Key domestic indices ended the volatile trading session with modest gains on Friday. The market sentiment was upbeat amid positive global cues. The Nifty pared gains after hitting a record high of 12,311.20 in early afternoon trade.At close, the Sensex was up 147.37 points or 0.36% at 41599.72, while Nifty was up 40.60 points or 0.33% at 12256.50.
All the sectoral indices ended higher led by the metal, IT, realty, auto, FMCG, infra and pharma.
South Korea’s Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye has appointed external experts to a new oversight panel to stamp out criminal conduct. European shares firmed on Friday as relief over a de-escalation in U.S-Iran military tensions continued to bolster global equities. The pan-European STOXX 600 Index (STOXX) rose 0.3%.
Adani Group gets security clearance for Ahmedabad, Lucknow and Mangalore airports. The concession agreement for 3 airports likely to be signed soon
Edelweiss Financial Services share price locked at 10 percent lower circuit after report that the Enforcement Directorate (ED) summons Edelweiss Group chairman Rashesh Shah. However, Edelweiss sources said that the reports are completely false and motivated.
Hinduja Group’s flagship firm Ashok Leyland and ABB Power Products and Systems India on Thursday announced a partnership for co-operation in public electric mobility space with plans to develop electric bus that can be charged within seconds.
Sterlite Technologies subsidiary will buy a 12% stake in Israel-based company ASOCS.
Delta Corp subsidiary in Nepal has been issued a license for operating a casino in Nepal.
TCS expanded pact with Norway’s Vipps for cloud services.
Most Asian markets continued to climb on Friday morning helped along by continued forward movement in trade negotiations between the U.S. and China, the easing of tensions between the U.S. and Iran a strong performance in tech stocks on Wall Street.
Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. The Nikkei 225 rose 0.47%.
Australia stocks were higher after the close on Friday, as gains in the Healthcare, Consumer Staples and Telecoms Services sectors led shares higher. The S&P/ASX 200 rose 0.80% to hit a new all time high
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