3/19/2012 11:09 PM ET (RTTNews) – Indian shares are seen opening on a flat note Tuesday, as a lack of fresh triggers may prompt investors to remain on the sidelines amid mixed Asian cues. Asian markets are trading mostly lower even as technology stocks gained ground following news that Apple will issue its first stock [...] [...]
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3/20/2012 6:15 AM ET (RTTNews) – Indian shares snapped a three-day losing streak on Tuesday, defying a regional downward trend and a retreat in European shares for a second day, as a fall in oil prices from their highest levels in almost three weeks eased inflation worries. Also, sentiment improved after amendments moved by the [...] [...] 3/19/2012 7:30 AM ET (RTTNews) – Indian shares fell sharply on Monday on apprehensions whether the government will rein in spending and bring down fiscal deficit to 5.1 percent as announced in this year’s Budget. Also weighing on sentiment to some extent, government data released today indicated an acceleration in price levels in February, with [...] [...] 3/19/2012 12:38 AM ET (RTTNews) – Indian shares are trading modestly lower in early trading on Monday as analysts and industry leaders expressed disappointment over the budget proposals. Other Asian markets are trading mostly higher this morning, helping limit the downside to some extent. Erasing early gains, benchmark indexes Sensex and the Nifty are currently [...] [...] 3/9/2012 6:22 AM ET (RTTNews) – Indian shares rallied on Friday, snapping a three-day losing streak, as local shares played catch-up with gains across Asia on Thursday when the Indian markets were closed to celebrate Holi. The U.S. and European markets rallied overnight on optimism about the Greek debt-swap deal, which was finally announced early [...] [...] People visit the Nokia area at the Mobile World Congress in Barcelona February 28, 2012. Credit: Reuters/Albert Gea/FilesREUTERS – Nokia will close down Nokia Money, a financial service it runs in India, as it continues to narrow its focus on its phone business and location-based services.“The mobile financial services business is not core to Nokia [...] [...] 3/11/2012 11:19 PM ET (RTTNews) – Indian shares are likely to open higher on Monday, extending Friday’s rally after the Reserve Bank of India unexpectedly cut its reserve requirement for banks by 75 basis points on Friday to ease liquidity crunch expected due to advance tax outflows. The move ahead of this week’s official rate [...] [...] 3/8/2012 10:22 PM ET (RTTNews) – Indian shares are poised to open higher on Friday, mirroring positive Asian cues as Chinese annual rate of consumer inflation slowed sharply to a 20-month low of 3.2 percent in February and reports suggest that Greece and a majority of its eligible bondholders have agreed to a new bond-swap [...] [...] 3/12/2012 12:56 AM ET (RTTNews) – Indian shares edged higher on Monday, shrugging off mixed Asian cues, as a surprise 75 basis point cut in banks’ cash reserve ratio announced by the Reserve Bank of India raised hopes for a 25 basis point cut in repo rate on 15th. Meanwhile, investors await industrial production data [...] [...] 3/8/2012 11:58 PM ET (RTTNews) – Indian shares snapped a three-day losing streak on Friday, tracking firm Asian cues after reports indicated that Greece has successfully closed its bond swap offer to private creditors. This was a key condition for securing the 130 billion euro second bailout from the EU and IMF.The benchmark 30-share Sensex [...] [...] 3/8/2012 11:58 PM ET (RTTNews) – Indian shares snapped a three-day losing streak on Friday, tracking firm Asian cues after reports indicated that Greece has successfully closed its bond swap offer to private creditors. This was a key condition for securing the 130 billion euro second bailout from the EU and IMF.The benchmark 30-share Sensex [...] [...] 3/9/2012 6:22 AM ET (RTTNews) – Indian shares rallied on Friday, snapping a three-day losing streak, as local shares played catch-up with gains across Asia on Thursday when the Indian markets were closed to celebrate Holi. The U.S. and European markets rallied overnight on optimism about the Greek debt-swap deal, which was finally announced early [...] [...] 3/8/2012 10:22 PM ET (RTTNews) – Indian shares are poised to open higher on Friday, mirroring positive Asian cues as Chinese annual rate of consumer inflation slowed sharply to a 20-month low of 3.2 percent in February and reports suggest that Greece and a majority of its eligible bondholders have agreed to a new bond-swap [...] [...] 3/5/2012 10:16 PM ET (RTTNews) – Indian shares are seen opening lower on Tuesday as investors brace for assembly poll results in five states due in a few hours from now. Investors have apprehensions that poor showing by the Congress party could hamper any move to revive stalled reforms. With exit polls predicting a hung [...] [...] 3/6/2012 10:13 PM ET (RTTNews) – Indian shares may retreat further in early trading on Wednesday, tracking negative global cues. U.S. and European shares tumbled overnight on global growth concerns and Asian markets are following suit, albeit posting modest losses.Investors are monitoring Greece bailout headlines to see if the debt-strapped nation can complete a bond [...] [...] 3/7/2012 6:22 AM ET (RTTNews) – Indian shares ended off their day’s lows on Wednesday, with gains in rate-sensitive banks, property developers and automakers helping limit the downside ahead of a market holiday tomorrow on account of Holi. Stocks fell for a third day as negative overnight cues from the U.S. and European markets and [...] [...] 3/5/2012 11:50 PM ET (RTTNews) – Indian shares rebounded after an early sharp fall on Tuesday as early trends suggest that the Samajwadi Party (SP) will not be able to form government in Uttar Pradesh without Congress support. With BJP emerging as the second largest party in the state, a Congress-SP alliance in India’s most [...] [...] 3/6/2012 11:53 PM ET (RTTNews) – Indian shares lost ground for a third consecutive session on Wednesday as a poor performance by the Congress party in the big northern state of Uttar Pradesh raised doubts about the government’s ability to push through stalled economic reforms. Weak global cues also dampened investor sentiment. U.S. and European [...] [...] 3/6/2012 6:14 AM ET (RTTNews) – Indian shares fell in volatile trading on Tuesday after it became clear that the Samajwadi Party will form the next government in India’s most populous state of Uttar Pradesh without outside support from the Congress party. The Congress trailed in fourth place, a severe blow for Rahul Gandhi, who [...] [...] 3/1/2012 11:48 PM ET (RTTNews) – Indian shares fell after a firm start on Friday as the overnight spike in oil prices on rumors of a supply disruption from Saudi Arabia sparked worries that the Reserve Bank of India might not be able to cut policy rates. However, Brent crude futures slipped from an 11-month [...] [...] 3/1/2012 10:18 PM ET (RTTNews) – Indian shares are seen opening higher on Friday after the government raised Rs.12,666 crore through divestment of a 5 percent stake in state-run oil explorer ONGC. While finance minister Pranab Mukherjee late on Thursday night termed the stake sale as a great success, the sale finally managed to sail [...] [...] 3/1/2012 6:20 AM ET (RTTNews) – Indian shares fell notably on Thursday as institutional investors diverted funds to buy ONGC shares via a one-day auction, the biggest equity offering this year. This is the first stake sale being done via auction route after market regulator SEBI last month permitted shareholders of the country’s top 100 [...] [...] 2/29/2012 10:21 PM ET (RTTNews) – Indian shares are seen opening slightly lower on Thursday, tracking mixed global cues. U.S. stocks slid lower overnight while Asian markets are mixed, with key benchmark indexes in Australia, China and Hong Kong trading subdued. Closer home, investors await February PMI manufacturing numbers after data released yesterday showed the [...] [...] 2/29/2012 11:55 PM ET (RTTNews) – Indian shares fell on Thursday as investors diverted funds to ONGC share sale. The one-day auction started at 9.15 am. Also, investors await manufacturing PMI survey report, auto sales and cement production numbers for clues toward the state of the economy. Other Asian markets are trading on a mixed [...] [...] 2/29/2012 6:23 AM ET (RTTNews) – Indian shares pared early gains on Wednesday, as government data showed the nation’s economy grew at the slowest pace in almost three years in the third quarter. Gross domestic product rose 6.1 percent in the third quarter to December, lowest in more than 2 years falling short of consensus [...] [...] 2/17/2012 6:11 AM ET (RTTNews) – Indian shares rebounded on Friday after some consolidation the day before, with firm global cues supporting the liquidity-driven rally. Asian markets rose across the board today and European shares extended gains for a third consecutive session, after encouraging data on the U.S. housing and labor markets as well as [...] [...] 2/16/2012 11:54 PM ET (RTTNews) – Indian shares rebounded on Friday after some consolidation the day before, bolstered by upbeat U.S. economic data on housing, employment and manufacturing. Investors also cheered reports that Greece will likely get its second bailout on Monday. Barring Chinese shares, markets across Asia are rising on hopes of a new [...] [...] 2/16/2012 10:12 PM ET (RTTNews) – Indian shares are poised to rebound on Friday, with stocks likely to see broad-based buying interest, bolstered by solid U.S. data and hopes for Greece bailout. Asian markets are trading mostly higher after a report from German newspaper Die Welt indicated that European central banks will complete an exchange [...] [...] |
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