Gainers & Losers
NEW DELHI - India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth-largest coal reserves, a source familiar with the matter said.
MUMBAI - An unprecedented ban on India's largest property developer from tapping capital markets has fuelled expectations of tougher penalties ahead, as the country's regulators feel emboldened to take on even companies long sheltered by political connections.
MUMBAI - DLF Ltd on Wednesday appealed for interim relief from the securities regulator order last week barring India's biggest listed property company from tapping capital markets for three years, the company's lawyers said.
REUTERS - Wipro Ltd, India's third-biggest software services exporter, posted about an 8 percent rise in quarterly profit as clients in North America and Europe spent more on technology.
MUMBAI - The BSE Sensex and Nifty rose on Wednesday for a fourth straight session of gains, tracking stronger global markets and closing at their highest in nearly a month as automakers surged on hopes of better sales in the festive season.
MUMBAI - Alarmed at the currency risks that Indian companies are running on their books, the central bank may consider making hedging mandatory if banks cannot persuade their corporate customers to seek protection, several market sources told Reuters.
MUMBAI - The rupee ended flat on Wednesday, as gains in shares amid hopes for more economic reforms from the Narendra Modi government were offset by caution ahead of a long weekend.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||5:32pm IST||26,787.23||+211.58||+0.80%|
|.CNXMDCP||CNX Midcap Index - NSE||3:31pm IST||11,432.80||+113.05||+1.00%|
|.CRSLDX||S&P CNX 500 Index - NSE||3:31pm IST||6,436.55||+58.40||+0.92%|
|.NSMIDCP||Nifty Jr||3:31pm IST||17,162.55||+183.80||+1.08%|
|.TRXFLDINP||Thomson Reuters Equity India Index||4:15pm IST||855.15||+8.84||+1.04%|