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

Economic Pulse

REUTERS SHOWCASE

Deregulation Impact

Deregulation Impact

Private fuel retailers to dip toe, not dive back, into India  Full Article 

Gold Import

Gold Import

RBI will not change gold import rules - sources  Full Article 

Idea Results

Idea Results

Idea Cellular Q2 profit up 69 percent  Full Article 

An RBI First

An RBI First

RBI releases minutes of financial stability council's Aug meet  Full Article 

Global Shares

Global Shares

Japanese stocks lead shares worldwide, IBM weighs on Dow  Full Article 

IBM Chip Unit

IBM Chip Unit

IBM to pay Globalfoundries to take chip unit  Full Article 

IBM Earnings

IBM Earnings

IBM ditches 2015 operating EPS target, shares slump 7 pct  Full Article 

Reuters India Mobile

Reuters India Mobile

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