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:
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 EXCLUSIVE

REUTERS SHOWCASE

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Full Coverage 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Monetary Policy

Monetary Policy

RBI not biased towards either raising or cutting rates - Rajan  Full Article 

Asia & Europe

Asia & Europe

Weak demand hits factory activity across Asia, Europe  Full Article 

Reuters India Mobile

Reuters India Mobile

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