Sensex gains as rate cut hopes rise as inflation eases
MUMBAI (Reuters) – The BSE Sensex rose on Monday, recovering from seven-month lows after slowing inflation and lower crude and gold prices led to hopes that the Reserve Bank of India will likely cut interest rates at its May review.
Lenders such as State Bank of India (SBI.NS: Quote, Profile, Research) led gainers on hopes the Reserve Bank of India would now have room to ease monetary policy for a third time this year.
Rupee flat; lower retail inflation spurs rate cut hopes
MUMBAI (Reuters) – The rupee ended flat on Friday as a slump in local stocks after a weak revenue guidance from IT bellwether Infosys, was evened out by hopes the central bank would cut interest rates next month after data showed slowing consumer inflation.
The rupee gained a modest 0.5 percent for the week, which has been marked by concerns about outflows after foreign investors sold a net $37.29 million in equities in April and a net $510.57 million of debt, according to the latest available regulatory data.
Indian rupee flat; lower retail inflation spurs rate cut hopes
MUMBAI, April 12 (Reuters) – The Indian rupee ended flat on
Friday as a slump in local stocks after a weak revenue guidance
from IT bellwether Infosys, was evened out by hopes the central
bank would cut interest rates next month after data showed
slowing consumer inflation.
The rupee gained a modest 0.5 percent for the week, which
has been marked by concerns about outflows after foreign
investors sold a net $37.29 million in equities in April and a
net $510.57 million of debt, according to the latest available
regulatory data.
rupee gains, awaiting macro data for cues
MUMBAI (Reuters) – The rupee rose on Wednesday as domestic shares recovered from a five-day slump, though concerns about recent heavy foreign outflows and dollar demand from oil importers kept gains in the local currency in check.
Investors are also growing cautious ahead of the February industrial output data and March consumer inflation due on Friday, which will provide important cues ahead of the central bank’s monetary review on May 3.
Indian rupee gains, awaiting macro data for cues
MUMBAI, April 10 (Reuters) – The Indian rupee rose on
Wednesday as domestic shares recovered from a five-day slump,
though concerns about recent heavy foreign outflows and dollar
demand from oil importers kept gains in the local currency in
check.
Investors are also growing cautious ahead of the February
industrial output data and March consumer inflation due on
Friday, which will provide important cues ahead of the central
bank’s monetary review on May 3.
Sensex at lowest closing level since Sept 13, 2012
MUMBAI (Reuters) – The BSE Sensex extended losses for a fifth session on Tuesday with blue-chips such as Infosys continuing to reel on concerns that foreign investors are paring their holdings ahead of what are expected to be lacklustre earnings reports this month.
Both Sensex and Nifty are now at their lowest closing levels since September 13, 2012, when the government raised diesel prices, kickstarting bold reforms that included opening up the aviation and retail sectors further to foreign investors.
BSE Sensex, Nifty lower for fourth day; IT stocks fall
MUMBAI (Reuters) – The Nifty edged lower on Monday to a near seven-month low as software services exporters fell ahead of what is widely expected to be a lacklustre earnings season, and as foreign funds continued to exit local holdings.
The BSE Sensex notched a fourth consecutive session of falls, tracking a decline in Asian shares after disappointing U.S. jobs data and rising geopolitical tension in the Korean peninsula worried global investors.
Rupee gains; sentiment remains cautious on politics, economy
MUMBAI (Reuters) – The rupee rose on Friday, snapping two sessions of losses, but the gains lacked conviction as the local currency remained buffeted by fears of political instability and macro-economic concerns.
Indian shares have shed over 3 percent in the last three sessions, largely driven by concerns that foreign investors would start selling after being net buyers of over $10 billion so far this year and about $25 billion last year.
Indian rupee gains; sentiment remains cautious on politics, economy
MUMBAI, April 5 (Reuters) – The Indian rupee rose on Friday,
snapping two sessions of losses, but the gains lacked conviction
as the local currency remained buffeted by fears of political
instability and macro-economic concerns.
Indian shares have shed over 3 percent in the last three
sessions, largely driven by concerns that foreign investors
would start selling after being net buyers of over $10 billion
so far this year and about $25 billion last year.
Rupee falls to near one-month low
MUMBAI (Reuters) – The rupee fell to its lowest in nearly a month on Thursday as a continued slump in local stocks led to fears that foreign fund inflows may dry up in the near term.
The rupee has wiped out most of the gains it made so far this year as political instability and concerns over a widening current account deficit have been headwinds to the currency.

