MARKET EYE-SGX Nifty gains; Inflation data key

Fri Dec 14, 2012 8:39am IST

Related Topics

* Nifty futures on the Singapore Exchange 0.11 percent
higher. The MSCI-Asia Pacific index excluding Japan
 is also 0.24 percent up.       
* Asian shares snapped a week-long winning streak on Friday,
tracking global equities lower, on concerns that U.S. lawmakers
are still too far apart to avert a fiscal crisis with an
end-of-year deadline looming.    
* Foreign investors bought 12.56 billion rupees of stocks, while
domestic institutions sold stocks worth 6.65 billion rupees on
Thursday. The BSE index fell 0.65 percent.
* Traders eye November inflation data for further direction with
expectations it probably picked up in November as a weak
currency pushed up the price of imported fuel, a Reuters poll
showed. 
* India's cabinet approved the creation of a special panel on
Thursday with watered-down powers to speed up the notoriously
slow implementation of big-ticket infrastructure projects.
 

 (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

Canada Shooting

Canada Shooting

Attack on parliament, killing of soldier stun Canada's capital.  Full Article 

Earnings Season

Earnings Season

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

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  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