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 INDIA MARKETS UPDATE    Daily Trading Summary  
Hong Kong, India Lead Asian Markets Advance
10:24 AM ET  January 03 2012
Asian markets traded higher after China reported better than expected manufacturing data. Market indexes gains were in a check after crude oil increased 3%. Markets in Japan, mainland China, Japan and Thailand were closed.
India Hopes Foreign Retailers Will Lower Food Inflation
5:28 PM ET  November 24 2011
India’s cabinet approved a new measure to liberalize its organized retail sector that will allow foreign retailers to increase their stakes to 100%. The latest reform is expected drive many small retail shops out of business and is widely opposed by the leading opposition parties.
Asian Markets Drop 2% on U.S. Jobs Report
11:03 AM ET  September 05 2011
Asian markets slid following the weak U.S. employment report. The market index in Korea led the region with a loss of 4% and the index in Hong Kong fell 3%. The indexes in Shanghai, Australia and Taiwan dropped more than 2% and in India declined 0.6%.
Sensex in India Rebounds After 4-day Losses; Idea Cellular Net Up 13%
8:57 AM ET  June 14 2011
Stocks in Mumbai traded after four days of losses. The latest wholesale inflation data showed elevated inflation prompting worries of another rate hike. Ideal Cellular increased after fourth quarter net increased 13% and added net 10 million new subscribers.
Sensex Erases 0.6% Loss; Reliance Buys Bharti Stake of Insurance Venture
8:13 AM ET  June 13 2011
The benchmark index in Mumbai dropped as much as 0.7% on the weakness in international markets. Stocks recovered to erase all the losses at close. Reliance Industries agreed to acquire majority stake in insurance venture controlled by Bharti Enterprises.
India's Auto Sales Drop to 2-year Low; Stubborn Inflation
8:54 AM ET  June 09 2011
Stocks in Mumbai declined ahead of factory output data tomorrow. The latest inflation data showed an increase in food prices and wholesale prices rose 0.5%. Automakers declined after May unit sales rose at the slowest pace in two years.
Stocks in India Close Higher; Infosys Up, Automakers Down
9:24 AM ET  June 07 2011
Stocks in Mumbai traded sideways but on a rising volume. Software services exporters closed higher on new order wins and automakers closed lower ahead of expected natural gas price increase as early as tomorrow. The rupee held firm.
Sensex in India Drifts 1% Lower; Reliance Industries Drops 1.7%
9:18 AM ET  June 03 2011
Stocks in Mumbai trading closed lower on the rising commodities prices and persistent inflation worries. Reliance Industries plans to be debt free at the end of the current fiscal year. Reliance Industries stock fell 1.7% on the natural gas output worries.
Sensex in India Falls 0.6%; Hero Honda Sales Up 15%
9:26 AM ET  June 02 2011
Stocks in Mumbai trading closed lower following a weakness in Asian markers. The global economic slowdown worries dragged Asian markets between 1.2% and 2.3%. In addition, the latest read on wholesale inflation did not show any significant improvements.
Sensex in India Up; Auto Sales Rise, Exports Soar 34%
10:13 AM ET  June 01 2011
Stocks in Mumbai trading closed higher after the release of auto sales. The sales at Tata Motors, Maruti Suzuki and TVS Motor increased less than expected. April exports increased 34% and imports rose 14% and deficit in the month declined 18%.
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   Global Markets Indexes
  AMERICAS  
% Change
  NYSE 7,876.61 -0.09
  NASDAQ 2,816.55 0.40
  S&P 500 1,316.33 -0.16
  Russell 3000 782.06 -0.01
  TSX 12,466.50 0.02
  Bovespa 62,904.20 -0.08
  EUROPE  
% Change
  FTSE 100 5,733.45 -1.07
  DAX 30 6,511.98 -0.43
  CAC 40 3,318.76 -1.32
  SMI 6,033.52 -1.10
  ASIA  
% Change
  Nikkei 225 8,841.22 -0.09
  Hang Seng 20,501.70 0.31
  CSI 300 2,504.09 0.00
  Sensex 30 17,234.00 0.92
  ASX 200 4,288.37 0.40
  JCI 3,986.41 0.07
  SET 1,076.29 0.73
  Kospi 1,964.83 0.39
  KLC 1,520.90 -0.19
     Commodities
Change
Gold $1,739.2000 $13.6000
Silver $33.8700 $0.4600
Copper $3.8960 $0.0110
Crude oil $99.6700 -$0.2000
Natural Gas $2.6780 $0.0820
Corn $6.4175 $0.0725
Wheat $6.4725 -$0.0625
Sugar $0.2421 -$0.0052
Soybean $0.0100 $0.0000
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 IPO Reports    
Hindalco Industries Net Rises
Jun 07, 7:27 AM ET
Hindalco Industries Limited full year sales fell 8% to Rs 60,722 crore and net profit rose 711% to Rs 3,925.5 crore or Rs 22.17 a share.
Full Story...
 
  Lanco Infratech Net Rises; Tata Communications Net Loss
Jun 01, 8:25 AM ET
  ONGC, Mahindra & Mahindra Net Rises
May 31, 9:57 AM ET
  Steel Authority of India Net Rises; IOC Net Falls 16%
May 28, 6:40 AM ET
  Bharat Petroleum, Colgate-Palmolive Sales Up
May 27, 7:09 AM ET
  BHEL Sales Up 29%; Power Grid Net Rises 21%
May 26, 6:53 AM ET
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Verastem, Inc.
Pharmaceutical Preparations.
Full Story...
 
 
  IntelePeer, Inc.
  Guidewire Software, Inc.
  Renewable Energy Group, Inc.
  Inergy Midstream, L.P.
  Mid-Con Energy Partners, LP
  Bonanza Creek Energy, Inc.
  Gazit-Globe Ltd.
  Zynga Inc.
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 India Economy  
Wholesale Price Index Unchanged
Jan 27, 2:32 AM ET
The wholesale price index in India unchanged to 199.1 previous week. For the year to the week inflation decreased to 1.89% compared to 2.47% in the previous period.
Full Story...
 
  Rates on Hold in India, CRR Lowered 0.5%
Jan 24, 8:03 AM ET
  Wholesale Price Index Rises 0.3%
Jan 19, 2:24 AM ET
  December WPI Unchanged
Jan 16, 2:47 AM ET
  November Industrial Production Rises 5.9%
Jan 12, 2:59 AM ET
  Wholesale Price Index Rises 0.5%
Jan 12, 2:28 AM ET
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 Jump Analysis    
 
 Mutual Funds Q&A    
Tata and Jaguar: Rough Road Ahead
Mar 26, 3:06 PM EDT
Jaguar and Land Rover may prove a difficult purchase for Tata Group to digest if economic conditions remain weak in the US and UK.
Ford agreed to sell its Jaguar and Land Rover brands to Tata Group of India for $2.3 billion and provide parts and technolgies for many years. Tata will fund most of its purchase using short term debt for now and refinance the deal at a later date with long term debet. Tata Group, a leading Indian industrial conglomerate recently purchased Corus, UK steel maker, is expected to keep current employees and look for ways to improve its operations in India.
Full Story...
 
  Pakistan, Musharraf, and Bhutto Killing
  Stores Post Limited Sales Gains in May
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Riding the Tiger
Oct 08, 10:32 AM ET
Originally launched as a bond fund manager, Escorts Asset Management has been adding a wide array of equity offerings to its fund family since 2001. Spearheaded by Escorts Opportunities Fund, the company’s product line-up is organized around tax-efficiency, capital preservation and consistency of returns.
Full Story...
 
  Riding the Tiger
  Liquidity with Quality
  Safety in Liquidity
  Enhanced-Index Investment Strategy
  Balancing Liquidity and Credit Risk
  more...
 
 

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