Stocks in Mumbai traded lower in weak trading volume. Asian markets generally edged lower in weak trading. The rupee edged lower and traded near 2-month low. Reliance Infra annual net increased 2% and GSFC quarterly net soared. Unitech increased after it guided current year sales to increase 16%.
Mumbai stocks closed higher tracking gains in Asian markets and on the optimism on earnings. The rupee edged lower 10 paisa. MphasiS declined after it reported weaker than expected earnings.
Stocks in Mumbai trading closed higher after struggling for the last five days. Tata Steel swung to profit on higher sales and estimated higher global steel prices in the current year. Coal India gained after it reported higher than expected annual net. Dish TV India cut its net loss by 40%.
Stocks in Mumbai declined on the global worries and a rise in commodities prices and crude oil price. The rupee hovered near 2-month low. Banks, property developers and Suzlon Energy increased after it won orders for 200 turbines in Africa.
Stocks in Mumbai gained on the optimistic outlook and ignored the resurgent inflation data. The rupee hovered near 2-month low. Reserve Bank of India discontinued its second liquidity adjustment facility as liquidity improves.
Stocks in Mumbai traded sideways as investors digested rising earnings from Bajaj Auto and Bajaj Finserv. However, market was unnerved after the State Bank of India reported 99% drop in earnings. Reliance Industries fell after a report indicated gas production may not increase for three more years.
Stocks in Mumbai declined after State Bank of India earnings plunged on a sharp rise in non-performing loans. The Sensex index dropped 1.1%. ONGC and other government controlled oil marketing companies declined after the government lowered subsidies to energy companies.
Stocks in Mumbai declined on global economic growth worries ahead of European leaders meeting to provide another bailout to Greece. Commodities prices closed lower but India controlled oil companies lifted retail petrol prices.
Stocks in Mumbai closed higher after regional elections favored parties in central government. The Sensex reversed earlier weakness and surged in the late afternoon. Coal India gained after annual net income increased 4% on sales rise of 24%.
Stocks in Mumbai dropped sharply tracking losses in international markets despite a sharp fall in oil price. The benchmark index declined 1.4%. Industrial production index in March surged 7.3% but wholesale price index hovered near the recent high. The dip in crude oil price lifted airlines.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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