MARKET EYE-SGX Nifty falls; caution before GDP estimates, ECB

Thu Feb 7, 2013 8:41am IST

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Border Security Force (BSF) soldiers ride their camels as they rehearse for the "Beating the Retreat" ceremony in New Delhi January 27, 2015. REUTERS/Ahmad Masood

"Beating The Retreat" Rehearsals

Rehearsals are on for "Beating the Retreat" ceremony which symbolises retreat after a day on the battlefield, and marks the official end of the Republic Day celebrations.  Slideshow 

* Nifty futures on the Singapore Exchange fell 0.18
percent. The MSCI-Asia Pacific index, excluding Japan
 fell 0.19 percent.  
* Asian shares and the euro paused on Thursday, marking time
ahead of a European Central Bank policy decision and remarks
from ECB President Mario Draghi on prospects for the euro zone
economy. 
* On watch, India to release advance GDP estimates for 2012/13,
and NTPC share sale, floor price for which has been
set at 145 rupees, or a 4.5 percent discount to its Wednesday's
close.
* Earnings on Thursday:  ACC, Ambuja Cement,
MRF, Aurobindo Pharma.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
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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.

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