MARKET EYE-Indian shares fall; technology stocks hit

Mon Dec 17, 2012 2:58pm IST

Related Topics

Stocks

   

* The BSE index is down 0.33 percent while the NSE
index falls 0.34 percent.   
* Tata Consultancy Services falls 3 percent on caution
ahead of a scheduled meeting between the management and analysts
later in the day amid concerns the software services provider
will deliver a downcast view on the sector. 
* Infosys falls 0.6 percent.
* However, some interest-rate sensitive stocks gain ahead of the
central bank's policy review on Tuesday.
* Although RBI is not expected to ease policy then, traders say
it could cut the cash reserve ratio or sound more dovish on
inflation. 
* Rate-sensitive stocks such as State Bank of India gains 1
percent while the ICICI Bank is up 0.8 percent.
* Tata Motors gains 0.8 percent, up for a third day on
JLR's November sales. 

 (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

Public Health

REUTERS SHOWCASE

Airtel Profit Jumps

Airtel Profit Jumps

Bharti Q2 net profit more than doubles   Full Article 

Maruti Earnings

Maruti Earnings

Maruti Suzuki net profit up 29 percent, beats estimates.  Full Article 

ICICI Results

ICICI Results

ICICI Bank Q2 profit up 15 percent, beats estimates.  Full Article 

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Market at Record

Market at Record

Sensex, Nifty hit record highs; reforms outpace hawkish Fed.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

End Of QE

End Of QE

U.S. Fed ends bond buying, exhibits confidence in U.S. recovery.  Full Article 

Samsung Results

Samsung Results

Smartphone woes drag Samsung Elec Q3 profit to more than 3-year low.  Full Article 

Refining Margins

Refining Margins

BPCL aims to double refining margins with refinery expansion.  Full Article 

Reuters India Mobile

Reuters India Mobile

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