Indian shares end up; banks lead rally

Fri Nov 30, 2012 3:43pm IST

Related Topics

Stocks

   

MUMBAI, Nov 30 (Reuters) - Indian shares provisionally ended
higher for the fourth day in a row after weak GDP data raised
hopes of some monetary easing at the next central bank meeting
on Dec. 18.
    Major banks led the gains, with ICICI Bank rising
1.5 percent, while State Bank of India and mortgage
lender HDFC gaining 1.86 percent each.
    Recent underperformers ONGC rose 4.4 percent,
while BHEL gained 5.2 percent.
    The BSE index provisionally rose 0.76 percent, and
the NSE index added 0.94 percent.

 (Reporting by Manoj Dharra)
FILED UNDER:

Reuters Showcase

Markets Weekahead

Markets Weekahead

Focus on sectors which will build India: Ambareesh Baliga.  Full Article 

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

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