MARKET EYE-India shares gain; Tata Motors rebounds
* The BSE index gains 0.43 percent, while the 50-share NSE index advances 0.46 percent. * Tata Motors Ltd gains 3.5 percent and UltraTech Cement Ltd advances 3.6 percent after briefly plunging as much as 10 percent each on Friday, because of a technology trading glitch from brokerage Religare Capital Markets. * Oil refiners gain on expectations they will announce a diesel price hike as early as this week after the government last month allowed companies to raise prices. * Hindustan Petroleum Corp Ltd, Indian Oil Corp and Bharat Petroleum Corp Ltd shares gain over 0.7 percent each. (firstname.lastname@example.org; email@example.com)
- Tweet this
- Share this
- Digg this
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.
Trending On Reuters
India's largest carmaker Maruti Suzuki India Ltd posted a smaller-than-expected rise in profit for the third quarter, hit by one-off items including a jump in advertising costs, a higher tax rate and lower income from investments. Full Article | Full coverage