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

WTO DEAL

REUTERS SHOWCASE

Factory Activity

Factory Activity

Factories post fastest growth for 17 months in July  Full Article 

Car Launch Ahead

Car Launch Ahead

Tata Motors bets on new sedan to revive weak India sales.  Full Article 

Gold Smuggling

Gold Smuggling

In cat-and-mouse game, India uncovers new gold smuggling route.  Full Article 

Market Eye

Market Eye

FII selling of Indian stocks on Thursday biggest in a month  Full Article 

Profit Falls

Profit Falls

DLF quarterly profit falls 29 pct on lower home sales  Full Article 

Re-gaining Momentum

Re-gaining Momentum

China PMIs jump to multi-month highs in July, add to view economy is steadying  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Reuters India Mobile

Reuters India Mobile

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