After seeing high intraday volatility, domestic bourses settled on a flat-to-positive note. Local stocks cut losses triggered by negative global cues and throughout the day it is traded with mixed sentiments and in late trade, Indices trimmed gains. Market breadth that indicates health of market is weak. The Nifty 50 gained 6 points and settled at 10769.15. Realty sector were the major gainers of the day and FMCG sector were the major losers of the day.
Harley-Davidson Inc would move U.S. production of motorcycles for European Union customers overseas to avoid retaliatory tariffs that could cost the company up to $100 million per year. European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets. European STOXX 600 was up 0.3%.
Oil India share prices advanced 0.86%, after the company annunciated hydrocarbon discovery in KG Basin, Andhra Pradesh.
Jet Airways (India) share prices rose 1.00% after the company entered into another agreement with The Boeing Company for purchase of an additional 75 Boeing 737 MAX Aircraft.
Auropharma got final approval from the USFDA to manufacture and market Ertapenem Injection 1 g/vial. Basically this injection is used for the treatment of moderate to severe infections caused by susceptible bacteria.
Info Edge (India) share prices jumped 5% after the company said it has signed an agreement with Soft Bank to jointly invest $90 million in the parent of Policy Bazaar.
NOCIL commissioned Phase – 1 of expansion of capacities of Rubber Chemicals at its Navi Mumbai plant.
Tata Elxsi has been at the forefront of integration and implementation of OTT Video solutions for leading operators and entertainment companies around the globe.
Japan stocks were higher after the close on Tuesday, as gains in the Paper & Pulp, Mining and Finance & Investment sectors led shares higher. The Nikkei 225 gained 0.02%.
Philippines stocks were higher after the close on Tuesday, as gains in the Holding Firms, Property and Industrials sectors led shares higher. The PSEi Composite rose 0.29%.
Taiwan stocks were lower after the close on Tuesday, as losses in the Semiconductor and Financials sectors led shares lower. The Taiwan Weighted lost 0.41% to hit a new 1-month low.
(Click to submit your details) Just one step to get best trading tips and Recommendation.