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Indian stocks edge higher in lackluster trade; ITC up 3%

Nifty futures snaps five session losing streak  -   26/09/2018 09:53
S napping five sessions losing streak, Indian equity benchmarks ended higher on Tuesday led by gains across pharma and banking stocks, undermining weak cues from Asian peers. Among others, Shares of Dewan Housing Finance Corporation Limited (DHFL) plunged as much as 22 per cent after media report suggested that market regulator Sebi is probing examining sharp movement in shares of company for possible tradin...
Nifty futures end lower for the fifth straight session  -   25/09/2018 10:17
E xtending its losing streak for the fifth consecutive session, Indian equity benchmarks ended lower on Monday tracking the weakness in Asian markets. Liquidity crunch fears, consistent selling by FIIs, rupee volatility, rising crude oil prices and trade war tensions weighed on sentiment. Seeking to calm the nerves of worried investors, Finance Minister Arun Jaitley on Monday said that the government would t...
Nifty futures end lower on profit booking  -   24/09/2018 09:22
M arking its lowest close of more than a month, Indian equity benchmarks ended lower on Friday. However, losses were restricted after representatives of some NBFC companies tried to allay investor fears on television interviews. The market was dragged down by finance stocks after reports of DHFL defaulting on its commercial paper. According to the analysts, the IL&FS crisis was the main reason behind the sel...
Nifty futures end higher for the second straight session  -   17/09/2018 09:04
I ndian equity benchmarks ended higher for the second consecutive session on Friday led by a rise in the banking stocks, which rose due to a firm rupee and positive cues from the global markets. The rupee is trading marginally off its high points and hovering around 71.79 per US dollar mark. On a year to date basis, the currency has fallen over 12 percent. The rupee and 10-year government bond prices rose af...
Nifty futures end higher as rupee recovers  -   14/09/2018 10:55
I ndian equity benchmarks ended higher on Wednesday as the rupee has firmed after hitting a record low of 72.91 against US dollar. As per the media reports, Prime Minister Modi will be holding a meeting over the weekend to review the economic situation and the rupee condition as well. Further, the reports add that there could be measures rolled out after the meeting as well. The Indian currency is massively...
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