August 12, 2015 / 4:37 AM / 2 years ago

BUZZ-Exporters top gainers on India's BSE after rupee falls on yuan devaluation

** Exporters top gainers among Indian stocks, rising for a second day after the rupee falls to its lowest since September 2013 crisis on yuan devaluation

** Indian equities have started pricing in further devaluation of yuan and thereby better realisations for export driven companies - analysts

** Also, Credit Suisse says the risk of more capital outflows is higher since China share market expects further currency devaluations

** Infosys gains 1.9 pct, Tata Consultancy Services up 0.8 pct and Tech Mahindra rises 0.9 pct

** Sun Pharmaceutical Industries up 2.3 pct, Divi's Laboratories rises 2.3 pct while Cadila Healthcare is up 1 pct (RM: abhishek.vishnoi.thomsonreuters.com@reuters.net)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below