Indian shares ended a choppy session notably lower on Tuesday, mirroring weak global cues as investors turned their focus to Fed chairman Ben Bernanke's Congressional testimony to Congress and the release of the Fed's May minutes due this Wednesday for cues on the outlook for interest rates.
Despite...
Indian shares are rising in early trading on Tuesday despite weak Asia cues. The Asian markets are broadly lower as investors shifted their focus to Fed Chairman Bernanke's testimony on the economic outlook to Congress and the release of the Fed's May minutes on Wednesday. The rupee is edging higher,...
Indian shares are seen opening little changed on Tuesday, tracking mixed global cues. State-owned lenders could be in focus after Finance Minister P. Chidambaram favored mergers in the banking industry to help create two-three global sized banks.
Indian shares reversed direction to end modestly lower...
Indian shares reversed direction to end modestly lower on Monday. With the rupee trading weak close to 55 levels, investors chose to take some profits off the table following recent sharp gains. The dominating factor at the moment is the strengthening of the U.S. dollar as signs of an improving U.S....
Indian shares rose on Monday, taking cues from global markets after Friday's data showed U.S. consumer sentiment rebounded to its highest level in nearly six years in early May.
The benchmark BSE Sensex is currently up 126 points or 0.62 percent at 20,412, while the broader Nifty index is at 6,220,...
Indian shares are set to open higher on Monday, mirroring firm global cues. Q4 results will continue to remain in focus, with SBI, Tata Steel, Larsen & Toubro and Jet Airways set to announce their earnings results this week.
Benchmark indexes Sensex and the Nifty rose modestly to end at their highest...
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...