MARKET EYE-Indian shares fall; IIP data disappoints

Tue Feb 12, 2013 11:46am IST

Related Topics

Stocks

   

* The BSE index falls 0.02 percent and the 50-share NSE
index is down 0.1 percent.  
* Shares on the back foot after industrial output in December
contracted 0.6 percent, the government said on Tuesday, compared
with expectations of growth of 1.1 percent.  
* The data also showed consumer price inflation 
accelerated to 10.79 percent in January from the previous month.
 
* ICICI Bank is down 0.6 percent, while State Bank of
India falls 0.5 percent after the CPI data.
* Larsen & Toubro Ltd is down 0.4 percent after IIP
numbers while Jindal Steel & Power Ltd falls 1.4
percent ahead of its October-December earnings later in the day.
* Shares in India's state-run Oil and Natural Gas Corp Ltd
 rose 2 percent a day after its October-December net
profit beat market expectations. 

 (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

Trade Deal

REUTERS SHOWCASE

Record High

Record High

Nifty hits record high on foreign buying, higher Asian stocks.  Full Article 

Bullish on Equities

Bullish on Equities

Bullish on Indian equities, but gains seen 'less sharp'- Goldman Sachs  Full Article 

Facebook Results

Facebook Results

Second quarter revenue increases 61 percent  Full Article 

BRICS Bank

BRICS Bank

World Bank chief welcomes new BRICS development bank.  Full Article 

Streamlining Operations

Jet Streamlines

Jet Airways chairman says looking to restructure debts, talking to bankers  Full Article 

Political Economy

Political Economy

Analysis - Watch what markets don't do as world politics turns nasty   Full Article 

Photo

Honda's India Thrust

Honda's India unit to account for 25 pct of Asia Pacific sales by March 2017 - exec   Full Article 

 Boosting Output

Boosting Output

NMDC plans to boost iron ore output by two-thirds  Full Article 

Apple Results

Apple Results

Apple margin concerns fade, focus shifts to iPhone launch  Full Article 

Reuters India Mobile

Reuters India Mobile

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