Domestic bourses opened almost flat and turned weak as the session progressed. Key benchmark indices ended with moderate losses on account of weak global cues as the trade spat between the China and US intensified. Moreover; persistent capital outflows by foreign funds too dampened sentiment.The Nifty 50 lost 89.40 points and settled at 10710.45. The market breadth was weak.Broader market witnessed selling pressure. Realty and Metal sectors were the major losers of the day.
SigFig, a San Francisco-based startup that provides wealth management technology to financial companies, has raised $50 million from investors.
Hong Kong stocks closed at their lowest in more than four months, tracking other Asian markets roiled by escalating China-U.S. trade frictions.The Hang Seng index closed down 2.8% at 29,468.15.
Glenmark Pharmaceuticals annuciated that the USFDA provided its first supplemental Abbreviated New Drug Application (sANDA) approval for the company’s manufacturing facility in Monroe, North Carolina.
Goa Carbon plunged 2.36% after the company the operations of Paradeep Unit at Village Udayabata, Odisha has been put on temporary halt due to the obstructions by the contract workers.
Titan Company sold its entire stake in Titan Time Products to Danlaw Technologies
Cadila Healthcare share prices jumped to 1.85% after the company received the tentative approval from the USFDA to market Tadalafil tablets.
Tata Power has become the first Power utility to enable online, automated bill payments using e-NACH (Electronic National Automated Clearing House). Moreover, IDFC Bank is a technology partner and a settlement banker to Tata Power.
Strides Shasun (STAR) receives USFDA approval for Ketoconazole Tablets USP, 200 mg
Japan stocks were lower after the close on Tuesday, as losses in the Gas & Water, Shipbuilding and Machinery sectors led shares lower.The Nikkei 225 fell 1.77%.
Philippines stocks were lower after the close on Tuesday, as losses in the Services, Holding Firms and Mining & Oil sectors led shares lower.The PSEi Composite fell 1.37%
Indonesia stocks were lower after the close on Tuesday, as in the sectors led shares .The IDX Composite Index unchanged 0.00%.
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