MARKET EYE-SGX Nifty falls; earnings remain key

Wed Jan 16, 2013 8:29am IST

Related Topics

Stocks

   

* Nifty futures on the Singapore Exchange falls 0.25 
percent. The MSCI-Asia Pacific index, excluding Japan 
 was flat.  
* Asian shares erased modest gains to edge lower on Wednesday as
cautious investors waited for more clues about the global growth
outlook, while a pause in the yen's declines spurred profit
taking in Japanese equities after their recent rally.  
  
* Foreign investors bought 10.77 billion rupees of stocks, while
domestic institutions sold 7.56 billion rupees of stocks on
Tuesday, when India's BSE index rose 0.4 percent.  
* Until the central bank policy review on Jan. 29, analysts
expect earnings to remain the key drivers for Indian shares.
* Bajaj Auto, India's No.2 motorcycle maker and the
world's largest three-wheeled vehicle company, to report its Q3
results on Wednesday.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.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

REUTERS SHOWCASE

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

U.S. Economy

U.S. Economy

Spectre of no-inflation world looms over Fed's return to normal  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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