Winter session of parliament in focus for investors

Fri Nov 16, 2012 5:42pm IST

A view of the Indian parliament building is seen in New Delhi July 21, 2008. REUTERS/B Mathur/Files

A view of the Indian parliament building is seen in New Delhi July 21, 2008.

Credit: Reuters/B Mathur/Files

Related Topics

Reuters Market Eye - 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 Sensex 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: Monday: Two-day RBI-Asian Development Bank conference. Thursday: Winter session of parliament begins. Friday: Bank credit, forex reserves data.

FILED UNDER:

Reforms Push

REUTERS SHOWCASE

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

26/11 Plotter

26/11 Plotter

Pakistan to challenge bail for Mumbai attack "mastermind".  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

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