Aug 28 - Indian shares rose on Friday on the back of upbeat U.S. economic data, but posted their biggest weekly decline in nearly three months, bruised by a global selloff earlier this week.
GLOBAL MARKETS ROUNDUP * Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week. * The dollar held at one-week highs against a basket of major currencies early on Friday, having benefited from upbeat U.S. data and as investors continued to cut back on safe-havens such as the yen. * Crude oil futures rose on Friday in Asian trading, adding to their biggest on
* First day of Sept F&O contracts, mkts could be volatile-analyst
NEW YORK - Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.
Aug 27 - Indian shares gained 2 percent on Thursday, their biggest single-day percentage gain in seven-and-a-half months, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts.
MUMBAI, Aug 27 - Indian stocks gained more than 2 percent on Thursday, heading for their biggest daily gains in two weeks, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts at the end of the session.
Aug 27 - Indian shares rose more than 1 percent on Thursday, heading for their biggest single-day gain in nearly two weeks, as a sharp rebound on Wall Street last night eased fears of a protracted global market rout.
** Indian central bank says FII limit in Hathway Cable increased to 74 pct from 49 pct
** Cairn India rises as much as 8.1 pct; builds on gains of previous two sessions
** Sees downside risks to earnings driven by heady valuations, moderate domestic demand and dissipating FX tailwinds
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||28 Aug 2015||26,392.38||+161.19||+0.61%|
|.NSEI||Nifty||28 Aug 2015||8,001.95||+53.00||+0.67%|
|.BSEOIL||BSE Oil & Gas||28 Aug 2015||8,853.69||+80.13||+0.91%|
|.BSEMET||BSE Metals||28 Aug 2015||7,401.72||+56.65||+0.77%|
|.BSECG||BSE Capital Goods||28 Aug 2015||16,326.03||+32.48||+0.20%|
|.BSEBANK||BSE Banking||28 Aug 2015||19,703.42||-46.15||-0.23%|
|.BSEREAL||BSE Realty||28 Aug 2015||1,277.73||-6.27||-0.49%|
|.BSEAUTO||BSE Auto||28 Aug 2015||18,003.50||+179.71||+1.01%|
|.BSEPOWER||BSE Power||28 Aug 2015||1,863.16||+9.91||+0.53%|
Nifty Most Actives
REUTERS - There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.