Markets Nosedive
Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns
The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. Full Article
REUTERS SHOWCASE
Subsidy Compensation
Government to pay state-run fuel retailers $8.1 billion in Q4 oil subsidy. Full Article
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Indian stocks fall 1 pct; IT hit by US 'fiscal cliff' fears
 |
The many faces of Sreesanth
The various emotions and reactions of Shanthakumaran Sreesanth on and off the cricket field. Slideshow
MUMBAI, Nov 15 (Reuters) - * India's benchmark BSE index falls 1 percent while the 50-share NSE index also loses 1 percent. * Falls mirror worsening global risk environment at the prospect of drawn-out negotiations over the U.S. "fiscal cliff." * Software services exporters with U.S. exposure are among the leading losers. Tata Consultancy Services falls 1.8 percent and Infosys declines 2.2 percent. * Cement maker Jaiprakash Associates falls 2.6 percent after posting a 48.6 percent fall in July-September net profit. * Earnings pull down its rivals: UltraTech Cement drops 5.1 percent, while ACC falls 2.2 percent. * However, telecom stocks gain after muted demand at the 2G auction seen reducing prices for airwaves. Bharti Airtel shares gain 3.2 percent. (manoj.dharra@thomsonreuters.com / manoj.dharra.thomsonreuters.com@reuters.net)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters