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

Fuelling Change

REUTERS SHOWCASE

NSEL Fraud

NSEL Fraud

Govt orders Financial Tech to absorb NSEL, liabilities  Full Article 

Stalemate

Stalemate

WTO prepares for crisis talks as India keeps veto on global deal.  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Earnings Season

Earnings Season

HDFC Bank eyes pickup in corporate credit.  Full Article 

JLR China

JLR China

JLR sees 20 percent growth in China sales this year - exec  Full Article 

Iron Ore Imports

Iron Ore Imports

JSW Steel to boost iron ore imports by up to 80 percent.  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Remembering Margerie

Remembering Margerie

Total’s "Big Moustache"- bon vivant, deal-maker and risk-taker .  Full Article 

Reuters India Mobile

Reuters India Mobile

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