* BSE index gains 1.2 pct; NSE ends 1.3 pct higher * Adani Group stocks surge * Jubilant shares plunge after FDA warning over U.S. plant By Abhishek Vishnoi MUMBAI, Dec 5 - Indian shares rose more than 1 percent on Thursday to their highest close in a month as stocks of blue chip companies such as ICICI Bank surged after exit polls predicted a strong showing for the key opposition party in state elections held recently. Confirmation of the exit poll predictions of
MUMBAI, Dec 5 - Indian shares rose over 1 percent on Thursday to mark their highest close in a month, as stocks of blue chips, including lenders surged after exit polls predicted a strong showing for the key opposition party in state elections held recently.
* India's Adani Group shares rally after exit polls predict a strong showing for the key opposition Bharatiya Janata Party and its prime ministerial candidate Narendra Modi in state elections held since November. * Adani Group is based in Gujarat state, where Modi is chief minister. * Because of the location and perceptions of close ties between Adani and the BJP, shares of the Adani Group can at times move depending on the perceptions of electoral success for the party. * Adani Enterprises Lt
MUMBAI, Dec 5 - India's benchmark BSE index rose as much as 2.2 percent on Thursday to approach a record high after exit polls predicted a strong showing for the key opposition party in state elections held since November.
* UBS sets India's NSE index 2014 target at 6,900 and says it expect the Nifty to trade between 5,500 and 6,900 for the year based on its valuations and FY15 earnings growth estimates of 10-15 percent for the NSE index. * The investment bank adds tapering is not a big fundamental worry for India, but a depreciating rupee may yet be a likely trend. More than 30 percent of Nifty earnings benefit from the depreciating rupee and this could provide some stability for overall market earnings. * UBS ad
Dec 5 - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 1.3 percent higher, while the MSCI-Asia Pacific excluding Japan index is down 0.24 percent. * Asian markets were off to a nervous start on Thursday as never- ending speculation about the fate of U.S. stimulus lifted bond yields, while Japanese shares tried to find their footing after taking a spill. * The Dow and the S&P 500 finished lower for the fourth consecutive session on Wednesday after investors found
* Nifty futures on the Singapore Exchange are 1.3 percent higher, while the MSCI-Asia Pacific excluding Japan index is down 0.24 percent. * India's Hindu nationalist opposition party emerged as the biggest winner in four key state elections, exit polls forecast on Wednesday, a possible blow to the ruling Congress party ahead of a general election due next year. * India has held elections in Delhi, Madhya Pradesh, Rajasthan and Chhattisgarh states over the past month, as well as in the small st
* BSE index falls 0.7 pct; NSE ends 0.66 pct lower * Auto shares fall on lower-than-expected Nov sales By Abhishek Vishnoi MUMBAI, Dec 4 - Indian shares fell for a second consecutive session on Wednesday as investors locked in profits in shares of blue chip companies such as ICICI Bank ahead of U.S. monthly jobs data and results of state elections due later in the week. India's capital Delhi held local elections on Wednesday as part of a slew of state polls this month.
MUMBAI, Dec 4 - Indian shares fell on Wednesday to mark their second consecutive day of losses as investors locked in profits in blue chip shares such as ICICI Bank ahead of major risk events including U.S. jobs data and state elections results due later in the week.
* Shares of Indian tractor maker VST Tillers Tractors Ltd and miner Ashapura Minechem Ltd rally after large institutional investors bought stakes, traders said. * Merrill Lynch Capital Markets Espana, a Spanish unit of Merrill Lynch & Co, bought 510,397 shares in Ashapura through block deals on Tuesday, exchange data showed. * HDFC Mutual Fund bought 75,079 shares in Ashapura, the data showed. * Shares of VST rose as much as 9.04 percent, while Ashapura gained 8.8 percent in early trades, sendi
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MUMBAI - The rupee rose to a five-week high against the dollar and stocks jumped to near record highs on Thursday as exit polls predicted a strong showing for the key opposition party in recent state elections.