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Emerging Market Sectors Mixed After Tuesday’s Pullback (GOL, TAM, PNCL, DAL, UAUA, PTI, TTM, ROSYY, HIHO, CCM, PWRD)

Posted by Jason Smith at 3:45PM on June 30th

Domestic benchmarks were flat on Wednesday as traders recovered from Tuesday’s beatdown, but BRIC emerging markets stocks were mixed with select individual winners gaining as much as 5%.

As a whole, the Brazil Stocks and ADRs Index is up by 1% for…

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AT&T May Grab a Foothold in India (T, MTE, TCL, SIFY, RDY, PTI, SAY)

Posted by Sue Miller at 6:51AM on June 7th

AT&T (T) is in discussions with India’s Reliance Communications concerning its plans to take a significant minority stake in the Indian cellphone company, according to the Wall Street Journal. The deal would give AT&T up to a 26% stake in Reliance…

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Outsourcing Stocks Rally to End the Week

Posted by Owen Vater at 12:01PM on July 10th

Outsourcing stocks were up on Friday, still leaving many in negative territory for the week.

Yesterday, the Financial Times reported on the growth of India’s outsourcing industry, which “has risen to become the foundation of the country’s modern economy.” A significant portion…

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Indian Equities Strong on Recovery Hopes

Posted by Max Magee at 11:53AM on June 26th

India’s benchmark gained the most in two weeks on Friday.

Indian stocks and ADRs are up in U.S. trading after the country’s Sensex Index capped its biggest daily gain in the last two weeks. Metal producers are leading the rally as…

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Election Sends India’s Equities Flying

Posted by Max Magee at 11:11AM on May 18th

Stocks surged in India after the Congress Party prevailed in elections.

Indian stocks and ADRs are soaring today as investors rejoice over Manmohan Singh’s reelection as Prime Minister. Singh, formerly the nation’s Finance Minister, helped introduce India’s first free-market reforms in…

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