Indian shares snap 5-day rally; Reliance rises
* Profit-taking after Sensex climbs 5 pct over 5 sessions * India's growth may dip below 7 pct in 2011/12 - government * Reliance rallies 1.4 pct after Goldman upgrades stock to 'buy' * Mahindra falls 2.9 pct after Q3 profit drops more than expected (Updates to close, adds detail) By Henry Foy and Aditi Shah MUMBAI, Feb 7 - Indian shares snapped a five-day rally on Tuesday as investors locked in profits after the government forecast growth may dip below 7 percenIndian shares provisionally fall 0.5 pct
MUMBAI, Feb 7 - Indian shares provisionally closed down 0.5 percent on Tuesday, as investors booked profits after the main index rallied 5 percent over five sessions.Indian shares inch up, GDP estimate awaited
* Benchmark index up 0.3 pct, rally continues * Reliance leads with 1.8 pct gain * Government GDP growth forecast for FY12 at 0530 GMT (Updates to mid-morning, adds detail) MUMBAI, Feb 7 - Indian shares nudged higher on Tuesday, with index heavyweight Reliance Industries advancing strongly, while investors were cautious ahead of the release of the government's GDP growth estimate for the current financial year. Following a series of rate increases to fight inflatioIndian shares up 0.3 pct early, Reliance leads
MUMBAI, Feb 7 - Indian shares rose 0.3 percent early on Tuesday, led by index heavyweight Reliance Industries, continuing a five-day rally ahead of the release of the government's GDP growth estimate for the current financial yearIndian shares seen creeping up, GDP data awaited
MUMBAI, Feb 7 - Indian shares are expected to open cautiously higher on Tuesday, continuing a five-day rally, but the release of the government's official prediction for economic growth in the current year is seen dictating the market later in the day. Various estimates from economists and policymakers have pegged India's gross domestic product (GDP) growth at between 7 and 7.5 percent in the fiscal year that ends in March, a sharp fall from 8.4 percent seen in the previous year.Indian shares provisionally end 0.4 pct higher
MUMBAI, Feb 6 - Indian shares provisionally closed up 0.41 percent on Monday, bolstered by surprisingly robust U.S. jobs data that added to investor confidence about a turnaround in the global economy.Indian shares up; Piramal Healthcare rallies 7 pct
* Piramal Healthcare agrees to raise stake in Vodafone India unit (Updates to mid-morning, adds detail)Indian shares up 1 pct; Piramal Healthcare rallies
MUMBAI, Feb 6 - Indian shares rose 1 percent early on Monday after a robust U.S. jobs data bolstered global risk appetite and lifted Asian markets.Indian shares seen up; Hindustan Unilever may rise
MUMBAI, Feb 6 - Indian shares are expected to open higher on Monday, bolstered by surprisingly robust U.S. employment report that offered proof of a healthier global economy and boosted world markets. "Asia is already responding to the U.S. numbers," said K.K. Mital, head of portfolio management at Globe Capital Market in New Delhi. "Also the court's ruling on Chidambaram in 2G scam is also beneficial to the government and should help a rally." An Indian court dismissed a pet
All Indian Indices
| Symb | Index | Mkt Report | Time | Last | Chg | Chg % |
|---|---|---|---|---|---|---|
| .NSEI | Nifty | 3:32pm IST | 5,335.15 | -26.50 | -0.49% | |
| .BSEOIL | BSE Oil & Gas | 3:40pm IST | 8,766.75 | +76.48 | +0.88% | |
| .BSEIT | BSE IT | 3:40pm IST | 5,898.38 | -51.03 | -0.86% | |
| .BSEMET | BSE Metals | 3:40pm IST | 11,855.77 | -213.33 | -1.77% | |
| .BSEFMCG | BSE FMCG | 3:40pm IST | 4,132.79 | +11.59 | +0.28% | |
| .BSECG | BSE Capital Goods | 3:40pm IST | 10,225.29 | -239.57 | -2.29% | |
| .BSEBANK | BSE Banking | 3:40pm IST | 11,864.62 | +66.43 | +0.56% | |
| .BSEREAL | BSE Realty | 3:40pm IST | 1,816.01 | -38.88 | -2.10% | |
| .BSEAUTO | BSE Auto | 3:40pm IST | 9,498.20 | -105.85 | -1.10% | |
| .BSEPOWER | BSE Power | 3:40pm IST | 2,129.56 | -43.11 | -1.98% | |
| .BSEHC | BSE Healthcare | 3:40pm IST | 6,403.30 | -0.56 | -0.01 |
by:----GAUTAM KUMAR GUPTA
PGDM 2ND SEM.
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