MUMBAI, March 5 - Indian shares edged up on Thursday in a volatile session as consumer and healthcare stocks such as Sun Pharmaceutical Industries rose with investors favouring defensive bets, though losses in telecoms and banks capped gains.
The benchmark BSE index lower 0.40 percent and the broader NSE index down 0.52 percent, as blue-chips fall on profit-taking. Weakness in Asian shares also weighs. Indian markets will be closed for a public holiday on Friday.
** NSE index may fall to a key support of 8,600 before resuming its uptrend, according to technical analysts
** Aban Offshore units redeem outstanding bonds of up to $216 million
** Cairn India Ltd, India's largest private sector crude oil producer, falls 3.5 pct to its lowest since Feb 2
** Shares in India's road construction companies surge ** GMR Infrastructure gains 1.5 pct, Ashoka Buildcon adds 2.4 percent, KNR Constructions is up 1.7 percent and J Kumar Infraprojects gains 0.6 pct ** India's Cabinet Committee on Economic Affairs cleared six projects worth 126.7 billion rupees ($2.04 billion) (http://bit.ly/1m5FOds) ** The announcement is a huge positive to construction firms as it revives sentiment-traders ** Further, the government has announced its i
** Shares in India's Pipavav Defence and Offshore Engineering slump 10 percent ** Reliance Infrastructure has agreed to buy the company at 63 rupees a share, a 17.6 pct discount to its close on Wednesday ** Pipavav shares surged 90.1 pct so far this year till Wednesday ** However, shares in Reliance Infrastructure gain 2.5 pct ** This acquisition certainly gives Reliance a leg-up in the naval business given significant ordering expected for submarines and warships - Edelweiss Se
** Shares in Indian insurance firms such as Max India Ltd gain 0.9 percent and Reliance Capital Ltd adds 0.8 percent ** Indian parliament's lower house passed insurance bill that seeks to increase the foreign investment limit in local insurers to 49 percent from 26 percent ** Opposition Congress party voted along with the ruling party, which will enable smooth passage of the bill in the upper house as well, traders say (Reuters Messaging: email@example.com)
NEW YORK - U.S. stocks closed down on Wednesday for the second day in a row as investors stepped back after a recent rally ahead of jobs data due later in the week.
MUMBAI, March 4 - Indian shares fell on Wednesday, retreating from record highs hit earlier in the session, as the initial surge after an unexpected rate cut by the central bank was offset by profit-taking and on speculation foreign investors sold blue-chips.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||5 Mar 2015||29,448.95||+68.22||+0.23%|
|.NSEI||Nifty||5 Mar 2015||8,937.75||+15.10||+0.17%|
|.BSEOIL||BSE Oil & Gas||5 Mar 2015||9,777.36||-11.64||-0.12%|
|.BSEIT||BSE IT||5 Mar 2015||11,952.32||-70.06||-0.58%|
|.BSEMET||BSE Metals||5 Mar 2015||10,043.43||-196.46||-1.92%|
|.BSEFMCG||BSE FMCG||5 Mar 2015||8,250.71||+87.00||+1.07%|
|.BSECG||BSE Capital Goods||5 Mar 2015||18,291.58||-109.70||-0.60%|
|.BSEBANK||BSE Banking||5 Mar 2015||22,641.95||+127.07||+0.56%|
|.BSEREAL||BSE Realty||5 Mar 2015||1,794.95||-0.28||-0.02%|
|.BSEAUTO||BSE Auto||5 Mar 2015||19,697.49||+96.23||+0.49%|
|.BSEPOWER||BSE Power||5 Mar 2015||2,286.37||+8.37||+0.37%|
|.BSEHC||BSE Healthcare||5 Mar 2015||16,991.33||+421.58||+2.54%|
Nifty Most Actives
MUMBAI - A new bank announced in the annual budget last week could boost loans and cut borrowing costs for the country's cash-starved small businesses - tailors, mechanics and phone booth operators who account for around a fifth of the economy.