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1999 |
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| India Market Update Archive: |
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Sensex Edges Higher; Oracle Financial, State Bank of India Up
May 11, 8:19 AM ET |
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| Stocks in Mumbai traded in a tight range as banks, real estate developers and resources linked stocks led the most active list. State Bank of India lifted prime lending rate by 75 basis points following an increase of 50 basis points by the RBI. Oracle Financial Services soared 11%. |
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Stocks in India Struggle, Rupee Advances
Apr 29, 9:28 AM ET |
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| Stocks in Mumbai in a volatile trading edged lower after inflation worries sparked by higher crude oil prices. UCO Bank and Prism Cement declined after reporting lower than expected earnings. Mafatlal Industries soared after it sold 7 acre land plot in central Mumbai at a peak price. |
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Sensex in India Decline on Inflation Worries
Apr 28, 8:31 AM ET |
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| Stocks in Mumbai closed down after weekly inflation accelerated and precious metals prices soared. The rupee advanced and resource linked stocks edged lower. LIC Housing quarterly net surged 47%. Bank of Baroda quarterly net soared 43%. |
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Reliance Struggles to Lift Gas Ouput; Maruti Suzuki, Sterlite Up
Apr 25, 9:05 AM ET |
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| Stocks in Mumbai traded higher but in a directionless trading and silver and gold surged to highs. Reliance Industries confirmed the difficulty of increasing gas output and also planned to increase production at fields in the Bay of Bengal. Sterlite and Maruti reported higher than expected earnings. |
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Sensex Extends 3-day Rally; TCS Net Soars 23%
Apr 21, 8:27 AM ET |
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| The Sensex index in Mumbai trading gained 0.7% after TCS reported 23% increase in the quarter to March. Rupee advanced to a two week high and gold and silver soared to a record high in Mumbai trading. Muthoot Finance attracted strong interest for its initial public offering. |
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Sensex in India Surges 1.8%; HCL Tech Net Soars 17%
Apr 20, 9:05 AM ET |
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| Sensex in Mumbai trading soared 1.8% on the prediction of normal monsoon season. Earnings also contributed to the sentiment. HCL Technologies surged nearly 10% after quarterly earnings gained 17%. Jindal Steel & Power commenced its offer for Australia based coal miner Rocklands Richfields. |
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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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