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Banking stocks surged, with the Bank Nifty Index hitting a record high on hopes of faster reforms in the sector ahead of a two-day industry meet that starts on Friday. The one-of-a-kind retreat, spearheaded by Prime Minister Narendra Modi along with central bank Governor Raghuram Rajan and Finance Minister Arun Jaitley, will include all top Read More

MUMBAI (Reuters) – The BSE Sensex and Nifty rose more than 1 percent on Friday, heading towards their sixth straight session of gains, helped by banking stocks ahead of an industry meet while a survey showing manufacturing activity expanded at its fastest pace in two years in December also boosted sentiment. Banking stocks advanced on Read More

Indian stock-index futures swung between gains and losses after benchmarks rose for a fifth day. SGX CNX Nifty Index (NIFTY) futures for January delivery fell less than 0.1 percent to 8,343 at 9:37 a.m. in Singapore. The underlying CNX Nifty Index added less than 0.1 percent to 8,284 yesterday. The S&P BSE Sensex (SENSEX) also Read More

Indian stock-index futures dropped, following a 2014 surge in shares that sent the benchmark index to its biggest annual advance since 2009. SGX CNX Nifty Index futures for January delivery fell 0.5 percent to 8,320 at 10:17 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) on the National Stock Exchange of India Ltd. rose Read More