MARKET EYE-SGX Nifty gains; FIIs remain net buyers

Thu Jan 17, 2013 8:32am IST

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Border Security Force (BSF) soldiers ride their camels as they rehearse for the "Beating the Retreat" ceremony in New Delhi January 27, 2015. REUTERS/Ahmad Masood

"Beating The Retreat" Rehearsals

Rehearsals are on for "Beating the Retreat" ceremony which symbolises retreat after a day on the battlefield, and marks the official end of the Republic Day celebrations.  Slideshow 

* Nifty futures on the Singapore Exchange rose 0.33 
percent. The MSCI-Asia Pacific index, excluding Japan 
 was up 0.15 percent. 
* Asian shares consolidated on Thursday as better-than-expected
U.S. earnings lifted sentiment, but concerns over the global
economic outlook and U.S. fiscal problem capped markets.
      
* Foreign investors bought 10.29 billion rupees of stocks, while
domestic institutions sold 6.91 billion rupees of stocks on
Wednesday, when India's BSE index fell 0.85 percent.
* Traders say the central bank's policy review on Jan. 29 would
take precedence over earning season as the key driver for Indian
shares, especially after the RBI dampened rate cut euphoria.
  
* Earnings on Thursday: Hero MotoCorp Ltd, Exide
Industries 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

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