Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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MARKET EYE-Indian shares fall; Tata Motors, DLF, Dr Reddy's hit
* The BSE index is down 0.38 percent and the 50-share NSE index falls 0.45 percent. * Tata Motors shares fall 1.5 percent a day after the company said its October-December earnings fell 52 percent to $303 million. * Shares in DLF Ltd fell as much as 3.6 percent a day after India's largest listed real estate developer reported a net profit of 2.85 billion rupees, which missed market expectations. * Dr. Reddy's Laboratories , India's No.2 drugmaker by sales, reported a larger-than-expected 29.2 percent drop in quarterly net profit as sales in its key North America market remained muted. * Bank of America Merrill Lynch downgraded its rating on Dr. Reddy's Laboratories Ltd to "neutral" from "buy". The shares were down 1.95 percent at 1837.85 rupees. * With Q3 earnings season almost over, traders speculate over whether the budget would be populist or pragmatic, in the backdrop of increasing deficit. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
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