Asian stocks rose for a
second day on Monday after a slump in US home sales eased speculation the
Federal Reserve will reduce economic stimulus next month.
The market may remain volatile this week as traders roll
over positions in the futures & options (F&O) segment from the near
month August 2013 series to September 2013 series. The near month August 2013
derivatives contract expire on Thursday, 29 August 2013.
Equity Market Updates:
·Indian ADRs ended higher on Friday.
·In the IT space, Wipro gained 2.35 percent at USD 9.13
·Infosys rose 1.56 percent at USD 47.61.
·In the banking space, ICICI Bank added 1.28 percent at USD 27.68
·HDFC Bank gained 1.28 percent at USD 30.10.
·In the other sectors, Tata Motors was up 3.28 percent at USD 23.61.
·Indian ADRs ended higher on Friday.
·In the IT space, Wipro gained 2.35 percent at USD 9.13
·Infosys rose 1.56 percent at USD 47.61.
·In the banking space, ICICI Bank added 1.28 percent at USD 27.68
·HDFC Bank gained 1.28 percent at USD 30.10.
·In the other sectors, Tata Motors was up 3.28 percent at USD 23.61.
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