MARKET EYE-India shares flat; defensives gain

Tue Feb 19, 2013 2:16pm IST

Related Topics

Stocks

   

* The BSE index is up 0.06 percent while the 50-share
NSE index is higher 0.08 percent, with weak Asian stocks
weighing on investor sentiment. 
* Broader losses in indexes were capped by gains in
underperforming defensives shares such as Hindustan Unilever
 and pharma companies such as Cipla Ltd.
* Hindustan Unilever gains 1.4 percent after falling 10.4
percent this year as on Monday's close, while Cipla rises 2
percent after falling 8.32 percent this year. 
* Bharti Airtel Ltd falls 2.4 percent while Idea
Cellular Ltd is down 1.4 percent.
* Mobile operators fall after wireless broadband airwave holders
were allowed to provide voice services by paying additional fee,
a move that is seen benefiting 4G licence holder Reliance
Industries Ltd, but leading to more competition in the
sector. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.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

Markets

REUTERS SHOWCASE

Political Pulse

Political Pulse

100 days of Modi: Good for business, not so good for marginalised groups.  Full Article 

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Best Economy

Best Economy

Swiss economy most competitive once again; EU, U.S., Japan improve.  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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