Thursday July 10, 2014
Traders and investors, who were on the sidelines expecting an import duty cut on the yellow metal in the maiden Union Budget of the Modi Government, got into a buying mode, triggering a rally, a trader commented.
India | Reported by Manish Kumar, Edited by Deepshikha Ghosh | Tuesday June 24, 2014
Bihar's police chief Abhayanand, who was criticized after a series of blasts targeted an election rally addressed by Narendra Modi in Patna last year, was removed today.
Tuesday June 10, 2014
This rally has led many analysts to predict a multi-year bull run for Indian markets as investors turn bullish on Indian economy.
Monday June 9, 2014
The BSE Sensex and Nifty surged to record highs on Monday as blue chips such as Coal India and Larsen & Toubro continued to rally on hopes of wide-ranging reforms by the new Narendra Modi government.
Friday June 6, 2014
The rupee is among the best-performing emerging currencies this year, rising 4 four percent since January.
Sunday May 25, 2014
After staging impressive rallies in the run-up to elections, Indian stocks and the rupee have scope for further upside, according to a report by global financial services major Goldman Sachs.
Friday May 23, 2014
The rupee retreated from an 11-month high to fall on Friday as the Reserve Bank of India (RBI) stepped in to temper gains being sparked by continued expectations of robust foreign inflows and a rally in domestic shares.
Friday May 23, 2014
Deutsche Bank has downgraded Indian stocks to 'neutral' from 'neutral/overweight' relative to other global emerging markets, saying valuations, after a sharp rally on Bharatiya Janata Party's (BJP) decisive election win, appear "very stretched" again...
India | Edited by Surabhi Malik | Wednesday May 21, 2014
In another breakthrough, four suspected Indian Mujahideen men believed to have been involved in the October 27 serial blasts in Patna that targeted Narendra Modi's rally have been arrested by the NIA or the National Investigation Agency.
Wednesday May 21, 2014
The billionaire investor expects the rally in Indian stock markets that started in August when Nifty was at 5,500 "to be the beginning of the mother of all bull runs that India has seen".
Monday May 19, 2014
The Sensex and Nifty have rallied sharply betting on a Modi win and now that the BJP has won a majority on its own, there are hopes of quick reforms and a turnaround in India's economy. Unlike his predecessors, Mr Modi will not have to deal with unru...
Sunday May 18, 2014
The week ahead should see the markets consolidate as most long term targets of Nifty at 7500 and Sensex at 25000 were hit in intra-day trade on Friday.
Election 2014 | Edited by Swati Gupta | Friday May 16, 2014
Narendra Modi, who will be India's next prime minister, today informed Vadodara in Gujarat that his margin of victory there, 5.7 lakh votes, is a record.
Friday May 16, 2014
The BSE Sensex and the broader Nifty surged to record highs while the rupee strengthened to an 11-month peak against the dollar on Friday as the Bharatiya Janata Party (BJP), led by Narendra Modi, swept to a resounding majority in the world's largest...
Friday May 16, 2014
Indian stock markets have run up sharply on expectations that Mr Modi will unblock stalled investments in power, road and rail projects to revive economic growth that has fallen to a decade low of below 5 per cent. Since Friday, when the markets firs...
Thursday May 15, 2014
The BSE Sensex has rallied over 22 per cent since then, hitting a record high above 24,000 on Tuesday, a day after exit pills predicted a clear majority for Mr Modi-led National Democratic Alliance. Most of the gains have come on the back of strong b...
Wednesday May 14, 2014
Analysts say the possibility of a stable NDA government under BJP's prime ministerial candidate Narendra Modi is priced in at current values and markets should consolidate over the next couple of days.
Tuesday May 13, 2014
Australia-based Macquarie said exit polls offer "high margin of safety" and an absolute majority for NDA can lead to 15 to 20 per cent upside in the market. Bank of America Merrill Lynch expects the Sensex to surge to 25,500 by the end of 2014, sayin...
Monday May 12, 2014
The sharp rally in stocks has come even as polling in on for the last phase of the five-week-long elections. It seems that investors are betting that the BJP-led NDA will emerge victorious on May 16, when results are announced, analysts say.
Election 2014 | Edited by Surabhi Malik | Saturday May 10, 2014
Chief Election Commissioner VS Sampath today asserted that all decisions that the commission he heads takes are "unanimous." He also reiterated that a proposed Narendra Modi rally in Varanasi was not allowed this week due to security concerns.