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Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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Indian shares fall to new 2013 lows; Dr. Reddy's, tech stocks hit
MUMBAI |
MUMBAI Feb 15 (Reuters) - Indian shares fell on Friday to their lowest levels in 2013 as Dr. Reddy's shares retreated a day after reporting a larger-than-expected fall in quarterly earnings, while software service exporters fell on profit-booking.
However, Tata Motors provisionally rose 2.5 percent, recovering from an earlier fall of as much as 3.1 percent, as traders saw initial losses - sparked by a drop in quarterly earnings - as overdone given expectations for a recovery in profits.
Dr. Reddy's Laboratories provisionally fell 3.2 percent, while Infosys Ltd ended down 1.2 percent.
The BSE index provisionally fell 0.32 percent to its lowest close since Dec. 31, 2012.
The 50-share NSE index ended fell 0.34 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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