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:
  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Intel's Valuation

Intel's Valuation

Intel could rise 30 percent over next two years - Barron's.  Full Article 

Plunging Oil Prices

Plunging Oil Prices

Oil price seen falling to $60 if OPEC does not cut output  Full Article 

China Economy

China Economy

Exclusive - China ready to cut rates again on fears of deflation - sources  Full Article 

Climate Change

Climate Change

Some climate change impacts unavoidable - World Bank  Full Article 

Reuters India Mobile

Reuters India Mobile

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