MARKET EYE-Indian shares up; Hindustan Unilever extends fall

Wed Jan 23, 2013 10:16am IST

Related Topics

Stocks

   

* The BSE index is up 0.2 percent and the 50-share NSE
index rises 0.18 percent.
* Domestic gains were in line with Asian shares that edged
higher, tracking upbeat U.S. earnings and a rise in German
investor confidence. 
* Shares in Hindustan Unilever Ltd drop 5 percent,
falling for the second day, as number of investment banks, cut
their ratings on slower-than-expected volume growth and a hike
in royalty payments. 
* Blue chip companies that have reported better earnings were
leading the gains: ITC shares rise 0.8 percent while
Reliance Industries is up 0.7 percent.    

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
FILED UNDER:

SAARC Summit

REUTERS SHOWCASE

Banking Sector

Banking Sector

India's laggard state lenders face tough sell on capital raising plan.  Full Article 

OPEC Oil Talks

OPEC Oil Talks

Saudi, Russia pre-OPEC talks yield no oil output cut  Full Article 

Bird Flu Scare

Bird Flu Scare

India orders culling after bird flu outbreaks in Kerala.  Full Article 

Microsoft in China

Microsoft in China

Microsoft to pay China $140 million for 'tax evasion'   Full Article 

Flashback: 26/11

Flashback: 26/11

The three-day attack in November 2008 left 166 dead.  Slideshow 

Reuters India Mobile

Reuters India Mobile

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