MARKET EYE-SGX Nifty gains; Gujarat election results awaited

Thu Dec 20, 2012 8:36am IST

Related Topics

* Nifty futures on the Singapore Exchange gain 0.06
percent. The MSCI-Asia Pacific index, excluding Japan 
 is down 0.14 percent. 
* Asian shares paused on Thursday after rallying to their
highest in nearly 17 months the day before, as talks to avert a
U.S. fiscal crisis stalled - prompting worries of the world's
largest economy sliding back into recession. 
* Foreign investors bought 12.45 billion rupees of stocks, while
domestic institutions sold 3.69 billion rupees of stocks on
Wednesday, when India's BSE index rose 0.57 percent.
* Traders expect rally in rate sensitives to continue alongside
value buying in technology stocks. 
* The result of the Gujarat state election will be announced on
Thursday. (roughly 0530 GMT onwards).
* India's upper house of parliament will consider amendments to
the banking bill on Thursday afternoon.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
FILED UNDER:
  • Most Popular
  • Most Shared

Pending Reform

REUTERS SHOWCASE

Power Theft

Power Theft

India to invest $4 billion to tackle power theft  Full Article 

Debt Funds

Debt Funds

India monitors foreign flows into debt funds, may tighten rules  Full Article 

Bulgari Back in India

Bulgari Back in India

CEO: we shouldn’t have left India so we’re back  Full Article 

 Hindu "Modi-fication"

Hindu "Modi-fication"

Fears grow about Hindu "Modi-fication" of education  Full Article 

Weak Credit

Weak Credit

Hard to hit tax revenue target, credit weak - Jaitley  Full Article 

China Rate Cut

China Rate Cut

China surprises with interest rate cut to spur growth  Full Article 

Gold Imports

Gold Imports

RBI cautious on response to gold import surge  Full Article 

Economic Corridor

Economic Corridor

China commits $45.6 billion for economic corridor with Pakistan  Full Article 

Overseas Funds

Overseas Funds

RBI says overseas borrowed funds can be parked with banks in India  Full Article 

Reuters India Mobile

Reuters India Mobile

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