MARKET EYE-Indian shares fall on profit-taking; aviation shares gain

Mon Dec 3, 2012 2:22pm IST

Related Topics

Stocks

   

* The BSE index down 0.22 percent to 19,297.61 while
the NSE index is also down 0.21 percent at 5,867.50.  
* Indian stocks down after gaining 4.5 percent in November, as
recent outperformers such as HDFC Bank fall on
profit-taking.
* HDFC Bank falls 2.4 percent while ITC is down 1.2
percent.
* However, Aviation stocks such as Jet Airways gain on
a report in Mint newspaper that the airline will soon seek
regulatory approval to tweak its ownership pattern to facilitate
a stake sale to Etihad Airways. 
* Jet Airways gains 5.9 percent while SpiceJet is also up 6.1
percent on speculation over potential stake sale, dealers say.
* Traders closely tracking the vote on foreign investment in
multi-brand retail in parliament for further direction.  

 (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

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Cipla Shares

Cipla Shares

Cipla jumps after key generic launch.  Full Article 

Modi in Japan

Modi in Japan

Japan and India agree to boost strategic ties at summit.  Full Article 

Basel III Norms

Basel III Norms

RBI amends Basel III guidelines for banks.  Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Current Account

Current Account

Balance of payments surplus for third straight quarter.  Full Article 

Book Talk

Book Talk

Reema Abbasi and a glimpse of Pakistan’s Hindu past.  Full Article 

Reuters India Mobile

Reuters India Mobile

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