Stocks in Mumbai hovered near the flatline after benchmarks advanced for three weeks in a row. Crude oil edged higher after falling for four weeks in a row, and the rupee hovered near its record low.
Stocks in Mumbai hovered near the flatline after the Reserve Bank of India cautioned on inflation and estimated improving economic growth in the current quarter. The decline in crude oil prices kept the stock market decline in check.
Benchmark indexes in Mumbai extended their weekly rally for the second week in a row. Bond yields edged lower, and the Indian rupee hovered near the recent low despite the weakening U.S. dollar.
Benchmark indexes in Mumbai advanced following a global market advance after consumer price inflation weakened in October. Interest rate-sensitive stocks led the gainers.
Market indexes traded lower amid ongoing worries about interest rate uncertainties in the U.S. and Euro Area. Gross direct and next tax collection advanced and forex reserve rose for the second week in a row.
Mumbai stocks lacked direction, and the yield on the Indian government bonds edged lower following the decline in worldwide bond yields. The rupee held near its record low, and crude oil prices dropped to three-month lows.
Benchmark indexes in Mumbai edged lower following comments from Governor Das on inflation. Investors turned cautious ahead of the Diwali holidays, and the Indian rupee hovered near its record low.
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 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.