MARKET EYE-Indian shares fall; ITC, ICICI Bank decline

Mon Feb 11, 2013 10:21am IST

Related Topics

Stocks

   

* The BSE index is down 0.09 percent and the 50-share
NSE index is also down 0.15 percent. 
* With the Lunar New Year holiday shutting most Asian financial
centres, including those in Japan, China, Hong Kong, Singapore
and South Korea, trading was light and potentially volatile on
those exchanges that remained open.  
* ITC falls 1.6 percent on profit-taking, while banking
stocks such as ICICI Bank fell on continued concerns
on India's economic growth after government estimates on Friday
showed India's FY13 growth could be worse than expected.
* Traders say chances of a relief rally look bright as India's
benchmark index fell for a seventh day to mark its
biggest losing streak since November, 2011, on Friday. 

 (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

REUTERS EXCLUSIVE

REUTERS SHOWCASE

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Related Story 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Videocon d2h IPO

Videocon d2h IPO

Videocon d2h files for up to $113 million IPOs  Full Article 

Asian Economy

Asian Economy

Asian factories slow in Sept, push inflation ever lower  Full Article 

EBay Divests PayPal

EBay Divests PayPal

EBay follows Icahn's advice, plans PayPal spinoff in 2015  Full Article 

New 'Windows'

New 'Windows'

Microsoft names next operating system 'Windows 10'.  Full Article 

Reuters India Mobile

Reuters India Mobile

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