MARKET EYE-Indian shares fall; technology, bank sectors hit

Thu Nov 8, 2012 10:19am IST

Related Topics

Stocks

   
Inside the Peshawar school

Inside the Peshawar school

The aftermath inside the Pakistan school where at least 132 students and nine staff members were killed by Taliban gunmen.  Pictures 

* The BSE index falls 0.45 percent and the NSE index
 is down 0.56 percent. 
* Falls track lower Asian shares as investors worry about the
fiscal crisis in the United States and a further deterioration
in the European economy. 
* Shares of software service providers, which derive a good
portion of profits from the U.S. market, fall: Tata Consultancy
Services down 0.69 percent.
* Traders says the re-election of U.S. President Barack Obama
could be a sentimental negative for the Indian IT sector if it
results in increased scrutiny in outsourcing.
* ICICI Bank falls 1.4 percent on profit booking after
gaining 4.1 percent this month as of Wednesday's close compared
with a 2.5 percent gain in the NSE index.
* State Bank of India falls 0.7 percent ahead of its
quarterly earnings results due on Friday.


 (abhishek.vishnoi@thomsonreuters.com)
FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Hope for SpiceJet

Hope for SpiceJet

Former SpiceJet owner leading rescue plan: reports.  Full Article 

Oil Prices

Oil Prices

Oil rallies above $60, heads for 4th weekly decline on glut.  Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Reuters Exclusive

Reuters Exclusive

Google aiming to go straight into car with next Android – sources.  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

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