Indian shares at 19-month closing high; rate-sensitive stocks rally

Thu Nov 29, 2012 3:42pm IST

Related Topics

Stocks

   

MUMBAI, Nov 29 (Reuters) - Indian shares provisionally
closed on Thursday at their highest levels since April 2011,
after the government agreed to a vote on its decision to let
foreign supermarkets set up shop in India, taking a major step
towards ending a deadlock in the parliament. 
    Rate-sensitive shares were leading the gains: ICICI Bank
 rose 4.9 percent, HDFC Bank gains 3.2
percent.
    Tata Motors added 4.46 percent, while DLF 
rose 1.8 percent.
    The BSE index provisionally ended up 1.78 percent
and the NSE index also gained 1.7 percent.  

 (Reporting by Manoj Dharra; Editing by Prateek Chatterjee)
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

Pharma

REUTERS SHOWCASE

Jan Dhan Yojna

Jan Dhan Yojna

Modi: Banking for all to end "financial untouchability".  Full Article 

Power Outage

Power Outage

India may face blackouts as coal shortage cuts power output  Full Article 

Moody's on Inflation

Moody's on Inflation

Persistent inflation hurting India's sovereign ratings - Moody's  Full Article 

Tracking Monsoon

Tracking Monsoon

Monsoon forecast to be better for crops next week  Full Article 

Carmichael Project

Carmichael Project

Adani buys Australia coal mine royalty rights from Linc for $145 million  Full Article 

GDP Preview

GDP Preview

Economy likely grew faster in June quarter: Reuters poll.  Full Article 

India-Japan Meet

India-Japan Meet

Modi eyes breakthrough nuclear pact on Japan trip   Full Article 

Monetary Policy

Monetary Policy

BofA says RBI may cut rates by 75-100 bps starting early 2015  Full Article 

Rare Earth Output

Rare Earth Output

India to chip in with 5 pct of global rare earth output  Full Article 

Reuters India Mobile

Reuters India Mobile

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