MARKET EYE-SGX Nifty gains tracking steady Asian shares

Wed Nov 21, 2012 8:42am IST

Related Topics

* Nifty futures on the Singapore Exchange rose 0.3
percent. The MSCI-Asia Pacific index excluding Japan  
 was up 0.14 percent.                  
* Asian shares steadied on Wednesday, after two days of gains,
as investors refocused on the risk of a U.S. fiscal crisis
following Federal Reserve Chairman Ben Bernanke's remarks that
the budget impasse was already damaging growth. 
* Foreign investors bought 1.43 billion rupees of stocks on
Tuesday, when the BSE index fell 0.05 percent. 
* India's biggest opposition party holding countrywide protests
to oppose corruption, price rise, retail FDI.
* Investors are looking for signs of the government's resolve to
continue with reforms after introducing a slew of measures in
September, including opening up the multi-brand retail and
aviation sectors to foreign investors. 

 (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

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Market Eye

Market Eye

Nifty retreats from record highs on profit taking.  Full Article 

Waning Enthusiasm

Waning Enthusiasm

Markets' post-election enthusiasm lost on consumers.  Full Article 

Banking Sector

Banking Sector

Banks not allowed to trade in bonds for infra lending - RBI.  Full Article 

Gold Imports

Gold Imports

Govt has no proposal to reduce gold import duty.  Full Article 

Reuters India Mobile

Reuters India Mobile

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