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:

REUTERS EXCLUSIVE

Reuters Showcase

Documents' Leak

Documents' Leak

India widens oil leaks probe to defence ministry  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Food Security

Food Security

India will not cut multi-billion dollar food handout programme - PM  Full Article 

Ola's Expansion Drive

Ola's Expansion Drive

Taxi group Ola steps up expansion drive  Full Article 

Bharti-China Mobile

Bharti-China Mobile

Bharti Airtel, China Mobile to collaborate on 4G  Full Article 

Suzlon Energy

Suzlon Energy

Suzlon expects to turn profitable in fiscal 2016: chairman   Full Article 

Eicher Motors Stake

Eicher Motors Stake

Volvo selling up to $300 mln worth of Eicher shares  Full Article 

Tough Task

Tough Task

India needs sustained GDP growth of 9-10 percent - Jaitley.  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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