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Indian Market Commentary

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Indian shares rose on Friday, although benchmark indexes ended off their day's highs amid caution ahead of a key U.S. vote on healthcare plan due tonight intended to repeal and replace the Affordable Care Act. If the vote on the replacement fails, it would cast doubt on U.S. President Donald Trump's...

Indian shares opened slightly higher on Friday, mirroring firm global cues even as Republicans postponed a vote on U.S. President Donald Trump's replacement healthcare plan amid indications of a lack of support for the legislation. The bill is now rescheduled for Friday. The benchmark BSE Sensex...

Indian shares rose notably on Thursday after falling heavily in the previous session. Positive global cues, a marginally strong rupee and hopes that the government will implement the GST tentatively from July supported underlying sentiment as investors awaited a key vote on healthcare reform in the United...

Indian shares were moving sideways on Thursday after opening notably higher earlier in the day, tracking firm Asian cues even as U.S. President Donald Trump struggled to push through a healthcare bill. The benchmark BSE Sensex was up 103 points or 0.35 percent at 29,271 after tumbling 1.1 percent...

Indian shares look set to open a tad higher on Thursday after the previous session's selloff. Sounding optimistic about economic growth, Finance Minister Arun Jaitley on Wednesday said that India's GDP can grow by 7-8 percent if the global economy picks up. He also said the government was hopeful...

Sluggish global cues coupled with profit taking after recent sharp gains led to heavy selling on Wednesday, dragging benchmark indexes down about 1 percent. The BSE Sensex fell 317.77 points or 1.08 percent to 29,167.68 while the broader Nifty index ended down 91.05 points or 1.00 percent at 9,030.45. While...

Indian shares fell in early trade on Wednesday, extending losses for the third straight session, as doubts grew about U.S. President Donald Trump's economic growth agenda and the U.S. military detected a failed North Korean missile launch attempt. The benchmark BSE Sensex was down 194 points or 0.66...

Indian shares recovered from the day's lows to close marginally lower on Tuesday, extending losses for the second straight session. The benchmark BSE Sensex ended down 33 points or 0.11 percent at 29,485, while the broader Nifty index dropped 5 points or 0.06 percent to finish at 9,121. Shares...

Indian shares opened on a flat note on Tuesday amid muted global cues. Underlying sentiment remained supported somewhat after the Union Cabinet on Monday approved four GST draft Bills, which will now be tabled in Parliament's ongoing budget session. The benchmark BSE Sensex was up 8 points or 0.03...

Indian shares may open a tad higher on Tuesday, tracking firm Asian markets as the dollar continued to slide in the wake of fresh comments from Fed officials that the pace of interest rate hikes in 2017 would be slow than what investors had feared earlier. Oil prices also remain muted on supply concerns. Benchmark...

Indian shares followed Asian and European peers lower on Monday as oil futures extended losses on supply concerns and investors awaited a raft of speeches by Federal Reserve officials this week for clues about the global interest rate outlook. Investors were also disappointed by the outcome of the...

Indian shares opened lower on Monday as investors locked in some profits after recent sharp gains. Mixed global cues and caution ahead of the Cabinet's decision to approve supporting GST legislations also kept investors nervous. The benchmark BSE Sensex was down 138 points or 0.47 percent at 29,510...

Indian shares look set to open lower on Monday after Prime Minister Narendra Modi and BJP chief Amit Shah chose saffron hardliner Yogi Adityanath to be the chief minister of UP, overshadowing the development agenda and bringing Hindutva to the fore ahead of the 2019 Lok Sabha polls. Global cues also...

Indian shares pared early gains to end marginally higher on Friday as the rupee weakened and caution crept in ahead of a G20 finance ministers' meeting set to be dominated by debate on protectionism. The benchmark BSE Sensex ended up 63 points or 0.21 percent at 29,649 after hitting as high as 29,824.62...

Indian shares extended gains from the previous session on Friday after the Goods and Services Tax (GST) Council cleared all legislations required for marking a big step forward in India's plans for a countrywide rollout of the new tax regime from July. The rupee weakened marginally after ending at...

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