MARKET EYE-SGX Nifty gains; traders remain cautious

Wed Feb 6, 2013 8:42am IST

Related Topics

Stocks

   

* Nifty futures on the Singapore Exchange rose 0.2
percent. The MSCI-Asia Pacific index, excluding Japan
 rose 0.3 percent.                
* Asian shares recovered on Wednesday as solid euro zone data
calmed nerves jarred by potential political turmoil derailing
the region's efforts to resolve its debt crisis, while the
prospect of a dovish new governor for the Bank of Japan weakened
the yen.       
* Traders say lack of meaningful triggers ahead of budget should
keep markets in a consolidation mode.
* Also on watch, the first day of the Reserve Bank of India's
central board meeting in eastern city of Guwahati Feb 6-7. 
* Earnings: Cipla, Tech Mahindra  

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.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

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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