MARKET EYE-India shares flat; HUL, Tata Motors fall

Wed Jan 23, 2013 2:29pm IST

Related Topics

Stocks

   

* The BSE index is down 0.07 percent and the 50-share
NSE index falls 0.15 percent.
* Trading remains weak despite Finance Minister P Chidambaram
reassuring foreign investors on budget and rating on Tuesday,
with traders focusing on RBI's policy review next week. 
* Leading the fall, Hindustan Unilever drops 4.5
percent on a slew of downgrades that came a day after the
company reported slower-than-expected volume growth and a hike
in royalty payments. 
* Tata Motors shares fall 2.3 percent as traders cite
concerns over December quarter earnings.      
* Syndicate Bank shares fall 7.2 percent after
adjusted profits missed estimates, dealers said. 
* However, ZEE Entertainment shares gain 2.3 percent
after the company reported higher-than-expected margins and net
profit, which stood at 1.93 billion rupees in the December
quarter.      

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.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

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Innovative Solution

Innovative Solution

Turning smog into jewels - a Dutch designer's solution to Beijing's pollution.  Video 

Insider Trading

Insider Trading

Rajaratnam's brother loses bid to dismiss insider trading charges.  Full Article 

Literary Giant Dies

Literary Giant Dies

Mourning and memories in Gabriel Garcia Marquez's languid hometown.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

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