MARKET EYE-Indian shares fall; ICICI bank earnings key

Thu Jan 31, 2013 10:19am IST

Related Topics

Stocks

   

* The BSE index is down 0.23 percent and the 50-share
NSE index is down 0.15 percent.
* Trading is expected to remain volatile as Thursday is last day
of derivatives expiry when traders roll over derivatives
position to February series. 
* ICICI Bank Ltd shares down 0.75 percent ahead of
December quarter earnings. Barclays has upgraded it to
'overweight' from 'equalweight' on positive credit quality
outlook. 
* Colgate Palmolive India Ltd shares fall 2 percent
after reporting lower-than-expected volume growth at 8 percent,
the lowest in the past 15 quarters. 
* However, Power Finance Corp Ltd shares gain 2.6
percent after reporting a sharp improvement in margins in the
October-December quarter earnings. 
* Indexes are heading for a third straight month of gains, the
longest winning run since September 2010 when indexes gained 4
months in a row.

 (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

Pharma Sector

Pharma Sector

In race for bigger margins, drug makers willing to lose the India "advantage".  Full Article 

Markets This Month

Markets This Month

Tata Motors, M&M top Sensex gainers  Full Article 

Jan Dhan Yojna

Jan Dhan Yojna

Modi: Banking for all to end "financial untouchability".  Full Article 

Tracking Monsoon

Tracking Monsoon

Monsoon forecast to be better for crops next week  Full Article 

Reuters India Mobile

Reuters India Mobile

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