MARKET EYE-SGX Nifty gains; banking reform, inflation data key

Thu Dec 13, 2012 8:31am IST

Related Topics

* Nifty futures on the Singapore Exchange 0.19 percent
higher. The MSCI-Asia Pacific index excluding Japan
 is also 0.27 percent up.      
* Asian shares extended gains for a seventh day on Thursday,
after the U.S. Federal Reserve took steps to bolster the
economy, putting the yen under pressure as expectations grow for
more aggressive easing from the Japanese central bank next week.
   
* Foreign investors bought 9.52 billion rupees of stocks, while
domestic institutions sold stocks of 3.65 billion rupees on
Wednesday, when the BSE index fell 0.16 percent.   
* Traders are watching developments around the banking reform
bill and inflation data on Friday for further direction. 

 (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

Earnings Season

Earnings Season

Wipro sees rosier end to year as U.S. clients spend.  Full Article 

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Book Keeping

Book Keeping

RBI fires warning shots on companies' lack of FX hedging.  Full Article 

Policy Repo Rate

Policy Repo Rate

Most external members suggested rate cut in RBI's Sept review.  Full Article 

Reuters India Mobile

Reuters India Mobile

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