Market Pulse

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

AirAsia  in India

AirAsia in India

AirAsia India launch seen in Q4; may order 50 more Airbus jets: CEO.  Full Article 

News Corp Writedown

News Corp Writedown

News Corp to take charge of up to $1.4 billion this quarter.  Full Article 

Jet, Spicejet Results

Jet, Spicejet Results

Jet Airways, SpiceJet report quarterly losses.  Full Article | Related Story 

Relief for Lagarde

Relief for Lagarde

IMF's Lagarde escapes formal investigation in court.  Full Article 

Gold Outlook

Gold Outlook

Gold faces more pressure as inflation stays tame.  Full Article 

Steel Output

Steel Output

Jindal to expand steel output, buy mines in West Africa.  Full Article 

Abe's Agenda

Abe's Agenda

Special Report - The deeper agenda behind "Abenomics".  Full Article 

Revenge of Markets

Revenge of Markets

For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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

MARKET EYE-SBI, others gain on capital infusion reports

Related Topics

Stocks

   

Mon Dec 3, 2012 3:22pm IST

* Shares in some state-run lenders including State Bank of India
 outperform the benchmark bank index after
news channels report that the government will take a decision on
capital infusion this week, dealers say.
* In November, Finance Minister P. Chidambaram said the combined
injection of capital will not exceed the 150 billion rupees
($2.73 billion) provisioned in the budget for the fiscal year
ending in March 2013. 
* Lenders likely to get capital rise: State Bank of India rose
1.5 percent, Indian Overseas Bank was 3.3 percent up
while Central Bank of India gained 2.5 percent. The
Bank Nifty was down 0.49 percent.

 (manoj.dharra@thomsonreuters.com)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.