MARKET EYE-Indian shares fall; HDFC, Hindustan Unilever hit

Wed Dec 12, 2012 3:04pm IST

Related Topics

Stocks

   

* The BSE index falls 0.09 percent, heading for a
fourth consecutive session of mild losses, while the NSE index 
 falls 0.13 percent.
* Mortgage lender HDFC fell 1.85 percent on
profit-taking after gaining 4.44 percent in previous two
sessions, while shares of Hindustan Unilever falls 2.4
percent on worries it will face higher royalty payments to
Unilever PLC. 
* However, non-banking financial companies gain after Finance
Minister P. Chidambaram said the government has reached
agreement with opposition on a banking bill due to be voted on
in parliament session. 
* The bill would set the groundwork for companies to eventually
gain banking licenses: L&T Finance Holdings gains 4.2
percent, while Reliance Capital gains 4.7 percent.


 (manoj.dharra@thomsonreuters.com)
FILED UNDER:

Religion and Politics

REUTERS SHOWCASE

Fund Raising

Fund Raising

Flipkart raises $700 million in fresh funding.   Full Article 

Reforms Push

Reforms Push

Modi may order insurance, coal reforms if vote delayed - officials.  Full Article 

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

Hacking Attack

Hacking Attack

N.Korea says did not hack Sony, wants joint probe with U.S.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

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