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Indian Market Commentary

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Indian financial markets remain closed today on the occasion of Maha Shivaratri festival. Benchmark indexes Sensex and the Nifty erased early gains to end on a flat note on Thursday, as the near month February 2017 derivatives contracts expired and investors locked in some profits ahead of the long...

Indian shares erased early gains to end on a flat note on Thursday, as the near month February 2017 derivatives contracts expired and investors locked in some profits ahead of the long weekend. The markets will remain closed on Friday on the occasion of Maha Shivaratri festival. The benchmark 30-share...

Indian shares opened slightly higher on Thursday and the rupee traded marginally higher against the dollar, even as minutes from the U.S. Federal Reserve's latest meeting showed board members are confident the economy can handle further tightening. The benchmark BSE Sensex was up 43 points or 0.15...

The positive momentum on Dall Street is set to continue despite minutes from the U.S. Federal Reserve's latest meeting showing board members are confident the economy can handle further tightening. The dollar firmed up following overnight losses and crude oil also rebounded after snapping a three-session...

Indian shares rose for a fifth consecutive session on Wednesday, as a record rally in index heavyweight Reliance Industries helped outweigh weakness in the IT sector. The benchmark S&P BSE Sensex gained 103.12 points or 0.36 percent to finish at 28,864.71. The broader Nifty index finished up 19.05...

Indian shares opened higher on Wednesday to extend gains for the fifth straight session as Reliance Industries shares rose sharply, a day after Reliance Jio Infocomm chairman Mukesh Ambani announced new tariff plans, including 20 percent more data than any rival from April. The benchmark Sensex was...

Indian shares are seen opening flat to slightly higher on Wednesday, a day after benchmark indexes Sensex and Nifty eked out modest gains to hit their highest level since September. Asian markets are mostly higher this morning after U.S. stocks rose again to reach fresh record closing highs overnight...

Indian shares hit their highest level since September on Tuesday even as global sentiment remained nervous amid French election worries, the lack of clarity on the policies of the new U.S. administration and uncertainty over the timing of Federal Reserve's next rate hike. The benchmark BSE Sensex...

Indian shares opened flat to slightly higher on Tuesday, with Hindalco, HCL Technologies, Tata Steel, Tech Mahindra and BPCL leading gainers. The benchmark BSE Sensex was up 4 points or 0.01 percent at 28,665 after rising about 0.7 percent on Monday, led by IT and telecom stocks. The broader Nifty...

Indian shares may follow their Asian peers higher on Tuesday after Greece and its international lenders agreed to resume negotiations over Greece's bailout review next week. Asian stocks held near 1-1/2-year highs and oil prices rose for a second day on data showing a decline in Saudi Arabian oil...

Indian shares rose notably on Monday, with IT and telecom stocks pacing gainers, as TCS' board approved a buyback of up to 5.6 crore equity shares and the latest buzz indicated the telecoms sector is on the brink of major consolidation. The benchmark 30-share BSE Sensex rose by 192.83 points or 0.68...

Indian shares were lackluster in early trade Monday, mirroring mixed global cues. The rupee was trading lower by 4 paise at 67.05 against the dollar as investors await further details from U.S. President Donald Trump on his economic policies. The benchmark BSE Sensex was down 9 points or 0.03 percent...

Indian shares looked set to open largely unchanged on Monday, mirroring sluggish Asian cues as investors await further details from U.S. President Donald Trump on his economic policies. Underlying sentiment may remain positive after the GST Council, at its 10th meeting on Saturday, ratified the draft...

Indian shares surged higher for the second day in a row on Friday to close near five-month highs, even as caution bled into global markets on uncertainties over the U.S. fiscal and monetary policies. The benchmark BSE Sensex climbed 167.48 points or 0.59 percent to 28,468.75, posting its fourth consecutive...

Indian shares opened notably higher on Friday despite mixed global cues. Investor sentiment improved somewhat after Finance Minister Arun Jaitley said the remonetization situation with regard to replenishing the scrapped currency is "almost normal" now and the RBI is monitoring cash position on a daily...

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