April 9, 2013 / 2:57 AM / in 5 years

MARKET EYE-SGX Nifty gains after a delayed start; FIIs remain sellers

* Nifty futures on the Singapore Exchange up 0.4
percent, while the MSCI-Asia Pacific index excluding Japan   
 higher 0.82 percent. 
* Singapore Exchange earlier delayed the start of
trading on its derivatives market due to technical problems, the
bourse said. 
* The yen fell to multi-year lows, pressured by the Bank of
Japan's aggressive reflationary campaign, while Asian equities
looked for support from a solid start to the U.S. quarterly
earnings season.  
* Foreign funds sold shares worth 10.61 billion rupees ($194.48
million) in the previous four sessions, provisional exchange
data showed, amid worries about the domestic economy and on
lingering concerns about political stability.
* Also on watch, the southern bench of the National Green
Tribunal will hear a case over the closure of Sterlite
Industries (India) Ltd's copper smelter in the
southern state of Tamil Nadu. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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