Reuters logo
MARKET EYE-Indian shares down; FDI vote in upper house key
December 6, 2012 / 9:02 AM / 5 years ago

MARKET EYE-Indian shares down; FDI vote in upper house key

* The BSE index falls 0.63 percent to 19,269 and the
NSE index is down 0.64 percent to 5,863, on
* The government's win in the retail FDI vote in Lok Sabha on
Wednesday failed to boost sentiment as traders remain cautious
over the vote in the upper house. 
* India's 50-share index has been trading in the "overbought"
territory, with its 14-day relative strength index around 70. 
* Leading the falls Infosys drops 2.1 percent while
Tata Consultancy Services is down 1.7 percent on
Cognizant Technology Solutions Corp SEC filing. 
* GMR Infrastructure falls 3.2 percent after a
Singapore court ruled in Maldives' favour on Thursday,
overturning an earlier order given in favour of GMR, suspending
the South Asian country's decision to cancel its $511 million
airport development contract with the company. 

 ( /;

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