MARKET EYE-SGX Nifty falls; earnings remain key

Wed Jan 16, 2013 8:29am IST

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Rajalakshmi (C), 28, smiles after winning the Miss Wheelchair India beauty pageant in Mumbai November 26, 2014. REUTERS/Danish Siddiqui

Miss Wheelchair India

Seven women from across India participated in the country's second wheelchair beauty pageant, which aims to open doors for the wheelchair-bound in modelling, film and television, according to organisers  Slideshow 

* 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)
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