MARKET EYE-Indian shares gain ahead of derivatives expiry

Wed Dec 26, 2012 2:28pm IST

Related Topics

Stocks

   

* The BSE index up 1.03 percent and the NSE index
 is up 0.96 percent, ahead of derivatives expiry. 
* Bank shares leading the gains on hopes of easing liquidity as
the Reserve Bank of India continues with cash injection measures
and on expectations of a rate cut in January. 
* ICICI Bank shares gain 2.32 percent, while State Bank of India
 rises 1.6 percent. 
* Bharat Heavy Electricals shares gain 1.5 percent,
Larsen & Toubro up 2.2 percent after the government
extended interest rate subsidy for some exporters. 
    
*  Reliance Industries shares up 1.2 percent on
reports that a panel appointed by the government to look into
oil and gas exploration contracts had recommended a pricing
formula that could sharply raise the prices of natural gas.
 

 (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

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Waning Enthusiasm

Waning Enthusiasm

Markets' post-election enthusiasm lost on consumers.  Full Article 

Monsoon Revives

Monsoon Revives

Monsoon revival keeps rain above average   Full Article 

Banking Sector

Banking Sector

Banks not allowed to trade in bonds for infra lending - RBI.  Full Article 

Just Not Enough

Just Not Enough

Amazon's smartphone fails to kindle a "Fire" among reviewers.  Full Article 

Rising Market Value

Rising Market Value

Facebook goes express to mega-cap status  Full Article 

Reuters India Mobile

Reuters India Mobile

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