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%.
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