MARKET EYE-Indian shares gain; US 'fiscal cliff' bill passed

Wed Jan 2, 2013 10:39am IST

Related Topics

* The BSE index gains 0.63 percent after rising to its
highest intraday level since April 2011, while the NSE index
 is up 0.64 percent.
* The NSE is close to breaching the 6,000 mark for the first
time since Jan. 7, 2011. 
* The U.S. House of Representatives approved a deal on the
so-called fiscal cliff, sparking broad-based buying.
 
* Banking shares lead gainers as hopes for a January rate cut
gathered steam. ICICI Bank gains 1.1 percent while
State Bank of India is up 1.3 percent.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
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

Diplomacy

REUTERS SHOWCASE

Maruti Results

Maruti Results

Maruti Suzuki says profits helped by sentiment, not growth.  Full Article 

Tracking the Monsoon

Tracking the Monsoon

Monsoon turns patchy after revival.  Full Article 

ICICI Profit Up

ICICI Profit Up

ICICI Bank Q1 net profit up 17 percent, beats estimates.  Full Article 

Pharma Sector

Pharma Sector

FDA raises concern over drug production process at Cadila  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Fuel Prices

Fuel Prices

IOC to cut petrol prices by 1.5 pct from Friday  Read 

Economic Pulse

Economic Pulse

India's infrastructure output growth hits 9-month high in June  Full Article | Related Story 

Joint Bid

Joint Bid

ONGC, Oil India bid $1.5 bln for stake in Murphy Oil's Malaysia assets - sources  Full Article 

Reuters India Mobile

Reuters India Mobile

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