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

RBI Policy Review

RBI Policy Review

RBI keeps rates on hold, warns on inflation  Full Article 

Monsoon Season

Monsoon Season

India's 2014 monsoon ends with double-digit rain deficit .  Full Article 

Cleanliness Drive

Cleanliness Drive

Modi orders officials to clean loos on Gandhi's birthday.  Full Article 

Bid to Boost Trading

Bid to Boost Trading

RBI takes small steps to deepen markets.  Full Article 

Car Recall

Car Recall

Maruti Suzuki says to recall 69,555 cars.  Full Article 

China Factory Data

China Factory Data

China final HSBC PMI steady in September on stronger global demand but risks remain  Full Article 

Oil Demand

Oil Demand

India's thirst for oil grows even as China cuts back  Video 

EBay Divests PayPal

EBay Divests PayPal

EBay to spinoff PayPal in 2015  Full Article 

New 'Windows'

New 'Windows'

Microsoft names next operating system 'Windows 10'.  Full Article 

Reuters India Mobile

Reuters India Mobile

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