RPT-MARKET EYE-Indian shares off highs after weak factory data

Mon Nov 12, 2012 12:47pm IST

Related Topics

Stocks

   

(Repeats for additional subscribers with no changes to text)
* The BSE index and the NSE index trade flat,
coming off highs after data showing weaker-than-expected
industrial output in September. 
* Capital good stocks fall after the manufacturing output
sub-index contracts 1.5 percent from a year ago: Larsen & Toubro
 down 0.4 percent and Punj Lloyd falls 1.3
percent.
* Tata Steel falls 1.7 percent after posting on Friday
an unexpected net loss in the July-September quarter and warning
it did not expect an improvement any time soon due to weak
market conditions. 
* But State Bank of India gains 0.9 percent, recovering
after slumping 3.9 percent on Friday when the lender posted an
increase in non-performing loans during the July-September
quarter. 

 (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

REUTERS SHOWCASE

Press Event

Press Event

Modi takes tea, but no questions, in first press event as PM.  Full Article 

School Shooting

School Shooting

Two killed, four wounded in Washington state school shooting.  Full Article 

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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