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☆ Indian shares open marginally higher on oil pullback; IT stocks slip
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: 1 min

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Oct 12 (Reuters) - Indian shares opened marginally higher on Thursday as moderating oil prices boosted sentiment, while a slide in information technology (IT) stocks after Tata Consultancy Services' earnings capped gains. The NSE Nifty 50 index (.NSEI) was up 0.11% at 19,832.70 as of 9:16 a.m. IST, and the S&P BSE Sensex (.BSESN) rose 0.10% to 66,549.26. Reporting by Bharath Rajeswaran in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Varun Organizations: Bombay Stock Exchange, Sensex, REUTERS, Rights, Tata Consultancy Services, NSE, BSE, Thomson Locations: Mumbai, India, Bengaluru

☆ India's Bank of Baroda falls after RBI ban on adding new app customers
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

A woman walks past a signboard of Bank of Baroda outside their branch office in New Delhi, India, June 20, 2023. REUTERS/Anushree Fadnavis/File photo Acquire Licensing RightsBENGALURU, Oct 11 (Reuters) - Shares of Bank of Baroda (BOB.NS) fell nearly 4% on Wednesday, a day after the Reserve Bank of India stopped the state-run lender from adding customers to its mobile app citing "certain material supervisory concerns." Bank of Baroda will be allowed to onboard customers to its bob World app only after rectifying certain deficiencies, the RBI said on Tuesday, without giving any details about the issues. Bob World app has 8.1 million daily transactions, while 43% of time deposits are obtained through the app, the bank had said in its quarterly presentation in August. Shares of Bank of Baroda have underperformed the PSU bank index for the year so far, rising 12% compared to nearly 20% in the index.

Persons: Anushree, Suresh Ganapathy, Macquarie, Bob, Varun Organizations: Bank of Baroda, REUTERS, Rights, Reserve Bank of India, Macquarie, Sethuraman NR, Thomson Locations: New Delhi, India, BOB.NS, Bengaluru

You can use free Cricket World Cup live streams to watch Australia vs. India. Where to watch Australia vs. India Cricket World Cup live streams freeAustralia is one of the only countries with a free Cricket World Cup live stream, courtesy of streaming service 9Now (some will be on sister channel 9Gem; check full TV guide listings here). You won't find every scheduled Cricket World Cup match there, but you can be sure all the matches that Australia's playing will air, including Australia vs. India. Here's a complete list of free matches you can view at 9Now:Date Match October 8 Australia vs. India October 12 Australia vs. South Africa October 14 India vs. Pakistan October 16 Australia vs. Sri Lanka October 20 Australia vs. Pakistan October 21 England vs. South Africa October 22 India vs. New Zealand October 25 Australia vs. Netherlands October 28 Australia vs. New Zealand October 29 India vs. England November 4 Australia vs. England November 5 India vs. South Africa November 7 Australia vs. Afghanistan November 11 Australia vs. Bangladesh November 15 Semi-Final 1 November 16 Semi-Final 2 November 19 FinalNormally, 9Now requires you to be an Australian resident, but you can use a VPN to circumvent the block and sign up for a free account to access the streaming service. Watch Australia vs. India.

Persons: Here's, 9Now, ExpressVPN Organizations: ICC, Cricket, Australia, India Cricket, Sri, Zealand, England, ESPN Plus, Cricket World, Sky Sports Cricket Locations: Australia, 9Now, Africa, India, Pakistan, Sri Lanka, England, Netherlands, Afghanistan, Bangladesh, Australian, United States, Zealand

☆ NYC and its suburbs won't build new housing, so New Yorkers are flooding into Jersey City and driving up prices
▼ + stars: | 2023-09-30 | by ( Eliza Relman | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

But prices are shooting up in Jersey City as its neighbors refuse to build. AdvertisementAdvertisementNew Yorkers have been taking notice of Jersey City real estate for years, and its popularity as an alternative to the ever-less-affordable housing market in the city is growing. Between 2010 and 2018, Hudson County, which includes Jersey City, built housing at more than twice the rate that New York City did. New housing in Jersey City is overwhelmingly market rate rather than being explicitly built as affordable housing for lower- and middle-income residents. "The issues facing Jersey City tenants are multifaceted, but the primary concern is to guarantee housing stability."

Persons: —, Steven Fulop, Alex Armlovich, Armlovich, Noah Sheidlower, Amy Klein, Klein, Isaac Jiménez, It's, Goldman Sachs, Abdul Rehman Khan, Jiménez, Fulop, That's, Rich Boggiano, Khan Organizations: Apple, Service, Jersey, Jersey City, New, Niskanen, realtors, Big Apple, Research, Jersey City . Financial, Seton Hall Law's Center for Social Justice Locations: Jersey City, The North Jersey, Jersey, Hudson County, York City, New York, North New Jersey, Newark, Elizabeth, Manhattan, Brooklyn, New York City, Hudson, New York City , Westchester, Long, New Jersey

☆ Indian shares set to tick up as global markets recover
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 29 (Reuters) - Indian shares were likely to open slightly higher on Friday, tracking gains in Asian peers as global markets stabilised from a recent sell-off, while crude prices eased from 10-month highs. India's GIFT Nifty (.GIFc1) was mostly unchanged at 19,636 points at 8:05 a.m. IST on the NSE International Exchange. Indian benchmarks were on track to end the Sept. quarter with minimal gains after a 10.5% rise in the previous quarter. ** Multi Commodity Exchange (MCEI.NS): India markets regulator has askedco to put on hold the proposed go-live of its new commodity derivatives platform planned for next week.

Persons: Francis Mascarenhas, IHC.AD, Anisha Ajith, Nivedita Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Accenture, U.S . Foreign, Energy, Adani Energy Solutions, International Holding, Adani, Commodity Exchange, Investment, Finance, Thomson Locations: Mumbai, India, U.S, Abu Dhabi, Bengaluru

☆ Indian shares struggle on weak global cues, higher crude prices
▼ + stars: | 2023-09-28 | by ( Sethuraman N R | ) www.reuters.com time to read: +2 min

REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 28 (Reuters) - Indian shares struggled to add to initial gains on Thursday as weakness in global equities markets over fears of higher interest rates and surging crude prices weighed. "Despite the correction, India has still outperformed the global markets.. But, we are also seeing many emerging risks like higher crude prices and depreciation in rupee," said Samrat Dasgupta, chief executive at Esquire Capital Investment Advisors. Crude prices, which rose 3% overnight will hurt India, the world's third-largest importer, which is also reeling under lower-than-expected monsoon rains, triggering inflation risks. Among sectoral indexes, information technology stocks (.NIFTYIT) fell 0.8%, metals (.NIFTYMET) gained 0.6%, while the public sector banks (.NIFTYPSU) climbed 0.9%.

Persons: Francis Mascarenhas, Samrat Dasgupta, Esquire's Dasgupta, Sohini Goswami, Dhanya Ann Thoppil Organizations: Bombay Stock Exchange, REUTERS, Rights, BSE, Esquire Capital Investment Advisors, Treasury, Federal Reserve, Oil India, ICICI Lombard, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru

☆ Indian shares likely to open lower on extended global weakness
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 28 (Reuters) - Indian shares are expected to open lower on Thursday, tracking global markets, as worries over higher interest rates and surging crude prices weighed. Domestic investors will also focus on surging crude prices, which rose 3% overnight. Higher oil prices will negatively impact India, the world's third-largest importer, which is also reeling under lower-than-expected monsoon rains. FIIs sold 3.54 billion rupees ($42.53 million) of shares, while domestic investors bought 3.86 billion rupees shares on Wednesday, provisional exchange data showed.

Persons: Francis Mascarenhas, FIIs, Janane Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Treasury, Dixon Technologies, Sethuraman NR, Thomson Locations: Mumbai, India, Skyserve, Bengaluru

☆ Indian shares set for muted opening on weak global cues
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 27 (Reuters) - Indian shares are set for a muted opening on Wednesday, tracking weakness in global equity markets as investors continue to grapple with prospects of higher interest rates denting economic growth. India's GIFT Nifty (.GIFc1) was mostly unchanged at 19,609 points at 7:34 a.m. IST on the NSE International Exchange. Meanwhile, foreign investors remained net sellers this month, offloading about $1.5 billion of shares as of Sept. 22, after pouring over $15 billion into Indian equities this year. Foreign investors sold 6.93 billion rupees of shares, while domestic investors bought 7.14 billion rupees shares on Tuesday, provisional exchange data showed.

Persons: Francis Mascarenhas, Dhanya Ann Thoppil Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, U.S, Federal, Vedanta, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru

☆ India's Vedanta hits over 1-year low after Moody's downgrades parent
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. REUTERS/Danish Siddiqui/file photo Acquire Licensing RightsBENGALURU, Sept 27 (Reuters) - Shares of Indian conglomerate Vedanta (VDAN.NS) fell to their lowest in over a year on Wednesday after Moody's Investors Service downgraded parent Vedanta Resources' senior unsecured bonds, citing a high risk of debt restructuring in the coming months. The rating agency also raised concerns about the ability of Vedanta Resources' operating subsidiaries to generate cash flow in a "softening commodity price environment." Moody's downgraded Vedanta Resources' unsecured bonds to Caa3 from Caa2, and the corporate family rating of the billionaire Anil Agarwal-owned company to Caa2 from Caa1 while maintaining a negative outlook. Vedanta was the top loser on the Nifty 100 index (.NIFTY100), which was down 0.26%.

Persons: Danish Siddiqui, Anil Agarwal, Vedanta, Rama Venkat, Dhanya Ann Thoppil Organizations: Vedanta, REUTERS, Danish, Rights, Moody's Investors Service, Resources, Vedanta Resources, Thomson Locations: Mumbai, India, Caa2, Caa1, Bengaluru

☆ Indian shares seen opening lower amid sustained foreign selling
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 26 (Reuters) - Indian shares are set to open lower on Tuesday, with higher-for-longer global interest rate expectations driving continuous foreign outflows from the domestic market amid subdued global sentiment. On Monday, the Nifty 50 (.NSEI) and the S&P BSE Sensex (.BSESN) closed mostly unchanged at 19,674.55 points, and 65,958 points, respectively. Foreign investors have been net sellers so far this month, offloading shares worth $1.36 billion, as of Sept. 22 after pouring in over $15 billion into Indian equities this year. On Monday, foreign institutional investors sold 23.33 billion rupees worth of shares, while domestic investors bought 15.79 billion rupees worth of shares, as per provisional exchange data.

Persons: Francis Mascarenhas, Ajith, Eileen Soreng Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, BSE, U.S, Federal, Of India, Realty, Hotel, & Realty, Sethuraman, Thomson Locations: Mumbai, India, Delhi, Bengaluru

☆ Indian shares set for muted opening; Delta Corp in focus after tax notice
▼ + stars: | 2023-09-25 | by ( Sethuraman N R | ) www.reuters.com time to read: +2 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. India's GIFT Nifty (.GIFc1) was up 0.25% to 19,692 points at 7:53 a.m. IST on the NSE International Exchange. Meanwhile, the Nifty 50 index recorded its worst week since February. Domestic markets have come under pressure in September with foreign investors offloading over $1 billion worth of shares as of Sept. 21. Foreign institutional investors (FII) sold shares worth 13.27 billion rupees on a net basis on Friday, while domestic investors bought 8.01 billion rupees, as per provisional stock exchange data.

Persons: Francis Mascarenhas, Abbott, Ajith, Sohini Goswami Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Delta Corp, Bajaj Finance, Abbott India, Sethuraman, Thomson Locations: Mumbai, India, India's Goa, Bengaluru

☆ Indian shares set for subdued open as Fed angst weighs
▼ + stars: | 2023-09-22 | by ( Sethuraman N R | ) www.reuters.com time to read: +2 min

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. Already, foreign investors have been net sellers so far this month, offloading shares worth $996.2 million as of Sept. 20. Foreign institutional investors (FII) sold shares worth 31.11 billion rupees ($375.2 million), on a net basis, on Wednesday and 30.07 billion rupees worth on Thursday, according to stock exchange data. Domestic investors, meanwhile sold shares worth 5.73 billion rupees on Wednesday but bought shares worth 11.58 billion rupees on Thursday, the data showed. Meanwhile, Indian government bonds will be included in JPMorgan's widely tracked emerging market debt index from June 2024, the Wall Street bank said on Friday.

Persons: Francis Mascarenhas, Dalal, Aparna Iyer, Raja, Tesla, Archishma Iyer, Anisha Ajith, Savio D'Souza Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Federal Reserve, Wipro, LG Energy, Exide Industries, Power Systems, Glenmark Pharmaceuticals, Sciences, Glenmark Pharma, Teck Resources, Sethuraman NR, Thomson Locations: Mumbai, India, U.S, Asia, Pacific, Japan, Teck

☆ Indian shares set to open lower with HDFC, Fed decision in focus
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

India's GIFT Nifty (.GIFc1) on the NSE International Exchange was down about 0.1% at 20,080.5 points, as of 8.20 a.m IST. HDFC Bank (HDBK.NS) on Monday said its gross non-performing assets will likely increase as of July 1, after its merger with HDFC. CPP had increased its investment in Indian markets to about $15 billion, as of the fiscal year ending March. Foreign investors sold 12.37 billion rupees ($148.64 million) worth of shares on a net basis on Monday, while their domestic counterparts bought 5.53 billion rupees worth of equity, according to stock exchange data. ($1 = 83.2230 Indian rupees)Reporting by Archishma Iyer in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Niharika Kulkarni, Archishma Iyer, Sonia Cheema Organizations: Bombay Stock Exchange, REUTERS, HDFC Bank, U.S . Federal, NSE, BSE, HDFC, Investors, Bharat Dynamics, IAF, Thyrocare, Tata Motors, Thomson Locations: Mumbai, India, Canada, Bengaluru

☆ Indian shares set for cautious start; all eyes on Fed meeting
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

Bengaluru, Sept 18 (Reuters) - Indian shares are set to begin a holiday-truncated week on a cautious note as investors digested economic data from China and looked ahead to the U.S. Federal Reserve's policy meeting this week. India's GIFT Nifty (.GIFc1) on the NSE International Exchange was up 0.1% to 20,186.5 by 0755 IST. Separately, foreign investors bought 1.64 billion rupees ($19.74 million) worth of shares on a net basis on Friday, while their domestic peers bought 19.39 billion rupees worth of equity, according to stock exchange data. STOCKS TO WATCH** Bharat Electronics (BAJE.NS): Bharat Electronics receives orders worth 30 billion rupees** Axis Bank (AXBK.NS): Investment banking unit co-CEO Chirag Negandhi resigns** HFCL Ltd (HFCL.NS): HFCL received order worth 10.15 billion rupees. ** Tata Steel (TISC.NS): Reaches deal with UK government for investment in the UK steel industry.

Persons: Chirag Negandhi, HFCL, Sridhar Kalyanasundaram, Archishma Iyer, Sonia Cheema Organizations: U.S, NSE, Exchange, Bharat Electronics, Axis, Investment, Tata Steel, Dhanlaxmi, Thomson Locations: Bengaluru, China, U.S . Federal

☆ Indian shares hit fresh record highs on strong China data, U.S. rate pause hopes
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: 1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Sept 15 (Reuters) - India's benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing U.S. rate concerns aided sentiment. The Nifty 50 (.NSEI) was up 0.35% to 20,173.15 by 9:15 a.m. IST, while the S&P BSE Sensex (.BSESN) gained 0.38% to 67,774.46. ($1 = 83.0300 Indian rupees)Reporting by Bharath Rajeswaran and Archishma Iyer in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Archishma Iyer, Sonia Cheema Organizations: Bombay Stock Exchange, REUTERS, Rights, BSE, Thomson Locations: Mumbai, India, China, Bengaluru

☆ India's Nifty 50, Sensex hit record highs on rising hopes of a Fed rate pause
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: 1 min

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Sept 14 (Reuters) - India's blue-chips Nifty 50 and Sensex opened higher and hit fresh all-time highs on Thursday, as sentiment improved after U.S. inflation data cemented the likelihood of a pause in the rate hike cycle by the Federal Reserve. The Nifty 50 (.NSEI) was up 0.29% to a new all-time high of 20,127.95 by 9:15 a.m. IST, while the S&P BSE Sensex (.BSESN) gained 0.24% to 67,627.03. The Nifty had scaled new peaks on Monday and Tuesday, while the Sensex hit a record high for the first time since July 20. ($1 = 82.9000 Indian rupees)Reporting by Bharath Rajeswaran and Archishma Iyer in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Sensex, Bharath Rajeswaran, Archishma Iyer, Janane Organizations: Bombay Stock Exchange, REUTERS, Rights, Federal Reserve, BSE, Thomson Locations: Mumbai, India, Bengaluru

☆ India's Nifty scales new peak; Sensex inches towards record high
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: 1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Sept 12 (Reuters) - Indian shares opened higher on Tuesday, with the benchmark Nifty 50 hitting a record high for the second consecutive session, ahead of retail inflation data for August. The Nifty 50 (.NSEI) index was up 0.45% at 20,079.50 by 9:16 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.44% to 67,443.08. While the Nifty hit fresh all-time high on Tuesday, the Sensex is about 0.5% shy of the record high hit on July 20. Reporting by Bharath Rajeswaran and Archishma Iyer in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Archishma Iyer, Dhanya Ann Thoppil Organizations: Bombay Stock Exchange, REUTERS, Rights, BSE, Thomson Locations: Mumbai, India, Bengaluru

☆ With Indian rupee near record low, cenbank steps up NDF intervention
▼ + stars: | 2023-09-07 | by ( Nimesh Vora | ) www.reuters.com time to read: +2 min

"The RBI intervened on NDF in the morning (before local over-the-counter, OTC, markets opened) and it did the same yesterday," the head of treasury at a private sector bank said. The banker said the RBI has been intervening in the NDF market via the BIS (Bank of International Settlements) and a large U.S.-based bank. At times, we see (Indian) public sector bank names," the head of proprietary trading at a foreign bank said. By the time local OTC markets opened on Thursday, the contract had retreated to 83.20 and the spot opened at 83.12. Apart from NDF, the central bank has been likely supplying dollars via public sector banks in the local OTC market, traders said.

Persons: Francis Mascarenhas, Nimesh Vora, Savio D'Souza Organizations: Bank of India, REUTERS, Rights, Reserve Bank of India, Reuters, U.S, BIS, Bank of International, New, Thomson Locations: Mumbai, India, Rights MUMBAI, U.S, Asia, New York

☆ Indian shares open higher on hopes of US rate pause
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: 1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 4 (Reuters) - Indian shares opened higher on Monday, after U.S. jobs data raised hopes of a U.S. Federal Reserve rate pause later this month and strong domestic macroeconomic data. The Nifty 50 (.NSEI) index was up 0.34% at 19,504.60 at 9:17 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.30% to 65,573.50. Reporting by Bharath Rajeswaran in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Eileen Soreng Organizations: Bombay Stock Exchange, REUTERS, Rights, U.S, Federal, BSE, Thomson Locations: Mumbai, India, Bengaluru

The Nifty 50 (.NSEI) index was up 0.4% at 19,333.85 at 11:47 a.m. IST, while the S&P BSE Sensex (.BSESN) increased 0.33% to 65,043. Foreign inflows moderated to a four-month low of 122.52 billion rupees ($1.48 billion) in August. Hindalco (HALC.NS), Tata Steel (TISC.NS) and JSW Steel (JSTL.NS) were among the top Nifty 50 gainers. The Nifty 50 and Sensex have risen marginally this week so far, including today's gains. Among individual stocks, ITD Cementation (ITCM.NS) surged 11.5% on winning a contract worth 32.90 billion rupees ($397.9 million).

Persons: Francis Mascarenhas, Ghanshyam, ITD, Bharath Rajeswaran, Manvi, Eileen Soreng, Janane Venkatraman, Sonia Cheema Organizations: Bombay Stock Exchange, REUTERS, Rights, BSE, SAMCO Mutual Fund, Tata Steel, JSW, Investors, Federal Reserve, Thomson Locations: Mumbai, India, China, Manvi Pant, Bengaluru

☆ Indian shares open higher; small- and mid-caps outperform
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: 1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Aug 31 (Reuters) - Indian shares opened marginally higher on Thursday, led by information technology (IT) stocks, ahead of the gross domestic product (GDP) data for the June quarter. The Nifty 50 (.NSEI) index was up 0.10% at 19,365.80 at 9:17 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.15% to 65,184.65. Reporting by Bharath Rajeswaran in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Eileen Soreng Organizations: Bombay Stock Exchange, REUTERS, Rights, BSE, Thomson Locations: Mumbai, India, Bengaluru

People in Mumbai celebrate the successful lunar landing of Chandrayaan-3 on the south pole of the Moon on August 23. Chandrayaan-3’s journeyAs Chandrayaan-3 approached the moon, its cameras captured photographs, including one taken on August 20 that India’s space agency shared Tuesday. India’s lunar lander consists of three parts: a lander, rover and propulsion module, which provided the spacecraft all the thrust required to traverse the 384,400-kilometer (238,855-mile) void between the moon and Earth. The lander, called Vikram, completed the precision maneuvers required to make a soft touchdown on the lunar surface after it was ejected from the propulsion module. A view of the moon as viewed by the Chandrayaan-3 lander during Lunar Orbit Insertion on August 5, 2023.

Persons: Vikram, India’s, ”, Somanath, Abhishek Chinnappa, “, Ashish Kumar Verma, Charvi Katare, Shah Rukh Khan, Sachin Tendulkar, “ Humble, Ursula von der Leyen, Narendra Modi, Russia’s Luna, Indranil Mukherjee, Modi, Jaishankar, Sergey Lavrov, ” Lavrov, Somnath, Bill Nelson Organizations: New, New Delhi CNN, Wednesday, Indian Space Research Organization, ISRO, Indian Space Research Organisation, of Scientific, Industrial Research, Twitter, European Union, Russia –, Soviet Union, Workers, Getty Images, ” India’s, NASA Locations: New Delhi, India, Sikh, Mumbai, ”, Russia, United States, China, Washington, assertiveness, Ukraine, Delhi, Moscow, South Africa, Johannesburg

☆ Chandrayaan-3 landing: India could become the fourth country ever to land a spacecraft on the moon
▼ + stars: | 2023-08-23 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —India is on the brink of a historic attempt to land its Chandrayaan-3 spacecraft on the moon that could make it only the fourth nation ever to accomplish such a feat. India’s space agency will livestream the landing attempt starting at 5:20 p.m. IST (7:50 a.m. Previously, only the United States, China and the former Soviet Union have completed soft landings on the lunar surface. Russia’s Luna 25 spacecraft crashed into the moon on August 19 after its engines misfired, ending the country’s first lunar landing attempt in 47 years. Indranil Mukherjee/AFP/Getty ImagesIndia’s mission has taken on even greater significance since Russia’s failed Luna 25 landing attempt.

Persons: nation’s, Russia’s Luna, Vikram, Angela Marusiak, she’s, Marusiak, “, ” Marusiak, Satish Dhawan, Indranil Mukherjee, Luna, landers, Artemis, Bill Nelson, India’s Organizations: CNN, Indian Space Research Organization, Soviet Union, University of Arizona’s, Laboratory, Satish Dhawan Space, YouTube, Getty, Japan Aerospace Exploration Agency, United, NASA Locations: India, United States, China, France, Sriharikota, Andhra Pradesh, Mumbai, Israel, Japan, Artemis, Russia

☆ Indian shares open higher ahead of RBI minutes, central bankers' meet
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: 1 min

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Aug 23 (Reuters) - Indian shares opened marginally higher on Wednesday amid muted global market moves, with traders awaiting the Reserve Bank of India's policy meeting minutes and a key global central bankers' gathering. The Nifty 50 (.NSEI) index was up 0.10% at 19,414.20 at 9:15 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.09% to 65,278.01. Reporting by Bharath Rajeswaran in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Varun Organizations: Bombay Stock Exchange, REUTERS, Rights, Reserve Bank of, BSE, Thomson Locations: Mumbai, India, Bengaluru

☆ Chandrayaan-3 captures images of moon ahead of landing
▼ + stars: | 2023-08-22 | by ( Jackie Wattles | ) edition.cnn.com time to read: +2 min

CNN —India’s Chandrayaan-3 spacecraft is swooping toward the moon’s surface ahead of its historic landing attempt, and it’s capturing some stunning visuals on the way. India’s space agency will livestream the landing attempt starting at 5:20 p.m. IST (7:50 a.m. The spacecraft has been making a slow, methodical approach toward the lunar surface. The mission marks India’s second attempt to complete a soft landing on the moon. The first attempt, in 2019 with Chandrayaan-2, crashed into the lunar surface because of software issues and difficulties braking on its descent.

Persons: CNN — India’s, ISTRAC, Satish, Space Organizations: CNN, Indian Space Research Organization, Soviet, ISRO, Mare, Operations, isro Locations: India, United States, China, Soviet Union, MOX, Sriharikota, India’s, Andhra Pradesh, Chandrayaan

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