Indian shares end lower; factory data disappoints

MUMBAI Mon Nov 12, 2012 3:47pm IST

Related Topics

Stocks

   

MUMBAI Nov 12 (Reuters) - Indian shares provisionally closed lower on Monday ahead of a two-day trading holiday after a surprise contraction in industrial production, a fall in exports, and a higher consumer price index deepened fears about the Indian economy.

Larsen & Toubro Ltd ended 0.9 percent lower while cigarette maker ITC Ltd fell 1.35 percent.

However, shares in United Spirits Ltd jumped 34.66 percent after the company agreed to sell a majority stake to Diageo.

The BSE index provisionally fell 0.07 percent, while the 50-share NSE index ended down 0.04 percent.

The stock markets will open for a brief session on Tuesday.

(Reporting By Manoj Dharra; Editing by Anupama Dwivedi)

FILED UNDER:

Reuters Showcase

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Market Eye

Market Eye

Sensex, Nifty end higher after bumpy budget-day trading  Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

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