MARKET EYE-SGX Nifty flat; factory output data eyed

Tue Feb 12, 2013 8:35am IST

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Stocks

   

* Nifty futures on the Singapore Exchange fell 0.01
percent while the MSCI-Asia Pacific index, excluding Japan 
 was up 0.02 percent.          
* The yen hovered near fresh lows against the dollar and
Japanese stocks jumped on Tuesday after a U.S. official voiced
support for Japan's drive to beat deflation, assuaging fears
that criticism of its aggressive stance on monetary policy would
mount.  
* Foreign investors bought 9.96 billion rupees of stocks, while
domestic institutions sold 9.41 billion rupees of stocks on
Monday, when the BSE index fell 0.12 percent
* India will release industrial output data for December around
0530 GMT. According to a Reuters' poll of analysts, the worst is
probably over for flagging Indian factories and  industrial
production could grow an annual 1.1 percent in December. (0530
GMT)
* Earnings on Tuesday: Steel Authority of India, Oil
India, Hindustan Petroleum Corporation,
Jindal Steel and Power.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
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