Key equity barometers ended with decent gains on Thursday after oscillating between gains and losses for the first half of the trading session. The Nifty 50 index managed to close above the 11,850 level. Trading was volatile due to weekly expiry of index options. Sentiment was embittered after Moody’s cuts India’s GDP growth forecast to 5.6% for 2019.
ICICI bank, Infosys and Bajaj Finance were the top gainers while Bharti Infratel, IndusInd Bank and Zeel were the top losers.
Boeing Co has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead partially switch back to mechanics. World stocks nudged down as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter. STOXX 600 index was down 0.2%.
Cardinal Health partners with TCS to transform its IT operating model.
Indiabulls Housing Finance said it made timely payment of interest and principal in respect of the secured redeemable non- convertible debentures (NCDs) issued by it.
Shares of Aurobindo Pharma hit more than 5-year low intraday on November 14 after company received 14 observations from the US health regulator for its Pashamylaram unit.
Wipro announced it will work within the Telecom Infra Project (TIP) to drive 5G adoption in the global communications service provider and enterprise markets
Vedanta Limited participated in and emerged as the highest bidder for the Jamkhani coal block in Sundargarh district, Odisha, conducted by Ministry of Coal, Government of India.
Infosys has strongly refuted charges of disclosure lapses pertaining to a recent whistleblower complaint received in September, as per media reports.
Japan stocks were lower after the close on Thursday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.The Nikkei 225 fell 0.76%.
The Shanghai Composite inched up 0.1% by, while the SZSE Component gained 0.4% as investors shrugged off data that showed China’s economy slowed further in Octobe
Australia stocks were higher after the close on Thursday, as gains in the Consumer Staples, Telecoms Services and IT sectors led shares higher.The S&P/ASX 200 added 0.55%.
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