MARKET EYE-Indian shares flat; pharma shares fall

Fri Nov 23, 2012 10:21am IST

Related Topics

Stocks

   

* The BSE index and the NSE index flat, as
investors wait for announcements regarding proposed bills to
open up the insurance, pension and banking sectors in the
ongoing winter session of parliament.
* On Thursday India approved a new drug pricing policy designed
to increase the number of drugs deemed essential that are
subject to price caps, a move that will curtail prices. 
    
* GlaxoSmithKline Pharmaceuticals down 1.2 percent,
Ranbaxy Laboratories falls 0.3 percent.  
* The NSE bank index that gained 1.78 percent outperforming the
50 share NSE index in the last three trading sessions was
trading lower, ICICI Bank down 0.4 percent.
* Hindustan Copper Ltd down 12.46 percent, after
government set the base price at 155 rupees a share for its 4
percents stake sale, way below Thursday's closing price of
266.15 rupees.   

 (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

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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