Indian IT Stocks Rise Up to 3.5%; Nifty IT Gains 9% in 3 Days
Indian IT stocks rallied in morning trade as investors responded to strong quarterly results, improving sentiment around AI services and a weaker rupee. HCLTech led gains.
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INDIA STOCKS — IT, financials lead Indian shares higher; hot US inflation caps gains
(Updates for morning trade) By Bharath Rajeswaran Oct 15 (Reuters) — Indian benchmark shares rose on Thursday due to upbeat sentiment from the ongoing quarterly earnings season, led by IT, financials and Reliance Industries, while hot US inflation data raised bets of another Federal Reserve rate hike this year and capp
INDIA STOCKS — IT leads Indian shares higher; hot US inflation caps gains
(Updates for markets open) Oct 15 (Reuters) — Indian shares opened marginally higher on Thursday, led by information technology stocks, while hot US consumer price inflation raised expectations of another rate hike by the Federal Reserve this year and capped gains. The Nifty 50 rose 0.27% to 22,683.3, while the BSE Sen
INDIA STOCKS — Indian shares on track for muted open as oil prices, foreign outflows weigh
Oct 14 (Reuters) — Indian shares are poised for a muted start on Wednesday after logging gains in the previous session, with rising oil prices and sustained foreign outflows weighing on sentiment while investors assess corporate earnings. GIFT Nifty futures were at 22,764 at 7:50 a.m. IST, indicating a muted start for
INDIA STOCKS — Indian benchmark shares jump as encouraging HCLTech earnings propel IT buying
(Updates for market close) By Vivek Kumar M Oct 13 (Reuters) — Indian benchmark shares rose on Tuesday, led by the IT index's biggest one-day gain in more than 17 months after estimate-beating results from HCLTech and as the central bank's support for the rupee boosted sentiment. The Nifty 50 rose 1.6% to 22,721.95 and
INDIA STOCKS — Indian shares rise, led by IT gains after strong HCLTech earnings
(Updates for morning trade) By Vivek Kumar M Oct 13 (Reuters) — Indian equities rose in early trade on Tuesday, as better-than-expected earnings from software exporter HCLTech spurred investors to pick up beaten-down IT stocks with the central bank's support for the domestic currency also easing sentiment. The Nifty 50
INDIA STOCKS — Indian shares flat at open as inflation strengthens rate — hike concerns
(Updates for market open) Oct 13 (Reuters) — Indian equities opened flat on Tuesday as investors monitored Middle East tensions and elevated crude oil prices, while a faster-than-expected rise in retail inflation strengthened the case for further interest rate hikes. The Nifty 50 held its ground at 22,377.05, while the
India stocks fall as RBI hikes repo rate to 5.5%, flags inflation risks
Indian shares snapped two days of gains on Wednesday, with the benchmark indexes falling after the central bank raised interest rates by 25 basis points to 5.5% and shifted its policy stance to calibrated tightening, citing inflation risks. The rupee weakened against the dollar and bond yields rose.
Indian stocks gain ahead of RBI rate decision, led by banks
Indian shares extended gains on Tuesday, driven by banks and fashion retailer Trent, with supportive global cues aiding sentiment ahead of the central bank's policy decision on Wednesday. The Nifty 50 rose 0.98% to 22,776.10, and the Sensex gained 0.95% to 73,067.81.
India stocks rise led by banks, Trent on quarterly updates
Indian shares edged higher, with the Nifty 50 up 0.35% and the Sensex up 0.34%. Banks and Trent led the gains on positive quarterly updates, while global cues and anticipation of a central bank policy decision supported sentiment.
Indian shares hit near six-month low as US-Iran deadlock lifts oil
Nifty 50 fell 1.16% and Sensex 1.18% as Brent crude rose 2.3% to about $106.7 a barrel.
EMERGING MARKETS — Asian currencies fall the most since May as oil prices, bond rout bite
MSCI EM currencies index marks biggest intraday drop since mid-May Indonesian rupiah weakens to as much as 17,900 MSCI EM Asia equities index slips 0.8% Jakarta stocks benchmark down 1%, India's Nifty 25 falls 0.9% By Shruti Agarwal Sept 24 (Reuters) — Emerging Asia currencies fell the most in more than four months on
BUZZ — Indian shares rise after recent slide; oil, IPO rush cap gains
* Indian shares rise after recent drop; benchmarks Nifty 50 and Sensex up 0.3% and 0.7%, after posting their longest weekly losing run in six years in the previous session * Markets remain cautious-to-neutral as recent recovery attempts lack support, said Hitesh Tailor, technical research analyst at Choice Broking, add