Indian shares fall on derivatives expiry day; ICICI hit

Thu Jan 31, 2013 3:35pm IST

Related Topics

Stocks

   

MUMBAI, Jan 31 (Reuters) - Indian shares fell on Thursday as
ICICI Bank was hit by profit-booking after beating
forecasts with its quarterly earnings, while the expiry of
January derivatives kept trading volatile towards the end of the
session. 
    ICICI Bank shares fell 1.93 percent after gaining
6.5 percent this month as of Wednesday's close.
    Punjab National Bank gained 10.24 percent, while
Union Bank of India shares ended up 6.7 percent after
reporting improving asset quality in their October-December
quarterly earnings.  
    The BSE index provisionally fell 0.53 percent,
while the 50-share NSE index ended down 0.37 percent. 

 
      

 (Reporting by Manoj Dharra; Editing by Rafael Nam)
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

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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