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

WTO

REUTERS SHOWCASE

Factory Activity

Factory Activity

Factories post fastest growth for 17 months in July  Full Article 

Reviving Infosys

Reviving Infosys

CEO Sikka says to improve business with new growth avenues  Full Article 

Outlook Slashed

Outlook Slashed

ArcelorMittal cuts outlook as ore prices hit mining  Full Article 

Car Launch Ahead

Car Launch Ahead

Tata Motors bets on new sedan to revive weak India sales.  Full Article 

Gold Smuggling

Gold Smuggling

In cat-and-mouse game, India uncovers new gold smuggling route.  Full Article 

Re-gaining Momentum

Re-gaining Momentum

China's factories spring to life as global trade reawakens  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Reuters India Mobile

Reuters India Mobile

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