MARKET EYE-India shares fall; BHEL hit, oil cos give up gains

Thu Jan 10, 2013 2:54pm IST

Related Topics

Stocks

   
Polluted waters of China

Polluted waters of China

Growing cities, overuse of fertilizers, and factory wastewater have degraded China's water supplies to the extent that half the nation's rivers and lakes are severely polluted.  Slideshow 

* The BSE index down 0.2 percent and the NSE index
 0.22 percent lower, led by a fall in capital goods
companies, including BHEL, on project worries.
* Bharat Heavy Electricals Ltd shares fall 2 percent
and Indiabulls Power Ltd down 4.1 percent after
Barclays Capital and Citigroup raised concerns over two thermal
power projects the two companies were involved in.
 
* Shares in state-run oil firms, including Oil & Natural Gas
Corp, pared earlier gains on Thursday after some
analysts said a rally sparked by hopes of diesel price hike was
overdone. 
* HPCL falls 2.11 percent after gaining 2.8 percent
earlier in session, while Bharat Petroleum Corp is
down 0.12 percent after gaining 2.63 percent, while Oil and
Natural Gas Corp still up 3 percent.         

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.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

Infrastructure

REUTERS SHOWCASE

Big Infra Deal

Big Infra Deal

Piramal, Dutch APG tie up for $1 bln infra investment  Full Article 

L&T Slumps

L&T Slumps

L&T earnings raise 'multiple red flags' - Citi  Full Article 

Twitter Results

Twitter Results

Twitter assuages growth concerns for now as shares soar 35 percent  Full Article 

Auto Sector

Auto Sector

VW closes in on Toyota as global auto leader  Full Article 

E-Commerce

E-Commerce

Amazon says to invest $2 billion more in India   Full Article 

Fed Meeting

Fed Meeting

Fed seen trimming bond buys, could offer vague rate clues  Full Article 

Gaza Conflict

Gaza Conflict

Israel strikes house of Hamas Gaza leader, digs in for long fight.  Full Article 

Reuters India Mobile

Reuters India Mobile

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