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MARKET EYE-SGX Nifty gains after a delayed start; FIIs remain sellers
April 9, 2013 / 2:57 AM / 5 years ago

MARKET EYE-SGX Nifty gains after a delayed start; FIIs remain sellers

* Nifty futures on the Singapore Exchange up 0.4
percent, while the MSCI-Asia Pacific index excluding Japan   
 higher 0.82 percent. 
* Singapore Exchange earlier delayed the start of
trading on its derivatives market due to technical problems, the
bourse said. 
* The yen fell to multi-year lows, pressured by the Bank of
Japan's aggressive reflationary campaign, while Asian equities
looked for support from a solid start to the U.S. quarterly
earnings season.  
* Foreign funds sold shares worth 10.61 billion rupees ($194.48
million) in the previous four sessions, provisional exchange
data showed, amid worries about the domestic economy and on
lingering concerns about political stability.
* Also on watch, the southern bench of the National Green
Tribunal will hear a case over the closure of Sterlite
Industries (India) Ltd's copper smelter in the
southern state of Tamil Nadu. 

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