MARKET EYE-SGX Nifty edges lower; markets look oversold-traders

Mon Feb 11, 2013 8:27am IST

Related Topics

Stocks

   

* Nifty futures on the Singapore Exchange fell 0.05
percent. The MSCI-Asia Pacific index, excluding Japan 
 down 0.07 percent. 
* With the Lunar New Year holiday shutting most Asian financial
centers, including those in Japan, China, Hong Kong, Singapore
and South Korea, trading was light and potentially volatile on
those exchanges that remained open. 
* Traders say the market looks closer to being oversold after
India's benchmark index fell for a seventh day to mark
its biggest losing streak since November, 2011.
* MCX-SX stock exchange launches equities trading. Volumes will
be watched given its history of competition with the National
Stock Exchange.
* MCX-SX's main stakeholders are the Multi-Commodity Exchange of
India, India's biggest commodity bourse, and Financial
Technologies, which provides trading platforms and
other related technology.
* Earnings On Monday: Oil and Natural Gas Corp Ltd,
Tata Power Co Ltd 

 (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

Election 2014

REUTERS SHOWCASE

TCS Results

TCS Results

TCS net profit rises 51.5 percent, sees stronger sales growth.  Full Article | Quote 

Election 2014

Election 2014

Promises and more promises: India’s parties pitch their visions.  Full Article | Full Coverage 

India Markets

India Markets

Sensex slumps 207 points, at 2-1/2 week closing low.  Full Article 

Telecom Sector

Telecom Sector

RComm to raise mobile call tariff by up to 20 percent  Full Article 

Chinese Economy

Chinese Economy

China economic growth slows to 18-month low in first quarter  Full Article 

New Direction

New Direction

CEO Nadella pushes data culture at Microsoft.  Full Article 

Bitcoin ATM

Bitcoin ATM

China gets first bitcoin ATM, skirting bank crackdown.  Full Article 

Strong Sales Volume

Strong Sales Volume

Small is beautiful for Coca-Cola as volumes soar in China  Full Article 

Breakingviews

Breakingviews

Diageo throws money at Indian empire-building  Full Article 

Reuters India Mobile

Reuters India Mobile

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