Indian shares snap 6-day winning streak; L&T falls

MUMBAI Thu Nov 8, 2012 3:40pm IST

Related Topics

Stocks

   

MUMBAI Nov 8 (Reuters) - India's main indexes fell on Thursday, retreating from near 4-1/2 week highs, as recent out-performers such as Larsen & Toubro were hit by profit-taking on worries about budget negotiations in the United States and about Europe's economic troubles.

However Tata Motors rose a provisional 5.4 percent a day after the auto maker reported that July-September margins at its key Jaguar Land Rover (JLR) subsidiary improved from a year ago.

The BSE index provisionally fell 0.3 percent, snapping a six-session winning streak. The 50-share NSE index ended down 0.37 percent. Both indexes had hit their highest in nearly 4-1/2 weeks on Wednesday.

Larsen & Toubro provisionally fell 2 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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

Top News

REUTERS SHOWCASE

Mideast Conflict

Mideast Conflict

Israel says ready to extend short Gaza truce; death toll crosses 1000.  Full Article 

India-WTO Standoff

India-WTO Standoff

India threatens to derail WTO deal, prompts angry U.S. rebuke  Full Article 

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

IPO Probe Ends

IPO Probe Ends

Facebook says SEC's IPO probe ends, extending WhatsApp closing date  Full Article 

World Stocks

World Stocks

Goldman Sachs downgrades stocks to neutral for short term  Full Article 

Not Wanted

Not Wanted

Hard to see how Russia can ever be let back into G7 club - Canada PM.  Full Article 

Disappointing Results

Disappointing Results

Amazon's far-reaching ambitions, lack of profits, unnerve investors  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Reuters India Mobile

Reuters India Mobile

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