MARKET EYE-Indian shares up ahead of factory data

Mon Nov 12, 2012 9:55am IST

Related Topics

Stocks

   

* The BSE index gains 0.24 percent and the NSE index
 is up 0.28 percent.
*  MSCI's broadest index of Asia-Pacific shares outside Japan
 was up 0.1 percent, but concerns over U.S.
fiscal woes as well as Greece's bailout weighing on Asian
shares. 
* The index of industrial production (IIP), which
measures the output at factories, mines and utilities, is
expected to rise an annual 2.8 percent in September, the fastest
since February, according to a survey of 25 economists.
 
* Banks and tech companies were leading the gains: ICICI Bank
 was up 0.8 percent while Infosys rose 0.7
percent.
* State Bank of India was down 0.3 percent while Tata
Steel fell 1.2 percent, after reporting disappointing
earnings on Friday.

 (manoj.dharra@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

Public Health

REUTERS SHOWCASE

Airtel Profit Jumps

Airtel Profit Jumps

Bharti Q2 net profit more than doubles   Full Article 

Maruti Earnings

Maruti Earnings

Maruti Suzuki net profit up 29 percent, beats estimates.  Full Article 

ICICI Results

ICICI Results

ICICI Bank Q2 profit up 15 percent, beats estimates.  Full Article 

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Market at Record

Market at Record

Sensex, Nifty hit record highs; reforms outpace hawkish Fed.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

End Of QE

End Of QE

U.S. Fed ends bond buying, exhibits confidence in U.S. recovery.  Full Article 

Samsung Results

Samsung Results

Smartphone woes drag Samsung Elec Q3 profit to more than 3-year low.  Full Article 

Refining Margins

Refining Margins

BPCL aims to double refining margins with refinery expansion.  Full Article 

Reuters India Mobile

Reuters India Mobile

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