MARKET EYE-SGX Nifty flat; Oil stocks in focus

Mon Feb 18, 2013 8:48am IST

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Polluted waters of China

Polluted waters of China

Growing cities, overuse of fertilizers, and factory wastewater have degraded China's water supplies to the extent that half the nation's rivers and lakes are severely polluted.  Slideshow 

* Nifty futures on the Singapore Exchange was up 0.05
percent. The MSCI-Asia Pacific index excluding Japan
 was down 0.2 percent. 
* Japanese shares rallied and the yen fell on Monday after Tokyo
escaped direct criticism from its G20 peers on its aggressive
reflationary plans that have weakened the currency.
 
* Foreign investors bought 2.47 billion rupees of stocks, while
domestic institutions sold 2.45 billion rupees of stocks on
Friday, when the BSE index fell 0.15 percent.
* India's three state-run fuel retailers- Indian Oil Corp
, Bharat Petroleum Corp and Hindustan
Petroleum Corp increased prices of petrol by 1.50
rupees per litre excluding local taxes, and diesel by 0.50
rupees per litre from Saturday. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
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