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

Thu Nov 8, 2012 10:19am IST

Related Topics

Stocks

   
Priyanka Gandhi Vadra, daughter of Congress party chief Sonia Gandhi, adjusts her flower garlands as she campaigns for her mother during an election meeting at Rae Bareli in Uttar Pradesh April 22, 2014. REUTERS/Pawan Kumar

Election 2014

More than 814 million people — a number larger than the population of Europe — are eligible to vote in the world’s biggest democratic exercise.  Full Coverage 

* 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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Oil Imports

Oil Imports

India to make May-July oil payments to Iran - sources.  Full Article 

DLF Shares

DLF Shares

DLF slides 3 percent, underperforms rivals.  Full Article 

Global Economy

Global Economy

Chinese factories stalling as euro zone business picks up  Full Article 

Rupee Falls

Rupee Falls

Rupee falls for third day; foreign fund inflows key.  Full Article 

Record High

Record High

BSE Sensex hits record high for third straight day.  Full Article 

M&M Upgraded

M&M Upgraded

Credit Suisse upgrades Mahindra & Mahindra to 'outperform'  Full Article 

Breakingviews

Breakingviews

Manchester United’s crisis has silver lining  Full Article 

Reuters India Mobile

Reuters India Mobile

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