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Indian shares hit over 1-wk low as shadow lenders drop on fears of tighter rules

Monday,   18-Jan-2021   04:12 (IST)

Indian shares ended at a more than one-week low on Monday, weighed down by non-bank financial companies (NBFCs) on fears over possible tighter rules for the sector, although gains in heavyweights HDFC Bank and Reliance Industries capped losses. The blue-chip NSE Nifty 50 index fell 1.06% to close at 14,281.3, while the benchmark S&P BSE Sensex was down 0.96% at 48,564.27. Both indexes touched their lowest closing level since Jan. 7. The Reserve Bank of India (RBI) is expected to set out proposals this week where it may recommend that bigger shadow banks maintain a statutory liquidity ratio...

India Bond Yields Down As RBI To Resume Note Purchases

Monday,   18-Jan-2021   01:21 (IST)

Indian federal government bond yields stayed lower in afternoon trade as the central bank is set to resume its note purchases this week. The benchmark 5.77% bond maturing in 2030 changed hands at 98.5...

Indian shares edge lower as IT stocks weigh; HDFC gains on upbeat earnings

Monday,   18-Jan-2021   10:03 (IST)

Indian shares inched lower on Monday, as information technology shares extended fall after hitting record highs, while HDFC Bank shares rose after strong quarterly results. The blue-chip NSE Nifty 50 ...

India's Dec trade deficit widens to $15.44 bln

Friday,   15-Jan-2021   06:02 (IST)

India's trade deficit in goods widened to $15.44 billion in December as imports rose to $42.59 billion, pushed by a surge in gold imports, while merchandise exports were up marginally, revised dat...

India's Services Exports, Imports Rise In November - RBI

Friday,   15-Jan-2021   05:43 (IST)

India's services exports increased to $17.08 billion in November from $16.58 billion in October, the country’s central bank said today. Services imports also improved to $10.12 billion in No...

India's Foreign Exchange Reserves Hit Fresh Record High

Friday,   15-Jan-2021   05:41 (IST)

India's foreign exchange reserves rose for the second straight week and hit a fresh record high of $586.08 billion as on week ended Jan. 8, against $585.32 billion in the previous week, the Reserv...

Indian shares end lower; Airtel jumps on MSCI review

Friday,   15-Jan-2021   04:40 (IST)

Indian shares dropped the most in nearly four weeks on Friday, ending down over 1%, as investors locked in profits following the benchmark indexes hitting multiple record highs this week and as a prop...

India Bond Yields Up As No OMO Plan Announced; Auction Cutoff Key

Friday,   15-Jan-2021   01:30 (IST)

Indian federal government bond yields stayed higher in the afternoon session, as the central bank did not announce any debt purchase plan for next week. Traders also awaited the outcome of a debt sale...

Indian shares edge lower as Infosys, HDFC Bank weigh; Airtel jumps

Friday,   15-Jan-2021   09:55 (IST)

Indian shares edged lower on Friday, dragged down by index heavyweights Infosys and HDFC Bank, while Bharti Airtel rose after MSCI Global Standard Indexes said it would review the weight of the teleco...

Sensex ends 92 pts higher, Nifty near 14,600

Thursday,   14-Jan-2021   04:03 (IST)

The Indian markets ended Thursday's volatile session with marginal gains amid weekly options expiry as Tata Consultancy Services (TCS) and Reliance Industries helped the benchmark indices erase ea...