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Derek Francis

Sensex, Nifty end lower as virus fears dent sentiment

Sep 21 2020

BENGALURU Indian shares ended lower on Monday, dragged by banking and metal stocks, as a rise in coronavirus cases at home and abroad dented investor sentiment.

Indian shares slightly lower as surging cases, farm bill worry investors

Sep 21 2020

BENGALURU, Sept 21 Indian shares were muted on Monday as gains in IT stocks helped offset losses in other sectors, while surging domestic cases of the novel coronavirus and the passage of a contentious farm bill by lawmakers kept investors cautious.

How India's Silicon Valley saw its COVID-19 success come undone

Aug 25 2020

By Sachin Ravikumar, Derek Francis and Nivedita Bhattacharjee

Indian shares flat as IT gains offset Reliance drop, weak Asian sentiment

Jul 31 2020

BENGALURU, July 31 Indian shares were little changed on Friday, as strength in IT stocks countered a subdued results-led selloff in Reliance Industries and weakness in broader Asian markets after disappointing U.S. GDP data.

Sensex, Nifty pare early gains as stalled U.S. aid talks hit global sentiment

Jul 30 2020

BENGALURU Indian shares erased early gains to end lower on Thursday, as a stalemate on U.S. fiscal support that investors hoped would help cushion the impact of the coronavirus outbreak dented global sentiment.

Indian shares track broader Asia higher after Fed decision

Jul 30 2020

BENGALURU, July 30 Indian shares tracked broader Asia higher on Thursday after the U.S. Federal Reserve left interest rates near zero to support its coronavirus-hit economy, raising hopes for accommodative monetary policies from other central banks.

Indian shares fall as Reliance, IT stocks drag on profit taking after rally

Jul 29 2020

BENGALURU, July 29 Indian shares edged lower on Wednesday as investors took profits in the country's most valuable stock Reliance Industries after an eight-day rally, while the IT sector added to the losses.

Indian shares track broader Asia higher on U.S. stimulus hopes; auto, IT stocks gain

Jul 28 2020

BENGALURU, July 28 Indian shares climbed on Tuesday, led by auto and IT stocks, as stock markets across Asia gained on hopes that another flood of U.S. stimulus would cushion the global impact of renewed coronavirus outbreaks.

Indian shares fall as cenbank report drags banks; virus cases surge

Jul 27 2020

BENGALURU, July 27 Indian shares inched lower on Monday as heavyweight banking stocks fell after a central bank report forecast that bad loans could soar due to a rise in pandemic-led debt burdens, with a record jump in daily virus cases also denting sentiment.

Indian shares slip as virus surge spurs profit taking

Jul 24 2020

BENGALURU, July 24 Indian shares slid on Friday as investors took profit on some of this week's big gainers following a record jump in daily domestic cases of the novel coronavirus, with a muted start in broader Asian markets also denting sentiment.

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