MARKET EYE-SGX Nifty flat; ICICI Bank earnings eyed

Thu Jan 31, 2013 8:32am IST

Related Topics

Stocks

   
A statue of Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi Festival

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* Nifty futures on the Singapore Exchange down 0.05
percent. The MSCI-Asia Pacific index excluding Japan 
 was 0.48 percent lower.  
* Asian shares pulled back from recent rallies on Thursday but
optimism about global growth supported sentiment as the Federal
Reserve kept its stimulus policy, while euro steadied on signs
the region was stabilising from the debt crisis. 
* Foreign investors bought 9.06 billion rupees of stocks while
domestic institutions sold 10.95 billion rupees of stocks on
Wednesday, when the BSE index rose 0.07 percent.
* Volatility cannot be ruled out as the January series
derivatives end on Thursday while third-quarter earnings of
large banks including ICICI Bank and Punjab National
Bank would decide the direction of the index.

 (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

Market Eye

REUTERS SHOWCASE

Coal Block Allocation

Coal Block Allocation

Government urges Supreme Court to not cancel some 'illegal' coal mines  Full Article 

Modi in Japan

Modi in Japan

Japan and India agree to boost strategic ties at summit  Full Article 

HSBC PMI

HSBC PMI

Factory activity expands at slower clip in August.  Full Article 

Market Outlook

Market Outlook

Indian shares headed for correction, but outlook strong - BofA Merrill.  Full Article 

India Infrastructure

India Infrastructure

RBI rule handicaps India's infrastructure hopes  Full Article 

Book Talk

Book Talk

Reema Abbasi and a glimpse of Pakistan’s Hindu past  Full Article 

China Economy

China Economy

Retreat in China's PMIs heightens calls for policy easing.  Full Article 

Reuters India Mobile

Reuters India Mobile

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