Tracking Markets
Sensex ends four-day losing streak
The BSE Sensex snapped a four-day losing streak to edge higher on Friday, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips such as Larsen & Toubro recovered. Full Article
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Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
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MARKET EYE-NSE sees rising put option contracts at 6,000 points
* India's NSE index could see support at around 6,000 points, analysts say based on a rise in put options at that level. * Open interest for put options at 6,000 points increased by 400,000 contracts on Monday, suggesting these investors don't expect too much downside below this level. * The spot NSE index had fallen 1.25 percent in the four sessions between Tuesday and Friday after the RBI cut interest rates as expected but adopted a more cautious stance on future rate cuts. (manoj.dharra@thomsonreuters.com; manoj.dharra.thomsonreuters.com@reuters.net)
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