MARKET EYE-SGX Nifty gains tracking other positive Asian markets

Mon Nov 19, 2012 8:33am IST

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* Nifty futures on the Singapore Exchange rose 0.25 
percent. The MSCI-Asia Pacific index excluding Japan  
 was up 0.52 percent.                
* Asian shares rose on Monday, boosted by a positive tone in
U.S. equities last week, while the yen fell to a near
seven-month low against the dollar on expectations a new
government after next month's election in Japan may deliver more
stimulus.     
* Foreign investors bought 5.09 billion rupees of stocks on
Friday, when the BSE index fell 0.88 percent. 
* Traders remain cautious ahead of 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.

 (abhishek.vishnoi@thomsonreuters.com)
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