Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
REUTERS SHOWCASE
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
MARKET EYE-SGX Nifty down; Rupee key on risk aversion
* The near-month derivative contract for India's NSE index at Singapore Exchange fell 1 percent, while the MSCI Asia-Pacific ex-Japan also declined 1.3 percent. * Asian shares fell on Friday and the safe-haven dollar hovered near its highest in a week-and-a-half after weak manufacturing data from the United States, Europe and China heightened fears over the outlook for global growth. * Provisional exchange data showed foreign investors sold stocks worth 2.57 billion rupees on Thursday, when the benchmark BSE index closed up 0.8 percent. * Cement stocks on traders' radar after 11 cement makers were slapped with $1.1 billion in fines on Thursday for price fixing, a record penalty from India's increasingly assertive anti-trust regulator. * Traders are closely watching how the rupee behaves after hitting its all-time low on Thursday, for more cues on equities. (abhishek.vishnoi@thomsonreuters.com)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters