Gainers & Losers
MUMBAI - India's stock markets rose on Friday to post their biggest weekly gains since mid-June, tracking a rally in Asian markets after minutes from the Federal Reserve's latest meeting quelled expectations of an imminent U.S. rate hike.
MUMBAI/NEW DELHI - Two Indian states are suffering the first major pest infestation since the country adopted genetically modified cotton in 2002, raising concerns over the vulnerability of the lab-grown seeds that yield nearly all of the cotton in the world's top producer.
NEW DELHI - Car sales in India rose 9.5 percent in September, buoyed by new launches and a recovery in Asia's third-largest economy, industry data released on Friday showed.
SINGAPORE/LONDON - Standard Chartered's new Chief Executive Bill Winters plans to cut up to a quarter of the bank's most senior staff to reduce costs, according to a memo sent to staff, a move likely to result in the loss of around 1,000 top jobs.
LIMA - International Monetary Fund chief Christine Lagarde said on Thursday the global lender may push ahead with interim steps to give emerging markets a bigger say, despite a stalemate in the U.S. Congress over approval of broader governance reforms.
MUMBAI - Two years ago India was a "fragile five" emerging economy growing at five percent, grappling with a severe current account deficit, near double-digit inflation, and the rupee at record lows as the U.S. Federal Reserve prepared to taper its stimulus programme.
REUTERS - India's retail inflation likely picked up in September, driven by higher food prices, but will remain comfortably below the Reserve Bank of India's target and allow room for further policy easing, a Reuters poll showed.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||S&P BSE Sensex||3:51pm IST||27,079.51||+233.70||+0.87%|
|.NSEI||CNX Nifty||3:31pm IST||8,189.70||+60.35||+0.74%|
|.CNXMDCP||CNX Midcap Index - NSE||3:31pm IST||13,255.50||-10.65||-0.08%|
|.CRSLDX||S&P CNX 500 Index - NSE||3:31pm IST||6,829.40||+35.60||+0.52%|
|.NSMIDCP||Nifty Jr||3:31pm IST||19,944.30||-11.45||-0.06%|
|.TRXFLDINP||Thomson Reuters Equity India Index||3:30pm IST||926.07||+3.24||+0.35%|