September 3, 2009

0.2 pct rise in Indian Shares

Indian shares in Indian stock market nudged up 0.2 percent on Friday after falling 3.3 percent over the past four days, but worries about a weak monsoon and doubts over the sustainability of a global recovery kept investors cautious.
"Even though there is a rise today, there is not much conviction," Ambareesh Baliga, vice president at Karvy Stock Broking, said. "There are no triggers to lead the market significantly higher."

Read More: http://in.reuters.com/article/indiaMktRpt/idINBOM45274220090904