MARKET EYE-Indian shares trade with small gains; Tata Motors up

Wed Jan 9, 2013 2:26pm IST

Related Topics

Stocks

   

* The BSE index is up 0.16 percent while the NSE index
 is up 0.02 percent.
* Shares largely flat after a strong rally on the "fiscal cliff"
deal and foreign inflows. It rose 1.8 percent last week.
* Traders await the start of the earnings season with Infosys
results due on Friday.
* Tata Consultancy Services is down 1.94 percent while
Infosys is down 0.6 percent. 
* The Dec quarter is a seasonally weak quarter for technology
companies, and analysts are waiting for management comments on
customers, and any changes in employee hiring targets, Deutsche
Bank said in a note.
* Bajaj Auto shares fall 1.23 percent while Hero
MotoCorp is down 1.25 percent, after an auto body cuts
FY13 motorcycle sales growth forecast to 3-5 percent from 5-7
percent earlier.         
* Tata Motors Ltd shares are up 4.4 percent, after
Credit Suisse and CLSA upgraded their ratings on the stock,
citing expectations of improving sales.
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

Fuelling Change

REUTERS SHOWCASE

NSEL Fraud

NSEL Fraud

Govt orders Financial Tech to absorb NSEL, liabilities  Full Article 

Stalemate

Stalemate

WTO prepares for crisis talks as India keeps veto on global deal.  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Earnings Season

Earnings Season

HDFC Bank eyes pickup in corporate credit.  Full Article 

JLR China

JLR China

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

Iron Ore Imports

Iron Ore Imports

JSW Steel to boost iron ore imports by up to 80 percent.  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Remembering Margerie

Remembering Margerie

Total’s "Big Moustache"- bon vivant, deal-maker and risk-taker .  Full Article 

Reuters India Mobile

Reuters India Mobile

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