Indian Market Commentary

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India's benchmark indexes Sensex and Nifty hit fresh record closing highs on Friday, with banks spearheading the rally after Kotak Mahindra Bank agreed to buy mid-sized lender ING Vysya Bank in an all-share transaction to create India's fourth largest lender. Positive global cues and hopes that the long-pending...

Indian shares rose notably in early trading on Friday despite mixed global cues. The Asian markets are swinging between gains and losses despite another record close on Wall Street overnight as positive data on home sales, jobless claims and manufacturing reinforced investors' optimism about the world's...

Indian shares look set to open on a flat note Friday amid mixed global cues. The rupee's movement will be watched closely after the currency tumbled to a nine-month low yesterday, tracking broad dollar strength on expectations that the U.S. Federal Reserve will probably hike interest rates in 2015. The...

Indian shares closed marginally higher on Thursday after trading in the red for most part of the day due to profit taking amid weak global cues and slowing buying activity from foreign funds. The benchmark S&P BSE Sensex reversed early losses to end the session up 34.71 points or 0.12 percent at...

Indian shares opened on a flat note Thursday, tracking mixed global cues. U.S. stocks fell slightly overnight after minutes from the Federal Reserve's October meeting offered little hint on the timing of the first interest-rate increase. The Asian markets are turning in a mixed performance as fresh data...

Indian shares are seen opening largely unchanged on Thursday, tracking mixed global cues. The benchmark indexes Sensex and Nifty hit fresh record highs before closing down about half a percent each on Wednesday, as weak global cues prompted investors to take some profits off the table following recent...

Indian shares fell on Wednesday as weak global cues prompted investors to take some profits off the table following recent sharp gains. After hectic buying recently, foreign investors turned net sellers to the tune of Rs. 102 crore on Tuesday, provisional data released by BSE showed, raising concerns...

India's key benchmark indexes drifted lower on Wednesday after climbing to fresh record highs for the third successive session earlier in the day. The benchmark S&P BSE Sensex and the broader CNX Nifty are largely unchanged after climbing to fresh record highs of 28,294 and 8.455 in opening deals....

Indian shares are seen opening higher on Wednesday after ending a choppy session on a flat note yesterday. The Dow and S&P 500 closed at record highs last night and European stocks also posted solid gains as encouraging news from Germany and Japan helped revive investors' risk appetite. Closer home,...

Indian shares erased early gains to end on a flat note Tuesday, as weakness in the IT, realty and consumer durable sectors offset gains in capital goods, metal and power stocks. The benchmark S&P BSE Sensex climbed to a fresh record high of 28,282.85 in early trading before giving up all gains to...

Indian shares rose marginally on Tuesday, with key benchmark indexes Sensex and Nifty hitting fresh record highs for the second straight session, aided by strong capital inflows. The Asian markets are turning in a mixed performance, with Japanese shares rebounding after Monday's sell-off as investors...

Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could open flat to slightly lower at the opening bell. That said, underlying sentiment is expected to remain positive amid continued capital inflows. Global cues are mixed after European Central Bank (ECB) President...

The Indian markets erased early losses to end higher on Monday, led by gains in auto, power, consumer durable and oil/gas stocks. The markets opened on a subdued note, tracking weak cues from Asian markets as shockingly poor GDP data out of Japan raised doubts about Abenomics. Japan's gross domestic...

Indian shares fell in early trading Monday, tracking weak Asian cues as data showed the Japanese economy slipped into recession in the third quarter after a second straight quarter of contraction, setting the stage for Prime Minister Shinzo Abe to delay another sales tax hike and call snap elections....

Indian shares are likely to open on a flat note Monday as indicated by futures trading on Singapore Stock Exchange. Hopes of an early rate cut pushed the benchmark indexes Sensex and Nifty above 28,000 and 8,400, respectively last week, although overall gains during the week were marginal after recent...