Gainers & Losers
NEW DELHI - China became the latest nation to line up for a stake in India's civil nuclear energy drive on Thursday, agreeing to open talks on cooperation in a sector that New Delhi sees as the solution to its chronic power problems.
NEW DELHI - Chinese President Xi Jinping pledged on Thursday to invest $20 billion in India and give its companies greater access to key Chinese markets following talks with Prime Minister Narendra Modi in New Delhi.
MUMBAI - The chairman of India's largest investor, Life Insurance Corporation of India (LIC), said on Thursday he saw few red flags ahead, betting on a long-term rally for the country's stock market under a new pro-business government.
REUTERS - Underwriters for Alibaba Group Holdings are planning to allocate the bulk of the heavily anticipated offering from the Chinese e-commerce company to a group of 25 to 50 large institutions when pricing is completed after the close of trading Thursday, people familiar with the situation said.
KATHMANDU - Nepal’s centre-left cabinet on Thursday cleared the way for Indian firm GMR to build a $1.4 billion hydroelectric plant in the northwest of the country, a cabinet minister said, the Himalayan republic's biggest foreign investment scheme.
MUMBAI - The BSE Sensex and Nifty Indian shares surged nearly 2 percent on Thursday, posting their biggest daily gain in over three months, on hopes foreign buying would continue as country can better weather any Fed-related volatility due to improving fundamentals.
LONDON - At least 15 companies have expressed interest in replacing the century-old London gold benchmark, with a new system seen in place by the end of 2014 as banks effectively call time on the current process, two sources familiar with the matter said.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||6:30pm IST||27,112.21||+480.92||+1.81%|
|.CNXMDCP||CNX Midcap Index - NSE||3:31pm IST||11,803.05||+226.60||+1.96%|
|.CRSLDX||S&P CNX 500 Index - NSE||3:31pm IST||6,560.00||+117.50||+1.82%|
|.NSMIDCP||Nifty Jr||3:31pm IST||17,484.20||+354.30||+2.07%|
|.TRXFLDINP||Thomson Reuters Equity India Index||4:15pm IST||873.35||+15.01||+1.75%|