October 7, 2013 / 3:09 AM / 4 years ago

MARKET EYE-SGX Nifty falls; cautious ahead of Infosys earnings

* Nifty futures on the Singapore Exchange are down 0.5
percent, while the MSCI-Asia Pacific index 
excluding Japan falls 0.6 percent.
* The dollar, oil prices and U.S. stock futures eased on Monday
as politicians in Washington showed no signs of making progress
to resolve the U.S. budget standoff, while safe-haven gold
inched higher. 
* Foreign institutional investors bought Indian shares worth
5.41 billion rupees on Friday, exchange data shows.
* Indian shares are likely to remain cautious ahead of the
September-quarter earnings from Infosys Ltd on Oct.
11, which will kick off the results reporting season for blue
chip companies.
* Traders say weakening economic growth and high inflation could
have weighed on corporate earnings.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.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