MARKET EYE-Indian shares up; Tech stocks lead gains

Mon Dec 24, 2012 10:09am IST

Related Topics

Stocks

   

* The BSE index up 0.25 percent and the NSE index
 0.17 percent higher, tracking steady Asian markets.
* Export-driven technology shares leading gains on the back of
short covering as recent underperformance was seen overdone.
* Infosys gains 1.2 percent after falling 5.75 percent
this month as on Friday's close, while Tata Consultancy Services
 up 0.8 percent.
* Shares in State Bank of India gain 0.8 percent on
media reports the government has approved fund infusion of 30.04
billion rupees for the state-run lender. 
* Glenmark Pharmaceuticals shares up 2 percent,
following news the unit entered into a development agreement
with Forest Laboratories, which will make upfront payment of $6
million to the Indian drug maker.    

 (manoj.dharra@thomsonreuters.com)
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

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Microsoft Earnings

Microsoft Earnings

Microsoft sales beat Street hopes, cloud profits up.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

U.S. Economy

U.S. Economy

Spectre of no-inflation world looms over Fed's return to normal  Full Article 

Insider Trading

Insider Trading

Rengan Rajaratnam, SEC to settle civil insider trading charge.  Full Article 

Market Watch

Market Watch

Betting on the beaten up? Investors pin hopes on stocks in Europe, Japan.  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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