November 21, 2012 / 3:13 AM / 5 years ago

MARKET EYE-SGX Nifty gains tracking steady Asian shares

* Nifty futures on the Singapore Exchange rose 0.3
percent. The MSCI-Asia Pacific index excluding Japan  
 was up 0.14 percent.                  
* Asian shares steadied on Wednesday, after two days of gains,
as investors refocused on the risk of a U.S. fiscal crisis
following Federal Reserve Chairman Ben Bernanke's remarks that
the budget impasse was already damaging growth. 
* Foreign investors bought 1.43 billion rupees of stocks on
Tuesday, when the BSE index fell 0.05 percent. 
* India's biggest opposition party holding countrywide protests
to oppose corruption, price rise, retail FDI.
* Investors are looking for signs of the government's resolve to
continue with reforms after introducing a slew of measures in
September, including opening up the multi-brand retail and
aviation sectors to foreign investors. 

 (abhishek.vishnoi@thomsonreuters.com)

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