MARKET EYE-Indian shares gain; foreign investors sell futures

Thu Jul 4, 2013 10:17am IST

Related Topics

Stocks

   

* India's benchmark BSE index gains 0.7 percent while
NSE stock index is also up 0.7 percent.
* A recovery from two sessions of falls is sparked by
value-buying and on higher regional shares. 
* Infosys Ltd is up 1.4 percent after slumping 3.8
percent so far this week as of Wednesday's close,
underperforming a 1.2 percent fall in the NSE during the same
period.
* However, traders are worried as foreign institutional
investors (FIIs) have sold index futures worth 8.6 billion
rupees ($142.70 million) in the previous two sessions, as per
exchange and regulatory data. 
* Foreign investors also sold cash shares worth 7.05 billion
rupees ($116.98 million) on Wednesday.

 (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

Literary Giant Dies

Literary Giant Dies

Nobel winner Garcia Marquez, master of magical realism, dies at 87.  Read 

Election 2014

Election 2014

India holds biggest day of voting with BJP gaining strength  Full Article | Full Coverage 

Insider Trading

Insider Trading

Ex-Goldman director Gupta starts prison term on June 17.  Full Article 

Market Eye

Market Eye

Sensex jumps 351 points, snaps 3-day losing streak  Full Article 

Expansion Plans

Expansion Plans

Reliance Industries, HPCL Mittal plan refinery expansions.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Deal Talk

Deal Talk

Piramal to buy 20 percent stake in Shriram Capital for $334 million.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

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