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MARKET EYE-Indian shares flat amid choppy trade; ITC falls, Maruti gains
December 7, 2012 / 4:48 AM / 5 years ago

MARKET EYE-Indian shares flat amid choppy trade; ITC falls, Maruti gains

* The BSE index gains 0.05 percent and the NSE index
 is down 0.02 percent
* ITC falls 0.5 percent on profit booking after it
touched its all-time high of 303 rupees earlier in the day.
* However, four-wheeler stocks such as Maruti Suzuki India
 gain. Maruti up 2.5 percent on reports of price hike
in January.
* Bahujan Samaj Party (BSP), which had abstained in the lower
house, said it would vote in support of foreign direct
investment in the upper house of parliament on Friday.  
* Traders say while markets remain susceptible to profit booking
after India's benchmark index rose 5.6 percent till Thursday,
since Nov. 22, when the winter session of parliament began, vote
on FDI remains the key for near term direction.

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

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