MARKET EYE-SGX Nifty falls; rate decision key

Mon Dec 17, 2012 8:38am IST

Related Topics

* Nifty futures on the Singapore Exchange fell 0.24
percent. The MSCI-Asia Pacific index excluding Japan
 was 0.32 percent down.       
* The Liberal Democratic Party of Japan's electoral triumph
propelled the yen to a 20-month low against the dollar that saw
the Nikkei stock average touch a 8-1/2-month high on
expectations of much better export earnings.  
* Foreign investors bought 5.74 billion rupees of stocks, while
domestic institutions sold stocks worth 5.12 billion rupees on
Friday, when India's benchmark index rose 0.46 percent.
* Investors are now waiting for the Reserve Bank of India's rate
decision on Tuesday. Although the central bank is not expected
to ease policy then, traders said the central bank could cut the
cash reserve ratio or sound more dovish on inflation.
   
* Also on watch, parliament may approve banking bill to allow
more foreign capital flows.

 (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

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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