MARKET EYE-SGX Nifty falls; worries over US fiscal cliff

Thu Nov 8, 2012 8:45am IST

Related Topics

Stocks

   

* Nifty futures on the Singapore Exchange down 0.84
percent. The MSCI-Asia Pacific index excluding Japan 
 also falls 0.96 percent.            
* Asian shares fell on Thursday as investors worried about the
fiscal crisis in the United States and the European economy's
further deterioration, underpinning safe-haven currencies such
as the yen and dollar. 
* Foreign investors bought 7.28 billion rupees of stocks on
Wednesday, when the BSE index rose 0.45 percent,
provisional exchange data showed. 
* Major earnings on Thursday: Oil and Natural Gas Corp Ltd
, Ranbaxy Laboratories Ltd, Sun
Pharmaceutical Industries Ltd, Steel Authority of India
Ltd, and Reliance Communications Ltd.
* Also on watch, federal cabinet meet on $5.7 billion mobile
phone airwave surcharge plan, telecoms M&A rule, new pharma
policy.            

 (abhishek.vishnoi@thomsonreuters.com)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Market Eye

REUTERS SHOWCASE

Climate Change

Climate Change

Climate change to cut South Asia's growth 9 percent by 2100 - ADB.  Full Article 

Ballmer Exits

Ballmer Exits

Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers  Full Article 

Bribery Investigation

Bribery Investigation

Owed $6 billion, banks sharpen scrutiny of steelmaker Bhushan  Full Article 

Deal Talk

Deal Talk

JSW to buy Welspun Maxsteel for enterprise value of $165 million.  Full Article 

Needless Spending

Needless Spending

Exclusive - Icahn says Family Dollar wasting over $300 mln in breakup fees .  Full Article 

Luring Customers

Luring Customers

With cigars and crystal, Volvo makes eyes at Chinese rich.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage