Indian shares ended higher on Monday, as gains in auto and metal stocks offset losses in information technology and consumer sectors. The NSE Nifty 50 index ended 0.13% higher at 11,936.95 and the S&P BSE Sensex closed up 0.1% at 40,487.43.
Auto stocks led gains as the sector's main sub-index <.NIFTYAUTO> closed up 0.73%. Maruti Suzuki <MRTI.NS> gained 1.82% as the company announced higher production for November last week. The Nifty metals index <.NIFTYMET> rose 0.63% and was also among the top gainers among sectors. Meanwhile, the Nifty IT index <.NIFTYIT> and the Nifty fast-moving consumer goods index <.NIFTYFMCG> fell 0.87% and 0.53%, respectively to end as the day's biggest laggards. State-owned refiner Bharat Petroleum Corp <BPCL.NS> rose 2.2%, while India's second-most valuable company Tata Consultancy Services <TCS.NS> dropped nearly 3%.
14 Aug 2020 04:44 PM
Indian shares settled lower for a third consecutive session on Friday, dragged by financial stocks as new quarantine restrictions from Britain and weak economic data from China hurt global investor sentiment.
14 Aug 2020 02:45 PM
The Indian rupee was little changed against the dollar this week, as likely intervention by the country’s central bank countered the impact of inflows
14 Aug 2020 11:50 AM
Indian shares rose on Friday, powered by drug stocks and heavyweight Reliance Industries, as hopes of more economic relief measures to blunt the impact of the COVID-19 pandemic boosted sentiment.
14 Aug 2020 11:15 AM
The yuan eased against the dollar in thin trade on Friday, with investors avoiding huge bets on the local currency ahead of a meeting of U.S. and Chinese trade officials.
14 Aug 2020 10:50 AM
Gold fought for traction on Friday as a jump in U.S. Treasury yields forced investors to reassess their positions again after a steep retreat from a record peak earlier this week, which put bullion on course for its first weekly fall since early June
14 Aug 2020 10:34 AM
The Indian rupee was at 74.82/74.83, against 74.84/74.85 in the previous session