MARKET EYE-Indian shares edge higher; Reliance leads

Tue Dec 4, 2012 10:07am IST

Related Topics

Stocks

   

* The BSE index rises 0.09 percent to 19,322.56, while
the NSE index down 0.11 percent at 5,877.  
* Asian shares dipped on Tuesday after U.S. manufacturing
activity hit a three-year low in November, while the euro
hovered near a six-week high on optimism over a planned debt buy
back by Greece.  
* Reliance Industries gains more than 1 percent after
a report in The Economic Times newspaper said the oil ministry
is poised to approve the company's investment plans for the
controversial KG-D6 block, setting the stage for reversing the
sharp decline in output by developing new fields, citing
government sources. link.reuters.com/vyn44t
 
* Shares in Jet Airways also up 5 percent on reports
that it may sell stake to Etihad Airways. 
* Dealers say Outcome of Parliament's vote on supermarket reform
is key for near term direction. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
FILED UNDER:
  • Most Popular
  • Most Shared

Pending Reform

REUTERS SHOWCASE

Power Theft

Power Theft

India to invest $4 billion to tackle power theft  Full Article 

Debt Funds

Debt Funds

India monitors foreign flows into debt funds, may tighten rules  Full Article 

Bulgari Back in India

Bulgari Back in India

CEO: we shouldn’t have left India so we’re back  Full Article 

 Hindu "Modi-fication"

Hindu "Modi-fication"

Fears grow about Hindu "Modi-fication" of education  Full Article 

Weak Credit

Weak Credit

Hard to hit tax revenue target, credit weak - Jaitley  Full Article 

China Rate Cut

China Rate Cut

China surprises with interest rate cut to spur growth  Full Article 

Gold Imports

Gold Imports

RBI cautious on response to gold import surge  Full Article 

Economic Corridor

Economic Corridor

China commits $45.6 billion for economic corridor with Pakistan  Full Article 

Overseas Funds

Overseas Funds

RBI says overseas borrowed funds can be parked with banks in India  Full Article 

Reuters India Mobile

Reuters India Mobile

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