Indian shares fall for 8th day; financials decline

MUMBAI Mon Feb 11, 2013 3:36pm IST

Related Topics

Stocks

   

MUMBAI Feb 11 (Reuters) - Indian shares fell on Monday for an eighth consecutive session to mark its longest losing streak since May 2011 as ONGC retreated ahead of its quarterly results, while financial stocks fell on concerns about slowing economic growth at a time of sticky inflation.

Oil and Natural Gas Corp Ltd provisionally fell 1.9 percent ahead of its October-December results due later in the day. Housing Development Finance Corp Ltd ended down 1.2 percent.

The BSE index provisionally fell 0.14 percent, marking its lowest close since Dec. 31, 2012. The 50-share NSE index ended down 0.11 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

FILED UNDER:

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

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