Indian shares inched higher on Monday as broader Asian equities rose on optimism from the strong U.S. data, although gains were capped by concerns about China's economic slowdown. The NSE Nifty 50 index rose 0.1% to 11,37.65 and the S&P BSE Sensex edged up 0.14% to 40,500.06
Nifty metals index rising 1.07%. The auto index was also up 1%, buoyed by Maruti Suzuki The automobile major's shares were among the top advancing stocks on the Nifty. Zee Entertainment was also among the top gainers for the morning, rising 1.44%. IT stocks were the biggest laggards, as the sector's main sub-index fell 0.53%. The Nifty fast-moving consumer goods sub-index shed 0.47%. Bharti Infratel shed 1.52% and was the top loser among Nifty stocks. Tech Mahindra fell 1%.
24 Jan 2020 05:32 PM
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Indian shares close higher, banking stocks shine
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British companies are enjoying their best month in more than a year, a survey showed on Friday, the strongest evidence yet of a post-election boost to the economy that could deter the Bank of England from cutting interest rates next week.
24 Jan 2020 02:49 PM
A group of ruling party lawmakers are working on a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook's Libra and China's drive to create a digital yuan.
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Indian shares edged higher in early trading on Friday, as investors assessed a clutch of corporate earnings reports and awaited the release of the Federal budget.
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Gold edged lower on Friday after the World Health Organisation stopped short of declaring the China virus outbreak a global emergency, though prices were still on track to post a weekly gain.