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Indian shares ended modestly lower on Thursday, erasing early gains, as FII outflow fears continued to haunt investors despite a series of measures announced by the Reserve Bank of India recently to prop up the rupee, which hit a record low of 53.85 against the dollar the previous day.
Continue Reading →Indian shares extended their recent sharp gains on Friday, as the Federal Reserve’s extension of the timeframe of its ultra-loose monetary policy until 2014 and a stronger rupee, which touched a fresh two-and-a-half month high in the afternoon, bolstered hopes for sustained FII inflows. Investors are also expecting the government to unveil a raft of [...]
Continue Reading →Indian shares rose sharply on Thursday, as bluechip companies Bajaj Auto, HDFC Bank and Hero MotoCorp reported strong Q3 results and positive global cues lent further support. The rupee traded near two-month highs, driven by fresh FII inflows into local debt and equity markets.
Continue Reading →Indian shares rose sharply on Thursday, as bluechip companies Bajaj Auto, HDFC Bank and Hero MotoCorp reported strong Q3 results and positive global cues lent further support. The rupee traded near two-month highs, driven by fresh FII inflows into local debt and equity markets.
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