Indian shares edged lower in line with early weakness in Asian peers, due to losses in financials and healthcare stocks, but gains in oil marketers and an upbeat sentiment over a strong set of inflation data helped cap losses.
Indian shares were largely unchanged as a weak rupee boosted IT stocks, but losses in financials and auto stocks capped the gains.
Indian shares recovered from early losses to trade slightly higher, with gains in the financial and consumer sectors eclipsing losses in large-cap IT stocks.
Indian shares rose, boosted by strong quarterly corporate earnings so far and gains in large-cap stocks such as Reliance Industries Ltd and Tata Consultancy Services Ltd.
Indian shares fell in line with broader Asian markets after posting their best week since mid-2016, as investors were subdued ahead of a key U.S. Federal Reserve meeting.
Indian shares climbed in line with broader Asia and were set for their best week since May 2016, as crude prices fell and the rupee extended gains to touch a one-month high.
Indian shares were largely flat in lacklustre trade, but a firmer rupee weighed down on IT stocks.
Indian shares clawed back earlier losses to end higher on Wednesday, bolstered by a rally in financial stocks after the country’s government stressed that the Reserve Bank of India has autonomy, calming investors worried about a growing public rift with the central bank.
Indian shares fell and were set for their worst month since February 2016, as the rupee weakened on speculation that the central bank governor might resign due to a widening rift with the government.
Indian shares gave up early gains to trade slightly lower, with falls in energy stocks outweighing gains in the IT sector and an extended rally in public sector banks driven by corporate earnings optimism.