Tuesday, December 04, 2012
The market is likely to open lower on negative Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 11 points at the opening bell. A two-day debate begins in Lok Sabha today, 4 December 2012, on the government's decision in September 2012 allowing FDI in multi-brand retail. Asian markets lost ground Tuesday after some weak global manufacturing data contrasted with earlier numbers showing improvement at Chinese factories. India's largest engineering and construction conglomerate L&T said after market hours on Monday, 3 December 2012, that the wind energy project of L&T Infrastructure Development Projects (L&T IDPL) has secured the Clean Development Mechanism (CDM) status from United Nations Framework Convention on climate change (UNFCCC), Bonn, Germany. It has registered L&T IDPL for receiving Certified Emission Reduction (CER) certificates every year up to 2022, L&T said.