MARKET EYE-India's NSE stock futures breach key 6,000 level

Tue Dec 11, 2012 10:30am IST

Related Topics

* December futures contract for India's 50-share NSE
index crosses the psychologically key level of 6,000
points for the first time since Jan. 7, 2011, extending a rally
after recent reform measures were cleared by parliament. 
* Dealers say the milestone in futures bodes well for the main
NSE index, widely known as Nifty, which has risen 27.8 percent
in 2012 as of Monday's close.
* Passage of banking reforms bill, due to be voted on Tuesday,
and other measures would be key for sustaining the rally that
has seen India outperforming BRICs by a wide margin in 2012 so
far, dealers add.

 (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

School Shooting

School Shooting

Two killed, four wounded in Washington state school shooting.  Full Article 

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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