesday amid mixed Asian cues. Capital goods, realty and oil/gas stocks are rising sharply, while metal, banking and healthcare stocks are subdued. Asian stocks are turning in a mixed performance in the first full day's trade after the Easter break. The...

The Indian markets are poised to open higher on Tuesday, tracking firm global cues. That said, trading may be confined to a tight range ahead of the expiry of April series derivative contracts tomorrow and market holiday on Thursday in view of the parliamentary elections. On the earnings front, HDFC...

Indian shares rose modestly to hit fresh record highs on Monday, helped by hopes of continued foreign fund inflows. The benchmark 30-share BSE Sensex closed up 135.99 points or 0.6 percent at 22,764.83, with 18 of its components advancing. The broader CNX Nifty Index gained 38.25 points or 0.56 percent...

Indian shares rose modestly on Monday as trading resumed after a long weekend. The Asian markets are turning in a mixed performance amid the absence of catalysts, dampening investor sentiment to some extent. The benchmark 30-share S&P BSE Sensex is currently up 70 points or 0.31 percent at 22,700,...

Nifty futures on the Singapore Exchange are inching higher, indicating a positive start for markets as trading resumes after a long weekend. The benchmark indexes Sensex and Nifty rose sharply on Thursday, aided by short covering after top IT companies such as Infosys and TCS reported encouraging...

Indian shares rose sharply on Thursday after global ratings agency Standard and Poor's signaled it may upgrade India's rating outlook if the incoming government implements policies such as passing a goods and services tax that effectively addresses some of the credit weaknesses. Global cues remained...

The Indian markets followed Asian stocks higher on Thursday after U.S. industrial production grew more than forecast in March and Federal Reserve Chair Janet Yellen said the central bank will remain highly accommodative until employment and inflation reach healthier levels. The benchmark S&P BSE Sensex...

Indian shares are seen opening higher on Thursday, tracking firm global cues as investors digest comments from Federal Reserve Chair Janet Yellen on monetary policy and the economic outlook. IT stocks are likely to be in focus after Tata Consultancy Services, India's largest software services exporter,...

Indian shares extended declines for a third consecutive session on Wednesday, as concerns about rising inflation and private forecasts that India is bracing for a below-normal monsoon this year overshadowed firm global cues. Foreign institutional investors (FIIs) have turned net sellers after a 21-day...

Indian shares opened slightly higher on Wednesday, tracking firm Asian cues after two Dow components, Coca-Cola and Johnson & Johnson, reported better-than-expected quarterly numbers and data out of China showed the country's GDP growth slowed in the first quarter, increasing the chances of policy easing....

Nifty futures on the Singapore Exchange are drifting lower, indicating a subdued start to the Indian markets. The benchmark indexes Sensex and Nifty fell about 0.6 percent each on Tuesday, with rate-sensitive banking, auto and realty stocks pacing the declines, after official figures showed India's wholesale...