MARKET EYE-Indian shares down; FDI vote in upper house key

Thu Dec 6, 2012 2:27pm IST

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A statue of Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi Festival

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* The BSE index falls 0.63 percent to 19,269 and the
NSE index is down 0.64 percent to 5,863, on
profit-booking.   
* The government's win in the retail FDI vote in Lok Sabha on
Wednesday failed to boost sentiment as traders remain cautious
over the vote in the upper house. 
* India's 50-share index has been trading in the "overbought"
territory, with its 14-day relative strength index around 70. 
* Leading the falls Infosys drops 2.1 percent while
Tata Consultancy Services is down 1.7 percent on
Cognizant Technology Solutions Corp SEC filing. 
 
* GMR Infrastructure falls 3.2 percent after a
Singapore court ruled in Maldives' favour on Thursday,
overturning an earlier order given in favour of GMR, suspending
the South Asian country's decision to cancel its $511 million
airport development contract with the company. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
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