Indian shares likely to consolidate after foreign inflow-driven rally
Published . Updated .
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This report is about India.
Directly affected
- No company is named in this report.
Indirectly affected
- INDA iShares MSCI India ETF-3.2% 12d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).
- HDB HDFC Bank-0.6% 30d
HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- INFY Infosys
Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- RDY Dr. Reddy's Laboratories
Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- MMYT MakeMyTrip
MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| INDA | -2.87% | -0.29% | base | after close | after close | after close | after close |
| HDB | -5.10% | -0.79% | base | after close | after close | after close | after close |
| INFY | +4.19% | +0.73% | base | after close | after close | after close | after close |
| RDY | -2.09% | +1.42% | base | after close | after close | after close | after close |
| MMYT | -2.90% | -1.80% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Indian shares likely to consolidate after foreign inflow-driven rally Reuters
Source: Reuters
This story
| Company | When | Move | Status |
|---|---|---|---|
| HDB | three days earlier | -0.79% | final price |
| HDB | five days earlier | -5.10% | final price |
| INDA | three days earlier | -0.29% | final price |
| INDA | five days earlier | -2.87% | final price |
| INFY | three days earlier | +0.73% | final price |
| INFY | five days earlier | +4.19% | final price |
| MMYT | three days earlier | -1.80% | final price |
| MMYT | five days earlier | -2.90% | final price |
| RDY | three days earlier | +1.42% | final price |
| RDY | five days earlier | -2.09% | final price |
This story
12 out of 100
“Indian shares likely to consolidate after foreign inflow-driven rally” scores 12 out of 100. The score uses 1 sources.