August 21, 2012 / 3:41 AM / 5 years ago

MARKET EYE-SGX Nifty down; CPI eyed

* The Nifty futures on Singapore Exchange fell 0.18  
percent, while the MSCI Asia-Pacific index excluding Japan  
 gains 0.7 percent.
* Asian shares edged up on Tuesday as investors held on to hopes
the European Central Bank will act to soothe borrowing costs,
even as officials denied a report about the shape of its planned
bond buying strategy.
* CPI data is expected at 1100 India time; 0530GMT,
a week after the crucial wholesale price inflation data showed
an unexpected fall. 
* Provisional exchange data showed foreign investors were buyers
of stocks worth 3.08 billion rupees on Friday, when the BSE 
index rose 0.19 percent.
* Maruti Suzuki is set to restart production at its 
Manesar factory today, after a deadly riot that shut the 
plant. 
* Traders will track Oil prices, after earlier the Brent 
crude hit a three-month high, raising concerns about domestic
inflation 
* Will also eye fallout form reports by the country's federal
auditor which accused the government of unfairly allocating coal
blocks. 

 (manoj.dharra@thomsonreuters.com)

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