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Tuesday, January 3, 2012

Indian shares rally 2.7 pct on rate cut expectations


 Sensex up the most in 2 weeks; financials, autos rise * RBI could cut key rates this month - fund manager * Network18, TV18 jump on Reliance Industries investment deal (Updates to close, adds comments, details) By Sumeet Chatterjee MUMBAI, Jan 3 - Indian shares rallied the most in nearly two weeks on Tuesday, led by ICICI Bank , construction major Larsen & Toubro and software bellwether Infosys, as investors bet the central bank will soon start cutting interest ra

Indian rupee gains on firm stocks, inflows eyed

MUMBAI, Jan 3 - The Indian rupee rose on Tuesday as shares climbed across Asia, bolstering the outlook for capital inflows.
10:13am IST

Indian shares provisionally end 2.6 pct higher

MUMBAI, Jan 3 - Indian shares provisionally rose 2.61 percent on Tuesday, led by gains in ICICI Bank and engineering conglomerate Larsen & Toubro , as investors bet on a possible cut in interest rates by the central bank to boost growth.
3:36pm IST

Indian shares rise 1.8 pct; Bajaj Auto, TV18 surge

* Bajaj Auto up more than 1 pct ahead of new vehicle launch * Network18, TV18 jump on Reliance Industries investment report * Analysts say quarterly earnings to set near-term trend (Updates to mid-morning, adds details) MUMBAI, Jan 3 - Indian shares climbed 1.8 percent on Tuesday, extending their gains to a second session in a row, bolstered by hopes for a revival in foreign fund inflows as global risk appetite showed signs of improving. Bajaj Auto rose as much as 1
10:32am IST

Indian shares rise more than 1 pct early

MUMBAI, Jan 3 - Indian shares rose more than 1 percent early on Tuesday, led by gains in index heavyweights Reliance Industries and ICICI Bank and helped by firmer regional markets and hopes for a revival in foreign fund inflows.
9:25am IST

Indian shares seen up for 2nd day, Bajaj Auto eyed

MUMBAI, Jan 3 - Indian shares are expected to extend their gains for the second consecutive session on Tuesday, bolstered by firmer regional markets and hopes for a revival in foreign fund flows into Asia's third-largest economy. Analysts, however, are cautious with no resolution in sight for the euro zone debt crisis and worries about the health of the domestic economy. The near-term momentum of the market will be determined by the quarterly corporate earnings season startin
8:29am IST

Indian shares rise 0.4 pct; Coal India, carmakers gain

* Sensex ends up 0.4 pct but investors stay cautious * RBI governor comments, manufacturing data help * Coal India, Tata Motors, Maruti among main gainers * Bajaj slumps 7.3 pct, iron ore miners slip (Updates to close) By Prashant Mehra MUMBAI, Jan 2 - Indian shares rose 0.4 percent in choppy new year trading on Monday as investors cheered a government decision to allow foreigners to directly buy stocks, but the market remained unconvinced about risk appetite am
02 Jan 2012

Indian shares provisionally close 0.5 pct higher

MUMBAI, Jan 2 - Indian shares provisionally closed 0.5 percent higher on Monday, helped by a government decision to allow foreign investors to directly buy stocks, amid worries about the global economy.
02 Jan 2012

Indian shares slip; Coal India, autos gain

* Sensex down 0.2 pct; investors cautious, volume light * Coal India up after increase in prices * Tata Motors, Mahindra gain on strong Dec sales (Updates to mid-morning, adds detail) MUMBAI, Jan 2 - Indian shares fell in new year trading on Monday as investors were unconvinced a government decision to allow foreigners to directly buy stocks would spur inflows, with global risk appetite subdued. Automakers Mahindra & Mahindra and Tata Motors climbed after both the
02 Jan 2012

Indian shares choppy in early trade

MUMBAI, Jan 2 - Indian shares opened higher in new year trading on Monday but turned choppy as concerns about the global economy kept investors wary despite a government decision to allow foreign investors to directly buy stocks. At 9:23 a.m. (0353 GMT), the main 30-share BSE index was up 0.2 percent at 15,495.47, with 18 of its components rising. It briefly turned negative. The 50-share NSE index was up 0.2 percent at 4,634.05. (Reporting by Prashant Mehra; Editing b

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