India Insight

Markets this week: Sensex surges 5 percent on hopes from Modi, ONGC rallies

June 6, 2014

By Ankush Arora and Aditya Kalra

The BSE Sensex ended at a record closing high on Friday, rising 5 percent during the week, as Indian shares rallied on hopes of faster economic recovery after Narendra Modi became India’s prime minister last month.

Brokerages bullish on Sensex, revise targets after Modi win

June 5, 2014

By Sankalp Phartiyal and Aditya Kalra

Indian stock markets rallied to record highs in May with the benchmark BSE Sensex breaching the 25,000 mark for the first time after Narendra Modi won a clear mandate to govern Asia’s third-largest economy.

Telemedicine in India might be just what the doctor ordered

June 4, 2014

Between surgeries and hospital rounds one recent day, Dr. Rajiv Parakh made a dash into his Gurgaon office for an appointment he couldn’t miss: a consultation with a patient who lives hundreds of kilometres away.

Aam Aadmi’s party isn’t over yet, Bhagwant Mann says

June 4, 2014

The one-and-a-half-year-old Aam Aadmi Party’s (AAP) poor performance in this year’s parliamentary elections in India was a big letdown for the anti-corruption party’s members and its leader Arvind Kejriwal. One of the party’s newly elected parliamentarians, Punjabi actor-comedian Bhagwant Mann, is doing his best to keep spirits high. Following are excerpts from two phone conversations with India Insight about the future of the AAP.

India equity funds ride Modi rally in May, post best month in five years

June 3, 2014

India’s diversified equity funds outperformed the broader markets in May and recorded their best monthly performance in five years, as stocks rallied on hopes of an economic revival after the Narendra Modi-led Bharatiya Janata Party (BJP) won a decisive election mandate.

Modi boost helps Sensex rise 8 pct in May, Sesa jumps 51 pct

May 30, 2014

By Ankush Arora and Sankalp Phartiyal

A road sign stands next to the Bombay Stock Exchange building.Indian shares rose sharply and scaled new record highs in May, with the benchmark index rising above 25,000 points on hopes of an economic revival after pro-business Narendra Modi became India’s new prime minister.

Narendra Modi’s new team of ministers

May 27, 2014

The Indian government on Tuesday announced its list of cabinet ministers along with their portfolios, a day after Narendra Modi was sworn in as the new prime minister.

Markets this week: Sesa Sterlite, NTPC top Sensex gainers

May 23, 2014

The benchmark BSE Sensex rose 2.4 percent this week as domestic-oriented stocks surged on hopes the incoming BJP government would keep up its promises to kick start an economy whose growth has dipped to its slowest in a decade.

Markets this week: BHEL, Sesa Sterlite top Sensex gainers

May 16, 2014

By Ankush Arora and Sankalp Phartiyal

India’s stock market closed the week on a record-breaking note as the Bharatiya Janata Party led by Narendra Modi swept the Lok Sabha election, handing the Congress party its worst ever result.

Markets this week: ICICI, Hindalco top Sensex gainers

May 9, 2014

By Sankalp Phartiyal and Ankush Arora

The BSE Sensex and the Nifty rose more than 2 percent in a week that was largely lacklustre until the main stock indexes hit fresh life highs on Friday, buoyed by optimism that India’s principal opposition party would get a majority in the ongoing election.