MARKET EYE-SGX Nifty gains; FIIs remain net buyers

Tue May 7, 2013 8:18am IST

Related Topics

Stocks

   
A statue of Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi Festival

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* Nifty futures on the Singapore Exchange is 0.28
percent up, while the MSCI-Asia Pacific index excluding Japan
 is 0.02 percent lower.         
* Asian shares were capped on Tuesday by caution over weak
global growth data, but Japanese equities scaled a near
five-year peak after the Standard & Poor's 500 Index 
closed at a record high overnight on renewed hopes of a steady
U.S. recovery.    
* Foreign institutional investors were net buyers of 8.97
billion rupees of stocks on Monday, provisional exchange data
showed.
* Disappointed by the central bank chief's comments on Friday
that there was little room for further policy easing, investors
are pinning hopes on foreign inflows and government efforts to
revive the economy.  
* Also on watch, January-March earnings of GlaxoSmithKline
Pharmaceuticals Ltd. 

 (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

Market Eye

REUTERS SHOWCASE

Coal Block Allocation

Coal Block Allocation

Government urges Supreme Court to not cancel some 'illegal' coal mines  Full Article 

Modi in Japan

Modi in Japan

Japan and India agree to boost strategic ties at summit  Full Article 

HSBC PMI

HSBC PMI

Factory activity expands at slower clip in August.  Full Article 

Market Outlook

Market Outlook

Indian shares headed for correction, but outlook strong - BofA Merrill.  Full Article 

India Infrastructure

India Infrastructure

RBI rule handicaps India's infrastructure hopes  Full Article 

Book Talk

Book Talk

Reema Abbasi and a glimpse of Pakistan’s Hindu past  Full Article 

China Economy

China Economy

Retreat in China's PMIs heightens calls for policy easing.  Full Article 

Reuters India Mobile

Reuters India Mobile

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