MARKET EYE-Indian shares fall on profit-booking; IT hit

Thu Dec 6, 2012 9:52am IST

Related Topics

Stocks

   

* The BSE index falls 0.26 percent to 19,340 and the
NSE index is down 0.3 percent to 5,882.75, on
profit-booking.  
* India's 50-share index has been trading in the "overbought"
territory, with its 14-day relative strength index around 70.
* Asian shares were steady near 16-month highs on Thursday,
supported by hopes that U.S. lawmakers will reach a compromise
to avoid the so-called fiscal cliff of year-end tax hikes and
spending cuts which threaten to push the U.S. economy back into
recession. 
* Leading the falls Infosys drops 1.8 percent while
Tata Consultancy Services is down 1.6 percent on
Cognizant Technology Solutions Corp SEC filing.
 

 (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

REUTERS SHOWCASE

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Argentina Debt Default

Argentina Debt Default

Insight - Jaded Argentines brace for looming debt default   Full Article 

Anti-trust Probe

Anti-trust Probe

Microsoft targeted in apparent Chinese anti-trust probe  Full Article 

Mideast Conflict

Mideast Conflict

Israel strikes house of Hamas Gaza leader, digs in for long fight  Full Article 

Stiff Competition

Stiff Competition

China brands beat global rivals with tea toothpaste & pickled plums  Full Article 

Rising From Ashes

Rising From Ashes

With PlayStation network, Sony goes back to the future in search of revival  Full Article 

Reuters India Mobile

Reuters India Mobile

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