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indian-stockMUMBAI: Indian shares hit their highest in nearly 19 months on hopes the logjam in parliament may end after the government agreed to a vote on allowing foreign entry in multi-brand retail and helped by an upgrade of Indian equities by Goldman Sachs.

 

The BSE index rose to its highest since May 2, 2011 when it hit an intraday high of 19,253.87.

 

Goldman Sachs raised Indian stocks to 'overweight' from 'market-weight', citing growth recovery and inflation moderation ahead.

 

The NSE index also hit its highest level since April 28, 2011.

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln