Mumbai: Indian stock indexes rose on Monday, tracking gains in the rest of Asia, as the rupee’s recovery and renewed foreign flows last week revived sentiment. NSE’s Nifty rose 206 points, or 0.8%, to close at 26,172. BSE’s Sensex rose 638 points, or 0.75%, to end at 85,567. Elsewhere in Asia, Japan rose 1.8% as […]
Indian stock indices rose more than half a percent after the Reserve Bank of India cut interest rates by 25 basis points on Friday and signaled more easing would come. The upside, helped by the measures, offset losses in the week caused by a weaker rupee and selling by foreign investors.Following the RBI’s announcement, the […]
Mumbai: Indian stock indices fell more than half a percent on Thursday as the US Federal Reserve’s cautious outlook on interest rate cuts for the rest of the year dampened investor sentiment. The NSE Nifty ended at 25,877.85, down 0.7%, or 176.05 points. The BSE Sensex ended at 84,404.46, down 0.7% or 592.67 points. The […]
Mumbai: Indian stock indexes ended higher for a sixth straight session on Thursday after giving up most of the nearly 1% gain earlier in the day, fueled by optimism around reports that India is negotiating with the US to cut tariffs from 50% to 15-16%. While information technology (IT) stocks led the upward movement on […]