Tuesday, September 9, 2008

Rupee to drop on weak regionals, stocks

Posted: 08 Sep 2008 10:13 PM CDT

MUMBAI (Reuters) Rupee is expected to open shakily on Tuesday, weighed down by lower Asian stock markets and weaker regional currencies but likely Reserve bank of India intervention may trim sharp falls.

Construction, power stocks rise on India nuclear waiver

Posted: 08 Sep 2008 07:04 AM CDT

MUMBAI (Reuters) - Indian power and construction firms' shares rose as much as 10 percent on Monday, on hopes of growing business opportunities, after the Nuclear Suppliers Group nations lifted a 34-year-old nuclear trade ban against India.

Equity markets keep going up early afternoon

Posted: 08 Sep 2008 03:25 AM CDT

Mumbai Sep 8 (IANS) Indian equity markets continued to trade with hefty gains early Monday afternoon, after opening in the green and moving upwards in initial trade following the NSG waiver to the India-US nuclear deal. Realty, banking and capital goods stocks were in demand.

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