Markets Nosedive
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The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. Full Article
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People walk past the Bombay Stock Exchange (BSE) building in Mumbai January 9, 2009.
Credit: Reuters/Punit Paranjpe/Files
Reuters Market Eye - Indian markets are expected to remain volatile ahead of the expiry of derivatives on Thursday and given the anxiety over the so-called U.S "fiscal cliff" negotiations at a time of thin volumes.
Developments in the U.S. fiscal cliff talks are expected to especially affect software service exporters such as Infosys (INFY.NS) and Tata Consultancy Services (TCS.NS).
Tuesday: Christmas holiday
Wednesday: The government may take a final call on raising import duties on sugar.
Thursday: Derivatives expiry for December
(Reporting by Manoj Dharra)
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