MARKET EYE-Indian shares gain; tech stocks lead

Mon Feb 25, 2013 10:38am IST

Related Topics

Stocks

   
Priyanka Gandhi Vadra, daughter of Congress party chief Sonia Gandhi, adjusts her flower garlands as she campaigns for her mother during an election meeting at Rae Bareli in Uttar Pradesh April 22, 2014. REUTERS/Pawan Kumar

Election 2014

More than 814 million people — a number larger than the population of Europe — are eligible to vote in the world’s biggest democratic exercise.  Full Coverage 

* The BSE index gains 0.1 percent, rebounding after
hitting its lowest close since Dec. 24, 2012 on Friday. The
50-share NSE index is also up 0.1 percent.
* Infosys Ltd gains 2 percent, while Tata Consultancy
Services Ltd is up 1.3 percent on hopes of incentives
for exporters in the 2013/14 budget to be unveiled on Feb. 28. 
 
* Shares in non-banking financial companies gain on Monday after
the central bank issued guidelines allowing any business sector
to apply for banking licences. 
* Mahindra and Mahindra Financial Services gains 5.6
percent, while IDFC Ltd is up 1.7 percent.
* However, Oil and Natural Gas Corp falls 0.8 percent
on expectations of higher oil subsidy burden from the 2013/14
budget, say dealers. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.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

REUTERS SHOWCASE

Election 2014

Election 2014

Kashmiris wary as Modi challenges for power.  Full Article 

Facebook's Performance

Facebook's Performance

Facebook Q1 revenue grows 72 percent on rising mobile ads.  Full Article 

Earnings Season

Earnings Season

Bharti Infratel Q4 net profit jumps 64 percent.  Full Article 

Monsoon Forecast

Monsoon Forecast

South Asia monsoon seen below-average to average in 2014 - WMO.  Full Article 

Solar Dispute

Solar Dispute

Green groups urge U.S. to drop solar trade case against India.  Full Article 

Oil Imports

Oil Imports

India to make May-July oil payments to Iran - sources.  Full Article 

Rice Exports

Rice Exports

India may cede top rice exporter spot under Southeast Asian price onslaught.  Full Article 

Reuters India Mobile

Reuters India Mobile

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