January 22, 2013 / 8:41 AM / 5 years ago

MARKET EYE-Indian shares flat; Cairn India falls

* The BSE index is down 0.11 percent and the 50-share
NSE Index falls 0.12 percent to 6,075 after briefly
breaching the psychological 6,100 mark for the first time since
January 2011.
* Technology shares led the decliners on profit-taking after a
rally this month on the back of better-than-expected earnings.
* Infosys shares were down 0.4 percent after rising
20.60 percent this month, as of Monday's close.
* Cairn India shares fall 1.4 percent, after
management issues guidance for a slower ramp-up in production
from the Rajasthan block. 
* However, Pantaloon Retail Ltd gains 11.65 percent
after RBI eased restrictions on the purchase of shares in the
company by foreign institutional investors and non-resident
Indians as well as persons of Indian origin. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)

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