MARKET EYE WEEKAHEAD-Parliament holds key for Indian shares

Fri Nov 16, 2012 4:13pm IST

Related Topics

* Stock investors in India have their sights fully on the winter
session of parliament set to start on Thursday. 
* The government's will to pass reforms is considered critical
to revive stock markets that have faltered over the past
month-and-a-half.
* The benchmark BSE index rallied 7.7 percent in
September when the government announced a slew of measures,
including opening up the multi-brand retail sector to foreign
investment, that don't require parliament's approval.
* However, worries about implementation and the uncertain
passage in parliament of other key measures, such as foreign
direct investment in pension and insurance, have contributed to
a 2.4 percent fall in the BSE index since the start of October. 
* On the global front, developments in the euro zone as well as
on the U.S. "fiscal cliff" could also weigh on sentiment. 
    
KEY FACTORS/EVENTS TO WATCH:
Mon: Two-day RBI-Asian Development Bank conference 
Thurs: Winter session of parliament begins
Fri: Bank credit, forex reserves data. 

 (abhishek.vishnoi@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