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India Market Update Archive: 
India Movers: Everonn Education, Mahindra Satyam, Steel Authority
Feb 17, 6:26 AM ET
Atlanta rose 1% after it won contract to build highway in Assam. Everonn Education soared 17%. Mahindra Satyam agreed to pay $125 million to settle US shareholder litigation. Steel Authority of India is looking to set up a steel plant in Mongolia worth $3.5 billion.
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Sensex in India in 5-day Rally; Industrials, Automakers and Banks Lead
Feb 17, 7:28 AM ET
Stocks in Mumbai closed higher tacking gains in Asian markets and rising earnings outlook. More than 2,000 companies have released third quarter earnings with average increase of 19%. Reliance Industries plans to invest $30 billion in the next five years in business units from energy to retail.
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India Movers: BPCL, Hexaware, Jindal Steel, Tata Steel
Feb 16, 6:44 AM ET
Bharat Petroleum Corporation to increase jet fuel prices by 4.12%. Jindal Steel gained 3% after environment ministry approved steel plant in Orissa. Tata Steel gained 3.9% after net profit surged 112%.
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Sensex Extends 3-day Gains; Pharma, IT Exporters Rise
Feb 16, 8:05 AM ET
Stocks in Mumbai closed higher for the fourth day as investors bid up export sensitive stocks. The Sensex gained 0.1% and the rupee edged lower. India and Japan signed a free trade pact that will eliminate tariffs on 94% of trade and lift trade to $25 billion by 2015.
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India Movers: LIC Housing Finance, Reliance Comm, Tata Power, Unitech
Feb 15, 6:39 AM ET
Ahluwalia Contracts fell 1% after net profit slumped 46%. LIC Housing Finance surged 10.8% after government controlled pension fund resumed investment in the company. Reliance Communications gained 4% and net profit fell 57%. Tata Power soared 6% after net profit of surged 348%.
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Sensex in 3-day Rally Gains 4.5%, Tata Motors Up
Feb 15, 7:27 AM ET
Mumbai stocks extended gains for the third day and rebounded 4.5%. The Sensex index has declined 15% form the peak in the first week in January. LIC Housing surged after a government controlled fund resumed investing. Tata Motors global sales rose 16% in January. Reliance MediaWorks loss widens.
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India Movers: Adani Enterprise, Aban, Hindalco, Rajesh Exports
Feb 14, 8:39 AM ET
Adani Enterprises gained 3% after net profit increased 56%. Aban Offshore increased 3% and net profit declined 31%. Hindalco rose 4% after net profit rose 8%. Reliance Capital gained 3% after net profit surged 68%. Tata Motors increased 5.6% after net profit surged nearly three fold.
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Sensex in Mumbai Soared 2.6%; Tata Motors Net Surges
Feb 14, 9:09 AM ET
Stocks in Mumbai surged after earnings from Tata Motors, Adani Enterprises and Gitanjali Gems Limited. The benchmark index soared 2.6%.Reliance Communication quarterly net dropped 56%. Tata Motors quarterly net soared nearly three-fold.
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India Movers: Aditya Birla Nuvo, Aptech, Suzlon Energy
Feb 11, 7:10 AM ET
Aditya Birla Nuvo gained 4% after net profit surged. Cairn India rose 4% after net profit soared 591%. Educomp closed higher 6% after net profit surged 58%. Essar Shipping and Port of Antwerp International sign a pact.
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Volatile Industrial Production Increased 1.6% in India; Cairn India Up
Feb 11, 8:16 AM ET
Stocks in Mumbai rebounded on the last trading day of the week. Industrial output rose 1.6% in January and the increase was the slowest monthly gain in twenty months. Aditya Birla Nuvo, Cairn India and Educomp Solutions reported higher earnings.
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