November 8, 2012 / 3:17 AM / 5 years ago

MARKET EYE-SGX Nifty falls; worries over US fiscal cliff

* Nifty futures on the Singapore Exchange down 0.84
percent. The MSCI-Asia Pacific index excluding Japan 
 also falls 0.96 percent.            
* Asian shares fell on Thursday as investors worried about the
fiscal crisis in the United States and the European economy's
further deterioration, underpinning safe-haven currencies such
as the yen and dollar. 
* Foreign investors bought 7.28 billion rupees of stocks on
Wednesday, when the BSE index rose 0.45 percent,
provisional exchange data showed. 
* Major earnings on Thursday: Oil and Natural Gas Corp Ltd
, Ranbaxy Laboratories Ltd, Sun
Pharmaceutical Industries Ltd, Steel Authority of India
Ltd, and Reliance Communications Ltd.
* Also on watch, federal cabinet meet on $5.7 billion mobile
phone airwave surcharge plan, telecoms M&A rule, new pharma
policy.            

 (abhishek.vishnoi@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below