MARKET EYE-Indian shares extend gains; financials lead

Wed Jan 2, 2013 1:49pm IST

Related Topics

Stocks

   

* The BSE index is 0.78 percent higher after rising to
its highest intraday level since April 2011, while the NSE index
 is up 0.82 percent, breaching the key psychological
level of 6,000 for the first time in two years. 
* The U.S. House of Representatives approved a deal on the
so-called fiscal cliff, sparking broad-based buying.
 
* Financial shares lead the gainers as hopes of a January rate
cut gather steam. 
* Housing Development and Finance Corp is up 1.6
percent, while ICICI Bank gains 1.1 percent. 
* Consumer stocks such as ITC fall as traders track a
global 'risk-on' mood. ITC is down 0.2 percent, while Hindustan
Unilever is flat. 

 (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

REUTERS SHOWCASE

China Economy

China Economy

China's growth slowest since global crisis, annual target at risk  Full Article 

Coal Reforms

Coal Reforms

Factbox - India pushes ahead with coal reforms  Full Article 

Apple Result

Apple Result

Apple's iPhone sales beat Street but iPad volumes slide  Full Article 

Airport Accident

Airport Accident

Total CEO de Margerie killed in Moscow plane accident - airport spokeswoman.  Full Article 

Nadella's Paycheck

Nadella's Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Deregulation Impact

Deregulation Impact

Private fuel retailers to dip toe, not dive back, into India  Full Article 

JLR China

JLR China

JLR sees 20 percent growth in China sales this year - exec  Full Article 

An RBI First

An RBI First

RBI releases minutes of financial stability council's Aug meet  Full Article 

Reuters India Mobile

Reuters India Mobile

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