MARKET EYE-Indian shares await WPI; ACC, ITC fall

Thu Dec 13, 2012 2:10pm IST

Related Topics

Stocks

   

* The BSE index is down 0.51 percent and the NSE index
 falls 0.55 percent.  
* BSE index is heading towards its fifth day of decline on
Thursday as market participants await the outcome of inflation
numbers on Friday that will set the tone for the central bank's
policy meeting on Dec. 18.
* Wholesale prices likely rose 7.60 percent in
November from a year earlier, compared with 7.45 percent in
October, a Reuters poll showed. 
* Index heavyweight ITC falls 3.7 percent after FTSE
lowered its free float weighting for the cigarette maker in its
global equity index series, according to the website of the
index provider. 
* Cement maker ACC falls 3 percent after the board
approved payment of technology and knowhow fees to its parent
Holcim Limited. 
* Tata Motors gains 4.3 percent, ahead of Jaguar Land
Rover unit's wholesale volume numbers.
  

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

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

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