Indian shares edge lower; post strong gains in 2012

Mon Dec 31, 2012 3:37pm IST

Related Topics

Stocks

   

MUMBAI, Dec 31 (Reuters) - Indian shares edged lower on
Monday due to caution over the "U.S. cliff" talks, but ended
2012 with its best gain in three years as strong foreign inflows
and the government's fiscal and economic reforms outweighed
worries about the domestic economy.
    Tata Motors gained 0.95 percent ahead of monthly
sales data due on Tuesday amid expectations of an improved
performance, while Oil and Natural Gas Corp ended up
0.7 percent, extending gains on hopes for fuel price hikes.
    The BSE index provisionally fell 0.14 percent,
while the NSE index was down 0.06 percent. 

 (Reporting by Manoj Dharra; Editing by Rafael Nam)
FILED UNDER:

Reuters Showcase

Uber's Woes

Uber's Woes

Uber, other taxi-hailing apps hit new roadblock in Delhi.  Full Article 

Transfer Pricing

Transfer Pricing

India's Vodafone decision eases tax worries for Shell, others.  Full Article 

Facebook Earnings

Facebook Earnings

Facebook tops Wall Street revenue target in 4th quarter.  Full Article 

Governance Reforms

Governance Reforms

IMF sets June deadline for progress on governance reforms.  Full Article 

Fed's Stance

Fed's Stance

Fed upbeat on U.S. economy, cites strong job gains.  Full Article 

Tumultuous Run

Tumultuous Run

McDonald's CEO Don Thompson leaving.  Full Article 

Samsung Results

Samsung Results

Samsung Elec's smartphone primacy under threat from Apple after weak Q4.  Full Article 

Reuters India Mobile

Reuters India Mobile

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