MARKET EYE-Indian shares up ahead of factory data

Mon Nov 12, 2012 9:55am IST

Related Topics

Stocks

   
Polluted waters of China

Polluted waters of China

Growing cities, overuse of fertilizers, and factory wastewater have degraded China's water supplies to the extent that half the nation's rivers and lakes are severely polluted.  Slideshow 

* 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

Top News

REUTERS SHOWCASE

Kerry's India Visit

Kerry's India Visit

Kerry presses India on WTO deal ahead of arrival  Full Article 

Big Infra Deal

Big Infra Deal

Piramal, Dutch APG tie up for $1 bln infra investment  Full Article 

E-Commerce

E-Commerce

Amazon says to invest $2 billion more in India   Full Article 

Lupin Results

Lupin Results

Q1 net profit up 56 percent on higher U.S. drug sales   Full Article 

Twitter Results

Twitter Results

Twitter assuages growth concerns for now as shares soar 35 percent  Full Article 

Auto Sector

Auto Sector

VW closes in on Toyota as global auto leader  Full Article 

Fed Meeting

Fed Meeting

Fed seen trimming bond buys, could offer vague rate clues  Full Article 

Reuters India Mobile

Reuters India Mobile

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