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:

Reuters Showcase

Markets Weekahead

Markets Weekahead

Column - Caution advised in a trader’s market  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

GDP Revised

GDP Revised

Economic growth revised up by almost 50 percent  Full Article 

Australian Open

Australian Open

Hingis wins Australian Open mixed doubles title with Paes   Full Article 

Houston's Daughter

Houston's Daughter

Bobbi Kristina Brown revived after found unresponsive in tub  Full Article 

India Art Fair

India Art Fair

Art fair turns India's capital into art hub.  Full Article 

Movie Review

Movie Review

"Rahasya" is an ode to Agatha Christie.  Full Article 

Review: Hawaizaada

Review: Hawaizaada

Movie Review: Hawaizaada  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

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