Stocks in Mumbai extended gains, and investors reviewed a fresh batch of earnings. The Indian government bond yield held firm following receding worries about rate uncertainties in the U.S. and Europe.
Stocks in Mumbai edged lower, and investors reacted to domestic earnings. Indian government bond yields were stable, and the rupee hovered at its record low amid weak global market sentiment.
Stocks in Mumbai advanced following gains in global markets on the hopes that the central banks in the U.S., Europe and Japan are likely to hold interest rates steady at least for three months.
Tata Steel swung to large quarterly losses after the company booked higher asset impairment charges. GMDC reported a sharp decline in revenue and earnings in the latest quarter.
Benchmark indexes advanced, and investors reviewed a mixed batch of fresh quarterly earnings. Indian government bond yields and the Indian rupee held firm after the U.S. Federal Reserve held its short-term rate range for the second time in a row.
Benchmark indexes in Mumbai traded down following a 3% decline in October. Net sales by foreign investors picked up in October to the fastest pace since January.
Benchmark indexes in lackluster trading retained a downward bias amid mixed quarterly results and weak global sentiment. Crude oil edged higher, but the Indian rupee and the yield on the Indian government bonds held steady.
Benchmark indexes in Mumbai traded down following a 3% decline in October. Net sales by foreign investors picked up in October to the fastest pace since January.
Stocks in Mumbai struggled to advance, and investors await monthly vehicle sales and a slew of earnings releases this week. Reliance Industries reported strong quarterly earnings gains in its retail and communication businesses.
Investors shifted their attention to domestic corporate earnings releases and overlooked elevated tensions in the Middle East and rising global bond yields.
Rising global bond yields, a tech selloff on Wall Street, and ongoing Middle East tensions sparked a sharp market decline in India and Asia.
Benchmark indexes turned lower in Mumbai trading as investors reviewed the latest batch of earnings, but elevated global bond yields and crude oil prices dented market sentiment.
Asian markets rebounded, but worries of another hike in U.S. interest rates, wider conflict in the Middle East, and the deepening housing market crisis in China dominated market sentiment.
Stocks in Mumbai faced headwinds amid growing international worries and rising crude oil prices. Domestically, banks reported a surge in quarterly profit on the sustained demand for loans and a wider net interest margin.
Market indexes faced headwinds, and crude oil prices advanced for the second week in a row on the prospect of a wider conflict in the Middle East. The RBI said the rate hikes in the last fifteen months are still working through the financial system.