Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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Indian shares hit 2013 lows; Mahindra & Mahindra, ACC fall
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MUMBAI, Feb 8 (Reuters) - Indian shares fell on Friday for a
seventh consecutive session to the lowest close this year as
Mahindra & Mahindra as well as cement makers such as Ambuja and
ACC retreated after earnings missed estimates.
Mahindra and Mahindra Ltd shares fell 1.3 percent,
Ambuja Cements Ltd dropped 5.5 percent, while ACC Ltd
lost 3.7 percent.
The BSE index provisionally fell 0.58 percent,
falling to its lowest close since Dec. 31, 2012. The
seven-session losing streak was the longest since the falls seen
in November 2011.
The 50-share NSE index ended down 0.59 percent.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
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