Monday, March 4, 2013

MARKET EYE - MAR 4


* Nifty futures on the Singapore Exchange fall 0.6
percent. The MSCI-Asia Pacific index, excluding Japan  
 falls 1.2 percent. 
* Asian shares eased on Monday, with sentiment hurt by a patchy
global growth outlook and weak data from Europe, but losses were
limited as robust U.S. economic figures overshadowed worries
about automatic spending cuts hurting the U.S. economy.
 
* Foreign investors bought 6.27 billion rupees of stocks, while
domestic institutions sold 0.45 billion rupees of stocks on
Friday, when the BSE index rose 0.3 percent.
* With most domestic catalysts out of the way, shares are likely
to follow global cues ahead of the RBI policy on March 19

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