MARKET EYE-Indian shares edge higher after 5-day losing streak

Fri Nov 16, 2012 1:21pm IST

Related Topics

Stocks

   

* The BSE index gains 0.35 percent, while the NSE index
 
 is up 0.19 percent, on their way to snap a five-session
losing streak.
* During the week the BSE lost 1.14 percent as of Thursday's
close on fears about protracted negotiations over the "U.S.
cliff" and uncertainty about the euro zone.
* Recent under-performers are among the leading gainers.
* Infosys shares rise 3.4 percent after falling 2.2
percent for the week as on Thursdays close, while cigarette
maker ITC gains 0.6 percent after falling 4.06 percent
for the week.
* Bharti Airtel gains 3.6 percent, heading towards its
fourth day of advances, while Idea Cellular is up 3
percent. 
*  Bank of America-Merrill Lynch upgraded Bharti Airtel and Idea
Cellular to 'buy' from 'neutral' citing the positive outcome of
the 2G auction this week.  

 (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

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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