Key indices nudged higher in early trade on buying demand in index pivotals. A divergent trend was witnessed in mid-afternoon trade as the barometer index, the S&P BSE Sensex, was trading with small losses while the Nifty 50 index was trading with small gains.The Nifty 50 lost 84.35 points and settled at 11641.80. Trading was highly volatile as traders rolled over positions in the F&O segment from the near month April 2019 series to May 2019 series. The April 2019 F&O contracts expired today, 25 April 2019.
Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5G payments. European shares edged lower following a mixed bag of earnings from the region and concerns for the euro zone economy resurfaced after a weak German sentiment survey a day earlier. European STOXX 600 index was 0.1% lower.
Maruti Suzuki said ex-showroom orice of Baleno RS Petrol variant and Diesel variants will be hiked with immediate effect.
Glenmark received approval from Russian Ministry of Healthcare to market Momate Rhino metered nasal spray as an Over-the-Counter (OTC) product.
Titan Company hit a record high and crossed Rs 1 lakh crore in market cap.
Jet Airways clarified on the news of a British entrepreneur’s offer to take control in the aviation company stating that an unsolicited email was received.
Reliance Jio overtakes Airtel to become India’s No.2 telecom company
Zydus Cadila has received the final approval from the USFDA to market Leflunomide Tablets USP (US RLD — Arava Tablets), 10 mg and 20 mg.
Jaypee Infratech said the revised resolution plans have been received from NBCC (India) and Suraksha Realty led consortium.
Asian shares slipped to three-week lows on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week.
Japan stocks were higher after the close on Thursday, as gains in the Steel, Services and Pharmaceutical Industry sectors led shares higher.The Nikkei 225 rose 0.48% to hit new 3-months high.
Stocks in China and South Korea fared worse on the other hand. The Shanghai Composite was down about 0.7% while the KOSPI dropped over 0.3%.
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