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Stock impact report

Indian shares inch higher; Jet Airways, SpiceJet down [Reuters]

HDFC Bank Limited (HDB) 
Company Research Source: Reuters
Indian shares inch higher; Jet Airways, SpiceJet down | Reuters 2 Min Read * NSE index up 0.19 pct, BSE index 0.36 pct higher * Trend to be buoyant until election - analyst * Govt grounds Boeing 737 Max aircraft By Tanvi Mehta March 13 (Reuters) - Indian shares edged higher on Wednesday, extending gains to their highest in nearly six months, amid weakness in broader Asia over Brexit worries. Foreign institutional investors have once again begun pumping money into Indian equities on hopes of a second term for the current government. “Political risk has now abated and the market is discounting that. The trend up to elections will be quite buoyant... Local sentiment will be the driver. Mid-caps and small-caps will rebound,” said Harendra Kumar, managing director, Elara Securities. Asian shares traded lower as risk appetites soured after British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal, forcing the parliament to decide within days whether to back a no-dea Show less Read more
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