Gainers & Losers
NEW DELHI - The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term.
LONDON - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.
LONDON - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust.
MUMBAI - Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrade.
LONDON - An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says.
MADRID - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system.
MUMBAI/BANGALORE - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.
All Indian Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.BSESN||BSE Sensex||17 May 2013||20,286.12||+38.79||+0.19%|
|.NSEI||Nifty||17 May 2013||6,187.30||+17.40||+0.28%|
|.CNXMDCP||CNX Midcap Index - NSE||17 May 2013||8,186.65||+44.65||+0.55%|
|.CRSLDX||S&P CNX 500 Index - NSE||17 May 2013||4,847.10||+16.85||+0.35%|
|.NSMIDCP||Nifty Jr||17 May 2013||12,737.55||+94.60||+0.75%|
|.TRXFLDINP||Thomson Reuters Equity India Index||17 May 2013||643.70||+1.83||+0.29%|