MARKET EYE-SGX Nifty gains on hopes of U.S. budget deal

Thu Nov 29, 2012 8:57am IST

Related Topics

* Nifty futures on the Singapore Exchange rise 0.16
percent. The MSCI-Asia Pacific index excluding Japan
 is up 0.58 percent.    
* Asian shares edged higher on Thursday, mirroring U.S. and
European stock rises overnight, as sentiment improved after a
senior U.S. lawmaker said he was "optimistic" on reaching a
budget deal before the end of the year to avoid a fiscal crisis.
   
* Foreign investors bought 10.82 billion rupees of stocks, while
domestic institutions sold 2.08 billion rupees on Tuesday, when
the BSE index rose 1.65 percent.
* India's parliament resumes for a fifth day after being
paralysed for the first four days of the ongoing winter session
and a public holiday on Wednesday. 
*  India's government failed on Wednesday to persuade the
opposition to drop its demand for a vote on a recent decision to
allow foreign supermarkets to set up shop, worsening a standoff
that has paralysed parliament and jeopardised economic reforms.
 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
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