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...
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...
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...
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...
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...
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...
Indian shares posted modest gains on Tuesday after government data showed India's headline inflation slowed for a third straight month in April, allowing room for the RBI to extend monetary easing to revive flagging growth. Inflation based on the wholesale price index slowed to a 41-month low of 4.89...
Indian shares are little changed in early trading on Tuesday following the previous session's selloff. Investors await wholesale inflation data due out later in the day for direction. Other Asian markets are trading mostly lower, reversing early gains, with Chinese shares bearing the brunt of the selling...
Trading in Singapore Nifty futures suggest a higher start following the previous session's selloff. That said, investors await wholesale inflation data due out later in the day to see if there is headroom for further monetary easing. Meanwhile, the RBI is unlikely to take any view based on April trade...
Indian shares fell sharply on Monday after data showed India's trade deficit widened in April to $17.8 billion from $14 billion last year due to a massive surge in gold imports, as retail consumers took advantage of lower prices to buy more gold.
Gold and silver imports rose by 138 percent to $7.5...
Indian shares are subdued in early trading on Monday, tracking weak Asian cues as investors await a slew of Chinese data for direction. Also, risk appetite diminished somewhat due to selling in commodities triggered by a strong dollar amid speculation that the Federal Reserve has a plan for unwinding...
Indian shares are seen opening largely unchanged on Monday, tracking mixed Asian cues. Investors will closely watch consumer inflation data due out later today and wholesale inflation numbers slated for release tomorrow to see if the RBI has room for further policy easing as the UPA government gears...
Positive global cues and better-than-expected factory output numbers helped Indian shares end notably higher on Friday. The benchmark BSE Sensex closed up 144 points or 0.72 percent at 20,083, its highest closing level in nearly 3-1/2 months, after government data showed India's industrial output grew...
Indian shares edged higher on Friday, mirroring gains in other Asian markets on optimism the U.S. economic recovery is gaining momentum after overnight data showed weekly jobless claims fell to a five-year low last week. Closer home, investors await consumer inflation and factory output data later in...
Indian shares are seen opening largely unchanged on Friday, as investors await consumer inflation and factory output data later in the session for clues on the outlook for interest rates and the health of the economy.
Indian shares eased on Thursday, as investors adopted a cautious stance following...