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Indian shares to open higher; Reliance, L&T eyed

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  1. #1
    sirfpaisa
    sirfpaisa is offline eTI Iron

    Indian shares to open higher; Reliance, L&T eyed

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    MUMBAI, Nov 17 - Indian shares are expected to start higher

    on Tuesday, tracking the overnight rise on Wall Street but with

    Asian markets reversing early gains there will be resistance.

    Reliance Industries (RELI.BO: Quote, Profile, Research) will be

    in focus as theenergy giant holds its annual general meeting of

    shareholders.



    Engineering and construction firm Larsen & Toubro (LART.BO: Quote,
    Profile, Research), will be watched after sources said its power
    unithad emerged the lowest bidder for a project in north India.

    Asian shares edged lower after hitting 15-month highs, with
    the MSCI's measure of regional markets other than Japan.

    MSCIAPJ down 0.2 percent by 0346 GMT. Japan's Nikkei .

    N225 edged 0.1 percent lower.



    The Nifty India stock futures in Singapore SINc1 were up
    0.4 percent, indicating the domestic market may start higher.

    On Monday, the 30-share BSE index .BSESN rose 1.09
    percent to 17,032.51. It has gained more than 7 percent this
    month after falling 7.2 percent in October in its worst monthly
    performance in a year.
    ----------------MARKET SNAPSHOT AT 0849 GMT----------------

    INSTRUMENT LAST PCT CHG NET CHG
    S&P 500 .SPX 1109.3 1.45% 15.820
    USD/JPY JPY= 89.08 -0.01% -0.010
    10-YR US TSY YLD US10YT=RR 3.349 -- 0.000
    SPOT GOLD XAU= 1137.1 -0.17% -1.950
    US CRUDE CLc1 78.59 -0.39% -0.310
    DOW JONES .DJI 10406.96 1.33% 136.49
    ASIA ADRS 127.37 1.68% 2.11
    -------------------------------------------------------------

  2. #2
    kammy
    kammy is offline eTI Copper

    Re: Indian shares to open higher; Reliance, L&T eyed

    nice updates
    kamal

  3. #3
    priya0710
    priya0710 is offline eTI Iron
    Market opened on a positive note today.Indian share market is of highly volatile nature. Traders and investors finds it difficult to trade here as they are unable to cope up with frequent market fluctuations.

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