MARKET EYE-SGX Nifty gains; FIIs remain net buyers

Tue May 7, 2013 8:18am IST

Related Topics

Stocks

   

* 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

REUTERS SHOWCASE

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Paring Debt

Paring Debt

Jaiprakash to sell hydro plants to Reliance Power  Full Article 

Mideast Conflict

Mideast Conflict

U.N. Security Council calls for humanitarian ceasefire in Gaza  Full Article 

Market Eye

Market Eye

Foreign investors prefer Indian cyclicals, utilities - Macquarie  Full Article 

Reuters India Mobile

Reuters India Mobile

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