Asian Market Commentary

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Indian shares rose for a fourth straight session, driven by renewed FII buying. The benchmark 30-share BSE Sensex ended a choppy session up 39 points or 0.19 percent higher at 20,286, with 16 of its components advancing. The broader Nifty index rose 17 points or 0.28 percent to 6,187. Power, capital...

stock-market-9_17May13.jpg Asian stocks ended mostly higher on Friday despite concerns about the state of the U.S. economy and uncertainty over the prospects of the Fed winding down its bond-buying program. Trading volumes, however, remained thin due to holidays in Hong Kong and Seoul. The dollar held firm near a 10-month against...

Indian shares are little changed on Friday, as investors paused for breath following three days of successive gains. Other Asian markets are trading mostly higher despite fresh concerns about the state of the U.S. economy. Benchmark indexes in New Zealand and Singapore are subdued, while stocks elsewhere...

Asian markets are trading in positive territory on Friday with investors indulging in some selective buying, despite weak cues from Wall Street where stocks ended lower overnight amid some disappointing economic data. Financial, mining and energy stocks are trading firm in the Australian market. The...

Indian shares may crawl higher on Friday, extending recent gains, as foreign institutional investors (FIIs) continue to pump in liquidity into the markets. FIIs bought shares worth over Rs. 1,070 crore yesterday on a net basis, provisional data from stock exchanges showed. Benchmark indexes Sensex and...

After opening notably lower on Friday due to profit taking, the Japanese market pared some losses subsequently with the yen's slight decline triggering some buying at lower levels. However, with several front line stocks reeling under a fresh bout of selling pressure on the back of a disappointing...

Despite a weak lead from Wall Street where stocks edged lower overnight on some weak economic data, the Australian market is trading higher on Friday with investors picking up mining, energy and financial stocks. The benchmark S&P/ASX 200 index is up 14.1 points or 0.3 percent at 5,179.8. The broader...

Despite positive cues from Wall Street, where stocks ended higher overnight, Asian stock markets are exhibiting a mixed trend on Thursday. Though most of the markets in the region opened on a buoyant note, some of them retreated soon with investors choosing to take some profits, cashing in on recent...

The Japanese stock market opened higher on Thursday and the Nikkei rose to 15,155, its highest level since late December 2007, as stocks moved up in early trades, buoyed by an encouraging GDP report and the overnight gains on Wall Street. However, the market retreated swiftly, with a stronger yen...

After edging higher in early trades, the Australian stock market is trading slightly weak on Thursday, with investors taking some profits at some counters. Selling in resources stocks following a weak trend in commodities prices is also contributing to the market's decline from higher levels. Consumer...

Indian shares rallied to a 28-month high on Wednesday, buoyed by rate cut hopes after RBI Governor D Subbarao said the central bank will take note of falling inflation when discussing potential interest rate cuts. Rate-sensitive realty, banking and auto stocks spearheaded the rally, while IT stocks...

stock-up_15May13.jpg Asian stocks rose broadly on Wednesday on optimism over growth in the U.S. economy. Japan's Nikkei index rallied to end above the 15,000 mark for the first time since December 2007 on further weakening of the yen and India's Sensex rallied over 2 percent to regain the 20,000 mark on growing hopes of...

Indian shares rose sharply on Wednesday, with rate-sensitive realty, banking and auto stocks spearheading the rally, after Reserve Bank of India Governor Duvvuri Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate...

Asian stock markets are mostly trading higher on Wednesday with the overnight positive close on Wall Street aiding sentiment. However, with investors looking to take some profits after recent gains, most of the markets came off their highs and are currently trading just marginally up in positive territory....

Indian shares are seen opening higher on Wednesday, mirroring firm global cues. Sentiment could improve as RBI Governor D Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate cuts. High retail inflation is a cause...