MARKET EYE-SGX Nifty falls as uncertainty grows over 'fiscal cliff'

Fri Dec 21, 2012 8:37am IST

Related Topics

* Nifty futures on the Singapore Exchange falls 0.52
percent. The MSCI-Asia Pacific index, excluding Japan 
 is down 0.68 percent. 
* Asian shares slid on Friday after a Republican proposal to
fend off a U.S. fiscal crunch failed to get enough support,
deepening uncertainty over prospects for the negotiations to
avert automatic spending cuts and tax increases set to start in
January.  
* Foreign investors bought 4.66 billion rupees of stocks, while
domestic institutions sold 4.44 billion rupees of stocks on
Thursday, when India's BSE index fell 0.11 percent. 
* Dealers say with parliament's winter session over, the rally's
extension would not depend on how well RBI manages slowing
growth and sticky inflation.

 (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

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Innovative Solution

Innovative Solution

Turning smog into jewels - a Dutch designer's solution to Beijing's pollution.  Video 

Insider Trading

Insider Trading

Rajaratnam's brother loses bid to dismiss insider trading charges.  Full Article 

Literary Giant Dies

Literary Giant Dies

Mourning and memories in Gabriel Garcia Marquez's languid hometown.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

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