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Indian shares edge lower; post strong gains in 2012
December 31, 2012 / 10:08 AM / 5 years ago

Indian shares edge lower; post strong gains in 2012

MUMBAI, Dec 31 (Reuters) - Indian shares edged lower on
Monday due to caution over the "U.S. cliff" talks, but ended
2012 with its best gain in three years as strong foreign inflows
and the government's fiscal and economic reforms outweighed
worries about the domestic economy.
    Tata Motors gained 0.95 percent ahead of monthly
sales data due on Tuesday amid expectations of an improved
performance, while Oil and Natural Gas Corp ended up
0.7 percent, extending gains on hopes for fuel price hikes.
    The BSE index provisionally fell 0.14 percent,
while the NSE index was down 0.06 percent. 

 (Reporting by Manoj Dharra; Editing by Rafael Nam)

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