Indian shares hit 2013 lows; Mahindra & Mahindra, ACC fall

Fri Feb 8, 2013 3:38pm IST

Related Topics

Stocks

   

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)
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

Top News

REUTERS SHOWCASE

Mideast Conflict

Mideast Conflict

Israel says ready to extend short Gaza truce; death toll crosses 1000.  Full Article 

India-WTO Standoff

India-WTO Standoff

India threatens to derail WTO deal, prompts angry U.S. rebuke  Full Article 

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

IPO Probe Ends

IPO Probe Ends

Facebook says SEC's IPO probe ends, extending WhatsApp closing date  Full Article 

World Stocks

World Stocks

Goldman Sachs downgrades stocks to neutral for short term  Full Article 

Not Wanted

Not Wanted

Hard to see how Russia can ever be let back into G7 club - Canada PM.  Full Article 

Disappointing Results

Disappointing Results

Amazon's far-reaching ambitions, lack of profits, unnerve investors  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Reuters India Mobile

Reuters India Mobile

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