Indian Market Commentary

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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...

Indian shares fell sharply on Tuesday, with rate-sensitive banking, auto and realty stocks pacing the declines, after official figures showed India's wholesale price inflation hit a three-month high of 5.7 percent in March, driven mainly by higher food and fuel costs. Economists expected the index to...

Indian shares opened modestly lower on Tuesday as investors digested weak IIP figures and await inflation data for direction. The Asian markets are trading mostly higher after upbeat retail sales data and positive earnings from financial giant Citigroup Inc. helped Wall Street rebound from two days...

Nifty stock futures in Singapore are trading higher, indicating a positive open on Tuesday as traders resume trading after a long weekend. Investors eagerly await Infosys' results and inflation data for further direction after IIP data dented recovery hopes. India's industrial production contracted 1.9...

Indian shares fell modestly on Friday after technology stocks led a global downturn. Weak trade data domestically and caution ahead of industrial output data due out later in the day also weighed on the markets. The stock exchanges will be closed on Monday on account of Dr. Baba Saheb Ambedkar Jayanti. India's...

Indian shares fell on Friday after the Nasdaq Composite suffered its biggest drop in two-and-a-half years overnight amid heavy selling in technology and biotech stocks. The Asian markets are following suit, with Japan's Nikkei Index tumbling over 2 percent to a six-month low, while the key benchmark...

Indian shares are seen opening lower on Friday in the wake of another sell-off on Wall Street overnight as investors sold off technology and biotech stocks. IT stocks such as TCS, Infosys and Wipro will be in focus after outsourcing services firm iGate reported a 9 percent fall in first-quarter net profit,...

Indian shares ended largely unchanged on Thursday after hitting record highs in intraday trading. Global cues were mixed, with Asian stocks rising broadly, while the European markets drifted lower erasing early gains. The benchmark S&P BSE Sensex hit a record high of 22,792.49 in the morning before...

Indian shares edged higher on Thursday, although gains remain modest following the previous session's sharply rally and amid mixed Asian cues. The Asian markets are turning in a mixed performance after official data showed China's exports and imports unexpectedly fell in March, underscoring recent...

Nifty futures on the Singapore Exchange are drifting lower, indicating a lower opening following the previous session's sharp rally. However, underlying sentiment would remain positive after minutes from the Fed's March 18-19 meeting showed a clear dovish tilt among policy makers on interest rate increases....