Edition:
United Kingdom

Sachin Ravikumar

Nifty, Sensex fall as China virus spreads; metals stocks slide

4:45am GMT

BENGALURU Indian shares followed Asian peers lower on Monday, dragged down by metals stocks, as fears about the economic impact of China's spreading virus outbreak curbed risk appetite.

Indian shares fall as China virus spreads; metals stocks slide

4:42am GMT

BENGALURU, Jan 27 Indian shares followed Asian peers lower on Monday, dragged down by metals stocks, as fears about the economic impact of China's spreading virus outbreak curbed risk appetite.

Indian shares rebound after sharp fall, banks gain

23 Jan 2020

BENGALURU, Jan 23 Indian shares rebounded on Thursday after a sharp pullback this week, driven by bargain-hunting and well-received earnings reports from Axis Bank and Larsen & Toubro (L&T).

Indian shares rebound with focus on blue-chip earnings; IT, bank stocks rise

22 Jan 2020

BENGALURU, Jan 22 Indian shares rose modestly on Wednesday after two days of declines, as markets awaited a string of blue-chip earnings reports, with banking and IT services stocks leading gains.

Indian shares slip after weak corporate results, gloomy IMF forecast

21 Jan 2020

BENGALURU, Jan 21 Indian shares fell for a second straight day on Tuesday following a slew of weak earnings from top companies and as the International Monetary Fund (IMF) cut its growth forecast for Asia's third-largest economy.

Billionaire Ambani's Reliance posts record profit on consumer strength

17 Jan 2020

MUMBAI/BENGALURU Indian oil-to-telecoms conglomerate Reliance Industries Ltd posted another record quarterly profit on Friday, as double-digit growth at its consumer-facing businesses cushioned weakness in its energy divisions.

SoftBank's Oyo lays off over 1,000 employees in India amid profit push

14 Jan 2020

BENGALURU SoftBank-backed Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an internal memo seen by Reuters, as the loss-making hotel chain cuts costs in pursuit of profits.

Indian shares slip as oil jumps after U.S. air strikes in Mideast

03 Jan 2020

BENGALURU, Jan 3 The Indian rupee weakened and shares slipped on Friday as oil prices surged after U.S. air strikes killed a top Iranian commander, intensifying geopolitical tensions in the Middle East.

Indian shares start 2020 on a high note, infra stocks gain

01 Jan 2020

BENGALURU, Jan 1 Indian shares rose on Wednesday following a New Year's Eve selloff, as infrastructure stocks gained after the government unveiled plans for major investments in the sector.

Indian shares slip on year-end profit booking; Nifty set for 13% jump in 2019

31 Dec 2019

BENGALURU, Dec 31 Indian stocks slipped on Tuesday but hovered around their all-time highs as investors booked year-end profits, while the benchmark Nifty index was poised for a nearly 13% gain in 2019.

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