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:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Reuters Showcase

Telecom Sector

Telecom Sector

India postpones mobile airwave auction to March 4.  Full Article 

Business Strategy

Business Strategy

Uber scraps commissions for its New Delhi taxis.  Full Article 

Currencies

Currencies

China's yuan breaks into the world's top five as payment currency - SWIFT.  Full Article 

India’s Male Tenor

India’s Male Tenor

India’s lone male tenor wants to ‘Indianise’ opera  Full Article 

Job Cuts

Job Cuts

Sony to cut 1,000 jobs in smartphone business - sources.  Full Article 

Reuters India Mobile

Reuters India Mobile

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