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Indian Markets Down; Rupee Gains Against Dollar
Monday, December 5, 2016 - 12:46am | 286Indian stock markets were trading lower on Monday, as Italian Prime Minister Matteo Renzi vowed to resign after a defeat in a referendum on constitutional reforms. The S&P BSE Sensex dropped 48 points, or 0.18 percent at 26182.85, while the Nifty50 fell 0.13 percent to 8076.10. The BSE...
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Indian Markets Open Lower; Sensex Down Over 200 Points
Friday, December 2, 2016 - 1:32am | 291Indian stock markets were trading lower on Friday, ahead of U.S. jobs data later in the day. The S&P BSE Sensex dropped 227 points, or 0.85 percent at 26332.99. The 30-share index touched a high of 26,445.52 in morning trade. The Nifty50 fell 0.88 percent to 8120.90, after touching a high...
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Indian Markets Open Higher; OPEC Agrees To Cut Production
Thursday, December 1, 2016 - 1:19am | 296Indian stock markets were trading higher on Thursday, as the Organization of the Petroleum Exporting Countries agreed to reduce crude production. The S&P BSE Sensex climbed 43 points, or 0.16 percent at 26695.95. The 30-share index touched a high of 26,769.32 in morning trade. The Nifty50...
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Indian Stock Markets Open Higher; Sensex Up Over 100 Points
Wednesday, November 30, 2016 - 1:03am | 293Indian stock markets were trading higher on Wednesday, ahead of the Organization of the Petroleum Exporting Countries meeting in Vienna. The S&P BSE Sensex climbed 109.2 points, or 0.41 percent at 26503.18. The 30-share index touched a low of 26,402.23 in morning trade. The Nifty50 rose 0....
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Indian Markets Open Higher; Sensex Up Over 200 Points
Tuesday, November 29, 2016 - 12:56am | 279Indian stock markets were trading higher on Tuesday. The S&P BSE Sensex climbed 203 points, or 0.77 percent at 26553.24. The 30-share index touched a low of 26,357.56 in morning trade. The Nifty50 rose 0.77 percent to 8189.80, after touching a low of 8,128.70 in morning trade. The S&P...
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Indian Markets Edge Higher; Rupee Down Against Dollar
Monday, November 28, 2016 - 1:42am | 279Indian stock markets were trading slightly higher on Monday. The S&P BSE Sensex climbed 16.60 points, or 0.06 percent at 26332.98. The 30-share index touched a low of 26,183.22 in morning trade. The Nifty50 rose 0.06 percent to 8119.10, after touching a low of 8,066.50 in morning trade....
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Indian Markets Rise; Sensex Up Over 200 Points
Friday, November 25, 2016 - 1:42am | 319Indian stock markets were trading higher on Friday. The S&P BSE Sensex climbed 217 points, or 0.84 percent at 26077.29. The 30-share index touched a low of 25,874.45 in morning trade. The Nifty50 rose 1.04 percent to 8048.05, after touching a low of 7,976.75 in morning trade. The S&P...
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Indian Markets Edge Lower; Rupee Down Against Dollar
Wednesday, November 23, 2016 - 12:44am | 260Indian stock markets were trading slightly lower on Wednesday. The S&P BSE Sensex dropped 5.5 points, or 0.02 percent at 25955.28. The 30-share index touched a high of 26,130.49 in morning trade. The Nifty50 fell 0.08 percent to 7995.95, after touching a high of 8,055.20 in morning trade...
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Indian Markets Open Lower; Sensex Down 100 Points
Friday, November 18, 2016 - 12:22am | 320Indian stock markets opened lower on Friday. The S&P BSE Sensex dropped 105.13 points to 26,122. The 30-share index touched a high of 26,272.84 in morning trade. The Nifty50 fell 0.31 percent to 8054.55, after touching a high of 8,104.65 in morning trade. The S&P BSE Midcap Index rose...
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Indian Markets Open Higher; Sensex Up 150 Points
Wednesday, November 16, 2016 - 1:04am | 303Indian stock markets opened higher on Wednesday. The S&P BSE Sensex climbed 150 points, or 0.57 percent at 26454.97. The 30-share index touched a high of 26,621.40 in the morning trade. The Nifty50 rose 0.37 percent to 8138.65, after touching a high of 8,210.05 in morning trade. The...
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Demonetization: Why India Banned 86% Of Its Rupee Notes With No Prior Notice
Tuesday, November 15, 2016 - 12:33pm | 366Demonetization. That is what the Indian government is calling the almost complete, overnight elimination of cash in one of the world’s top 10 economies and most populated countries. But Why? On November 8, Prime Minister Narendra Modi surprised a huge part India’s population when he...
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This India ETF Is Perking Up
Tuesday, May 24, 2016 - 2:44pm | 592Conventional wisdom would dictate that although emerging markets stocks and the relevant exchange-traded funds are performing better this year than they have over the past couple of years, this probably is not the time to embrace Indian stocks. After all, commodities prices are rebounding, and that...
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Waiting On The Rupee To Help India ETFs
Tuesday, February 16, 2016 - 10:11am | 557Emerging markets currencies and equities are struggling once again this year, but the WisdomTree Indian Rupee Strategy Fund (NYSE: ICN) continues to be relatively sturdy compared to broader baskets of developing world currencies. ICN “seeks to achieve total returns reflective of both money...
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3 ETFs To Watch After India Rate Cut
Wednesday, March 4, 2015 - 4:38pm | 513On Wednesday, the Reserve Bank of India unexpectedly cut its benchmark lending rate by 25 basis points for the second time this year. The move was likely made to spur growth and debuted alongside a new budget plan designed to lower the country’s fiscal deficit. These two moves may set up...
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How to Profit from India's Plan to Open Stock Market to Foreigners
Monday, January 2, 2012 - 9:57am | 594India has decided to open up its equity market to individual foreign investors in a move aimed at increasing foreign investment in the Indian economy. Investors who wanted to invest in Indian stocks were previously restricted to buying investments like mutual funds, ETFs or the limited number of...