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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Markets

REUTERS SHOWCASE

Political Pulse

Political Pulse

100 days of Modi: Good for business, not so good for marginalised groups.  Full Article 

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Best Economy

Best Economy

Swiss economy most competitive once again; EU, U.S., Japan improve.  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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