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Indian shares open higher on auto, bank stock gains

Monday,   27-Sep-2021   09:38 (IST)

Indian shares opened higher on Monday, hovering near record highs and advancing for the third straight session, helped by gains in auto and bank stocks. The blue-chip NSE Nifty 50 index rose 0.41% to 17,926.85 by 0345 GMT, and the benchmark S&P BSE Sensex was up 0.45% at 60,321.52. Indian shares have outperformed peers in emerging markets, helped by flush liquidity and as progress in the country’s vaccination campaign has bolstered sentiment ahead of the festive season. Auto stocks were up 0.8%, helped by a more than 1% rise in Tata Motors, the top Nifty gainer, while public sector b...

India's Foreign Exchange Reserves Fall For Second Week

Friday,   24-Sep-2021   05:14 (IST)

India's foreign exchange reserves fell for a second consecutive week to $639.64 billion as on Sep. 17 from $641.11 billion in the previous week, the Reserve Bank of India said. The reserves droppe...

India's Sensex breaches 60,000 level as pandemic fears fade

Friday,   24-Sep-2021   04:35 (IST)

India's benchmark Sensex stock index registered its quickest 10,000-point run to breach the 60,000 level on Friday, outperforming regional peers on flush liquidity and on hopes of a vigorous econo...

India Bond Yields Stay Up Mirroring US Treasuries, Crude Oil

Friday,   24-Sep-2021   01:40 (IST)

India's federal government bond yields stayed higher in the afternoon session tracking a spike in U.S. Treasury yields and crude oil prices. Bond investors awaited the outcome of a 310-billion-rup...

India's BSE Sensex crosses 60,000 mark with tech stocks in lead

Friday,   24-Sep-2021   09:51 (IST)

Indian shares scaled record highs on Friday, with the benchmark S&P BSE Sensex topping the 60,000 level for the first time on the back of gains in tech and property stocks. The blue-chip NSE Nifty...

Overseas Bond Listing, Evergrande Fallout To Push India Yields Lower -- Analysts

Friday,   24-Sep-2021   09:43 (IST)

The listing of India’s sovereign bonds on global indices and the fallout from China Evergrande Group’s debt crisis should help lower yields that have remained stubbornly high despite sever...

Indian shares breach record levels on banking, energy boost

Thursday,   23-Sep-2021   04:23 (IST)

Propelled by rallying banking and energy stocks as fears of an economy-derailing third wave recede, Indian shares surged to fresh record highs, with the real estate subindex extending gains for the th...

India Bond Yields Edge Lower As Traders Await RBI GSAP Result

Thursday,   23-Sep-2021   01:38 (IST)

Indian government bonds yields fell marginally in the afternoon session as traders awaited the outcome of the central bank’s note purchase. The benchmark 6.10% bond maturing in 2031 changed hand...

Indian shares open higher on metal, banking gains

Thursday,   23-Sep-2021   09:38 (IST)

Indian shares edged up in early trade on Thursday to hover near record highs, led by metal and banking stocks, as investors overlooked signs of a slightly hawkish tilt by the U.S. Federal Reserve over...

Indian shares end flat as private banks drag; media stocks surge

Wednesday,   22-Sep-2021   04:02 (IST)

Indian shares ended flat on Wednesday as major private bank stocks slipped and offset sharp gains in Coal India, while media firms soared on news of Zee Entertainment merging with a rival. The blue-ch...