Tuesday, December 13, 2011

Telecom/Mobile News Headlines | Tech News – Yahoo! India News: Sensex rises as Reliance Industries, Infosys gain

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 rises as Reliance Industries, Infosys gain
Dec 13th 2011, 07:26

photoMUMBAI (Reuters) - The BSE Sensex nudged higher on Tuesday after a three-day slide on expectations the RBI will shift its policy stance toward supporting growth from fighting inflation after a steep drop in factory output. By 12:33 p.m. (0703 GMT), the main 30-share BSE index was up 0.17 percent at 15,898.86, after dropping as much as 0.6 percent in early trade. "The market is expecting a cooling in interest rates, which may trigger an uptrend in the short-to-medium term," said Suresh Parmar, associate vice president for institutional equities at KJMC Capital Markets. ...


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