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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Economic Pulse

REUTERS SHOWCASE

Apple Result

Apple Result

Apple's iPhone sales beat Street but iPad volumes slide.  Full Article 

Nadella's Paycheck

Nadella's Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Deregulation Impact

Deregulation Impact

Private fuel retailers to dip toe, not dive back, into India  Full Article 

Airport Accident

Airport Accident

Total CEO de Margerie killed in Moscow plane accident - airport spokeswoman.  Full Article 

Gold Import

Gold Import

RBI will not change gold import rules - sources  Full Article 

Idea Results

Idea Results

Idea Cellular Q2 profit up 69 percent  Full Article 

An RBI First

An RBI First

RBI releases minutes of financial stability council's Aug meet  Full Article 

IBM Earnings

IBM Earnings

IBM ditches 2015 operating EPS target, shares slump 7 pct  Full Article 

Reuters India Mobile

Reuters India Mobile

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