** Barclays cuts India's FY 17-18 GDP growth forecast to 6.9 pct y/y from 7.8 pct, after reported Q2 GDP of 5.7 pct came as a "downside surprise"
Sept 22 Indian shares ended lower for a fourth straight session on Friday, weighed down by banking stocks, as the government's plan for $7.7 billion stimulus spending raised concerns over fiscal deficit.
Sept 22 Indian shares fell 1 percent on Friday, while the rupee hit its weakest point since early April amid concerns that the government's plan for a stimulus to halt an economic slowdown may have a negative impact on the fiscal deficit.
** Deutsche Bank starts coverage on MRF Ltd and Ceat Ltd with "buy" rating and PT of 80,000 rupees and 2,150 rupees respectively, citing revival in volume growth and margins
** India's Reliance Home Finance Ltd shares opened at 102.10 rupees in its trading debut, rising as much as 5 pct to 107.20 rupees
** India's NSE index breaks below a support at 10,062, the 23.6 pct retracement level of the short-term uptrend from the Aug. 11 low of 9,685.55 to Sept. 19 high of 10,178.95 http://tmsnrt.rs/2xVTofk
Sept 21 Indian shares ended lower for a third straight session on Thursday, weighed down by banks such as ICICI Bank, a day after the U.S. Federal Reserve signalled one more rate hike later in the year.
** Orchid Pharma Ltd jumps by its daily limit of 19.9 pct to 21.35 rupees, highest since Aug 23
Sept 21 Indian shares fell on Thursday, dragged down largely by banks including ICICI Bank as investors booked profits a day after the U.S. Federal Reserve signalled one more rate hike by the end of this year.
Sept 20 Indian shares ended largely unchanged on Wednesday as gains in market heavyweight Reliance Industries Ltd were more than offset by profit-taking in stocks such as ICICI Bank Ltd.
All Indian Indices
|.BSESN||S&P BSE Sensex||22 Sep 2017||31,922.44||-447.60||-1.38%|
|.NSEI||NIFTY50||22 Sep 2017||9,964.40||-157.50||-1.56%|
|.BSEOIL||BSE Oil & Gas||22 Sep 2017||14,940.80||-298.22||-1.96%|
|.BSEMET||BSE Metals||22 Sep 2017||13,338.10||-554.26||-3.99%|
|.BSECG||BSE Capital Goods||22 Sep 2017||17,746.34||-603.52||-3.29%|
|.BSEBANK||BSE Banking||22 Sep 2017||27,398.69||-526.84||-1.89%|
|.BSEREAL||BSE Realty||22 Sep 2017||2,072.05||-92.78||-4.29%|
|.BSEAUTO||BSE Auto||22 Sep 2017||24,361.31||-290.78||-1.18%|
|.BSEPOWER||BSE Power||22 Sep 2017||2,239.35||-50.40||-2.20%|
LONDON Ratings agency Moody's downgraded Britain's credit rating by a further notch on Friday, saying the government's plans to fix the public finances had been knocked off course and Brexit would weigh on the economy.