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:
  • Most Popular
  • Most Shared

Coal Sector

REUTERS SHOWCASE

Border Talks

Border Talks

India names Ajit Doval as special envoy for China border talks.  Full Article 

WTO Deal

WTO Deal

U.S. seeks to step up India trade talks  Full Article 

Plunging Oil Prices

Plunging Oil Prices

Oil price seen falling to $60 if OPEC does not cut output  Full Article 

NBFC Sector

NBFC Sector

Reserve Bank planning more measures for NBFCs.  Full Article 

Auto Sector

Auto Sector

Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets  Full Article 

Raising Money

Raising Money

SpiceJet says in early talks with investors for fresh capital.  Full Article 

Market Eye

Market Eye

Sensex, Nifty rise to record after China, ECB stimulus boosts risk appetite.  Full Article 

Reuters India Mobile

Reuters India Mobile

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