MARKET EYE-SGX Nifty edge higher; earnings reports key

Tue Jan 8, 2013 8:37am IST

Related Topics

* Nifty futures on the Singapore Exchange up 0.1
percent. The MSCI-Asia Pacific index, excluding Japan
 is down 0.3 percent.       
* Asian shares steadied on Tuesday but prices were capped by
investor caution ahead of corporate earnings season for the last
quarter of 2012 and the European Central Bank's policy meeting
later in the week.   
* Foreign investors bought 9.63 billion rupees of stocks, while
domestic institutions sold 9.01 billion rupees of stocks on
Monday, when India's BSE index fell 0.5 percent. 
* Traders say earnings remain key for the near-term trend, while
oil and gas stocks may remain in action as the government
continues to hint towards fuel subsidy rationalisation. 
* Also on watch, Karnataka iron ore case in top court in India.

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

Reuters Showcase

Legal Complaints

Legal Complaints

Government's payday from telecoms auction could be delayed  Full Article 

Running State Banks

Running State Banks

India signals private-sector bosses could run state-owned banks  Full Article 

India Forecast Raised

India Forecast Raised

S&P raises India's GDP forecasts, says it's a bright spot in Asia  Full Article 

StanChart CEO

StanChart CEO

StanChart picks ex-JPMorgan exec Winters as CEO to replace Sands  Full Article 

Wockhardt Plant

Wockhardt Plant

Wockhardt says FDA raises new concerns about Waluj plant  Full Article 

Banking Sector

Banking Sector

State-owned banks' capital needs may be higher - RBI deputy  Full Article 

Shares Sale

Shares Sale

Bharti Airtel says raised $310 mln through share sale in tower unit  Full Article 

Inflation Target

Inflation Target

India should meet RBI inflation target by Jan 2016 - RBI deputy  Full Article 

International Exchange

International Exchange

NSE plans to set up international exchange in Gujarat  Full Article 

Reuters India Mobile

Reuters India Mobile

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