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India Market Update Archive: 
Hong Kong, India Lead Asian Markets Advance
Jan 03, 10:24 AM ET
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.
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India Hopes Foreign Retailers Will Lower Food Inflation
Nov 24, 5:28 PM ET
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.
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Asian Markets Drop 2% on U.S. Jobs Report
Sep 05, 11:03 AM ET
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%.
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Sensex in India Rebounds After 4-day Losses; Idea Cellular Net Up 13%
Jun 14, 8:57 AM ET
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.
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Sensex Erases 0.6% Loss; Reliance Buys Bharti Stake of Insurance Venture
Jun 13, 8:13 AM ET
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.
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India's Auto Sales Drop to 2-year Low; Stubborn Inflation
Jun 09, 8:54 AM ET
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.
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Stocks in India Close Higher; Infosys Up, Automakers Down
Jun 07, 9:24 AM ET
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.
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Sensex in India Drifts 1% Lower; Reliance Industries Drops 1.7%
Jun 03, 9:18 AM ET
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.
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Sensex in India Falls 0.6%; Hero Honda Sales Up 15%
Jun 02, 9:26 AM ET
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.
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Sensex in India Up; Auto Sales Rise, Exports Soar 34%
Jun 01, 10:13 AM ET
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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