MARKET EYE-Indian shares up ahead of retail FDI vote
* The BSE index rises 0.5 percent to 19,442.61 and the NSE index gains 0.38 percent to 5,911.55. * Asian shares rose on Wednesday, led by gains in Chinese equities. However, concerns over whether U.S. lawmakers can resolve a budget impasse before year-end to avert a possible economic slump weighed on sentiment. * Market mood remains positive ahead of the outcome of the crucial vote on foreign direct investment in multi-brand retail in parliament due later in the day. * Leading the gains HDFC Bank rises 1.4 percent and Larsen & Toubro gains 1.1 percent, while Tata Motors is up 1.33 percent. (email@example.com)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
Facebook Inc's revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales. Article | Facebook's new challenge