Arab Today, arab today india’s sensex has year’s best rally
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

India’s Sensex has year’s best rally

Arab Today, arab today

Arab Today, arab today India’s Sensex has year’s best rally

New Delhi - Bloomberg

Indian stocks had the year’s best rally as global equities advanced ahead of a European Central Bank meeting later on Wednesday to decide on interest rates, and as recent declines lured investors. State Bank of India, the nation’s biggest lender, paced gains among its peers. Tata Motors Ltd., the largest truckmaker and owner of Jaguar Land Rover, jumped the most in about four months. The BSE India Sensitive Index soared 2.7 per cent to 16,454.3 at close, matching the gauge’s advance on January 3. Interest rates were not cut by the ECB as most economists predicted. UTI Asset Management Co., the country’s best-performing debt-fund manager, expects the Reserve Bank of India to cut its key interest rate by 25 basis points at its review on June 18 after Deputy Governor Subir Gokarn signalled slowing growth and lower oil prices increased scope for easing. India’s economy grew 5.3 per cent in the March quarter from a year earlier, the least in nine years. The RBI cut rates on April 17 for the first time in three years, after raising it a record 13 times from mid-March 2010 to October 2011 to cool consumer prices. Inflation averaged 7.1 per cent in the first four months of this year, compared with 9.5 per cent in the whole of 2011. Crude-oil prices in New York have fallen 14 per cent this year. Offshore investors withdrew a net $103 million (Dh378.8 million) from local shares on June 4, reducing their investment in Indian equities this year to $8.3 billion, according to the market regulator. Foreigners reduced holdings by $273 million in May. Still, investments into local equities are at record levels, according to data compiled by Bloomberg.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india’s sensex has year’s best rally Arab Today, arab today india’s sensex has year’s best rally

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india’s sensex has year’s best rally Arab Today, arab today india’s sensex has year’s best rally

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday