Friday, December 16, 2011

Telecom/Mobile News Headlines | Tech News – Yahoo! India News: Sensex seen higher, RBI policy awaited

Telecom/Mobile News Headlines | Tech News – Yahoo! India News
Latest telecom/mobile news headlines from Yahoo! India News. Top stories & Telecom/Mobile news articles, videos, photos from India & around the world.
Sensex seen higher, RBI policy awaited
Dec 16th 2011, 03:37

photoMUMBAI (Reuters) - The Sensex is expected to start higher on Friday on hopes the Reserve Bank of India (RBI) will hold rates at its policy review around noon (0630 GMT) as the economy cools. Investors are hoping the RBI will issue a dovish statement, which could help bolster sentiment in a market that has fallen nearly 23 percent this year. Oil marketing companies such as Indian Oil Corp and Hindustan Petroleum will be in focus on media reports they may raise petrol prices later on Friday. Asian stock markets were firm after signs of strength in the U.S. ...


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