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MARKET EYE-SGX Nifty gains; WPI inflation key
February 13, 2013 / 3:17 AM / 5 years ago

MARKET EYE-SGX Nifty gains; WPI inflation key

* Nifty futures on the Singapore Exchange rose 0.19
percent and the MSCI-Asia Pacific index excluding Japan 
 was up 0.72 percent.           
* Asian shares inched higher on Wednesday while the yen was
firmer amid conflicting interpretations of G7 comments about its
recent weakness.   
* Foreign investors bought 6.04 billion rupees of stocks, while
domestic institutions sold 4.12 billion rupees of stocks on
Tuesday, when the BSE index rose 0.52 percent.
* All eyes are now on January WPI data, due on Thursday, which
is expected to have eased to its lowest level in three years,
due to a smaller rise in prices of manufactured goods, according
to a Reuters poll. 
* Earnings on Wednesday: Tata Steel, Coal India
.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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