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Indian shares will hit a new record high by year-end despite being rated as expensive, strategists polled by Reuters said, citing high oil prices and election uncertainty as the biggest downside risks to the BSE Sensex. While the tit-for-tat tariff
Sensex, Nifty end lower on weak global cues
Indian shares fell on Monday as concerns about a global trade war turned investors cautious, with metals and information technology stocks coming under selling pressure. The broader Nifty ended down 0.17 percent at 10,799.85, while the benchmark Sensex closed 0.21
Sensex, Nifty steady amid weak global cues
Indian shares were little changed on Monday, as weak global cues made investors cautious, with gains in oil marketing firms due to lower crude oil prices offset by losses in pharmaceutical and metals stocks. Asia shares ex-Japan dropped on Monday
Sensex, Nifty end lower; pharma stocks drag
Indian equities pared early gains and ended lower for the first time in four sessions on Thursday, with shares of pharmaceutical companies such as Sun Pharmaceutical Industries losing further ground. The benchmark BSE Sensex closed down 0.21 percent at 35,246.27.
Premarket: 8 things to know before the bell
1. BT cuts 13,000 jobs: British media group BT (BT) said Thursday it will cut 13,000 jobs and leave its central London headquarters in order to save billions. The company said the cuts will be made over three years and
Indian shares were largely unchanged in dull trade on Thursday, with investors keeping to the sidelines ahead of elections in the southern state of Karnataka. Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) will be looking to gain a
Sensex rises; ICICI Bank, oil marketers gain
Indian shares edged up on Tuesday, aided by a surge in ICICI Bank on hopes of improvement in the private-sector lender’s asset quality after it announced March-quarter results post market hours on Monday. ICICI Bank rose as much as 7.57
Indian shares hit a near three-month high on Monday, in tandem with global markets, as technology shares gained and lenders rose on expectation of strong numbers from Housing Development Finance Corp and Kotak Mahindra Bank later in the day. Gains
Indian shares were slightly higher on Thursday, but sentiment was subdued ahead of the expiry of derivatives contracts and as investors awaited March-quarter results from private sector lenders Axis Bank and Yes Bank Ltd. The broader NSE Nifty was up
Indian shares rose on Monday, with software services exporter Tata Consultancy Services (TCS) crossing $ 100 billion in market capitalisation, which helped boost sentiment in IT stocks. TCS shares gained as much as 4.6 percent to hit a record high