INSUBCONTINENT EXCLUSIVE:
The Sensex was up nearly 100 points while Nifty edged closer to 10,500 mark.
Sensex and Nifty moved higher today amid a rebound in global stocks as trade and
geopolitical worries ebbed
In global markets, the investor sentiment improved also after US President Donald Trump tweeted an attack on Syria "could be very soon or
not so soon at all," allaying fears of an immediate military action that investors fear could lead to wider conflict between Washington and
In another change of tack, Trump has asked his trade advisers to look at re-joining the Trans Pacific Partnership, a multinational trade
pact he withdrew the United States from early last year.The Sensex was up over 150 points while Nifty moved above 10,500 mark
Its shares were up 0.50 per cent
The IT major is expected to announce earnings after market hours today
With improving economic outlook in key markets like the US and higher adoption of outsourcing in Europe and digital services gaining scale,
fiscal year 2018-19 looks better for Indian IT companies, say analysts.Data released yesterday showed domestic retail inflation easing to a
five-month low in March, but remained above the Reserve Bank of India's medium-term target, supporting views that monetary policy is
likely to remain unchanged at the next review in early June
The RBI, which has kept rates steady since a cut of 25 basis points in August, is widely expected to maintain rates at their current level
in the next review in June.Last week, RBI had lowered its April-September retail inflation projection to 4.7 per cent to 5.1 per cent, from
a previous range of 5.1 percent to 5.6 percent released in February
India's consumer price index rose 4.28 percent in March from a year earlier, data released by the Ministry of Statistics showed on
Thursday.Separately, industrial output grew 7.1 percent in February, data released on Thursday showed, in line with 7.0 per cent forecast in
