MARKET EYE-Indian shares up on hopes of a favourable FDI vote

Wed Dec 5, 2012 2:11pm IST

Related Topics

Stocks

   

* The BSE index up 0.35 percent at 19,416.51 and the
NSE index gains 0.24 percent to 5,903.85, keeping gains 
before lawmakers vote on government move to allow FDI in retail.
* State Bank of India shares up 1.66 percent. Diwakar
Gupta, managing director and chief financial officer at SBI told
reporters on Wednesday that the Indian government is looking to
infuse 40 billion rupees ($732 million) in the bank.
 
* Tata Motors shares rose 2.3 percent, buoyed by a Morgan
Stanley report which maintained its 'overweight' rating and is
optimistic of a strong rebound in sales in Jan-March quarter.
 
* Property developer DLF Ltd shares up 3 percent on
hopes of strong pick up in new launches in the second half of
FY13 on the back of favourable product-mix skewed towards
premium/luxury segment or plotted development, dealers say.
* Traders say mid-cap and small cap indexes continue to
outperform the benchmark, in a sign of structural bullishness.  
  

 (manoj.dharra@thomsonreuters.com)
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

REUTERS SHOWCASE

TCS Results

TCS Results

TCS net profit rises 51.5 percent, sees stronger sales growth.  Full Article | Quote 

Google Results

Google Results

Google Q1 revenue misses Wall Street targets.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Sparking Boom

Sparking Boom

BlackBerry: the crash that launched 1,000 start-ups.  Video 

Telecom Sector

Telecom Sector

RComm to raise mobile call tariff by up to 20 percent  Full Article 

Chinese Economy

Chinese Economy

China economic growth slows to 18-month low in first quarter  Full Article 

Breakingviews

Breakingviews

Diageo throws money at Indian empire-building  Full Article 

Reuters India Mobile

Reuters India Mobile

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