MARKET EYE-SGX Nifty gains; traders expect consolidation

Mon Jan 7, 2013 8:43am IST

Related Topics

Stocks

   

* Nifty futures on the Singapore Exchange gain 0.21
percent. The MSCI-Asia Pacific index, excluding Japan
 is up 0.03 percent.      
* Asian shares outside Japan edged up on Monday, supported by
data showing the U.S. economy continuing on a path of slow but
steady recovery that had pushed Wall Street stocks to a
five-year high.  
* Foreign investors bought 11.64 billion rupees of stocks, while
domestic institutions sold 8.25 billion rupees of stocks on
Friday, when India's BSE index rose 0.1 percent.
* Indian shares are expected to remain in a narrow range ahead
of the October-December quarterly results from IT bellwether
Infosys Ltd on Friday, which will kick off the
earnings reporting season. 
* The market to also keep an eye on the Reserve Bank of India's
Deputy Governor K.C. Chakrabarty and finance ministry officials'
pre-budget discussion with bankers and representatives of
financial institutions in Delhi. (0630 GMT) 

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

REUTERS SHOWCASE

2015: India Outlook

2015: India Outlook

India in 2014: A dream run for markets.  Full Article 

Funding Woes

Funding Woes

Co-founder of SpiceJet seeks time to finalise rescue.  Full Article 

Flying Back on Course

Flying Back on Course

The inside story of the new Airbus A350 jet.  Full Article 

Oil Price Forecast

Oil Price Forecast

Oil prices likely to rebound in second half of 2015: poll  Full Article 

Deal Talk

Deal Talk

China's private sector suitors to drive Asian M&A deals in 2015.  Full Article 

Property Tycoon

Property Tycoon

Wang Jianlin, China's property tycoon, finds golden path to billions.  Full Article 

Cybersecurity

Cybersecurity

Internet outage seen in N. Korea amid U.S. hacking dispute.  Full Article 

Reuters India Mobile

Reuters India Mobile

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