Domestic key benchmark indices inched marginally higher in volatile trade session on the very first trading session of the week opening the session with a gap down and extended their decline. However, witnessing buying interest at lower levels, the indices bounced back into positive territory. Selling in global markets too impacted the domestic equities. Nifty settled at 10379.
PSU banks were the major gainers of the day while Metal and IT shares were the major losers of the day.
Shares in China’s Lenovo Group were down again on Monday following a Bloomberg report that Chinese spies used microchips to hack into some U.S. companies’ systems. European shares started the week in negative territory on Monday as fears a trade war could have a bigger impact than expected on China added to concerns that rising U.S. interest rates are gradually making stock markets less attractive for investors
GMR Infrastructure Ltd has received a consent award from the arbitral tribunal in Singapore based on the settlement agreement signed by a set of private equity investors.
Tata Motors has launched a new premium variant of its lifestyle sports utility vehicle Hexa with 16 new features. Priced at Rs 15.27 lakh
Eicher Motors, which has a 50:50 joint venture with Volvo Group for trucks and buses (VECV), plans to set up a new Greenfield truck manufacturing plant at an investment of Rs 400 crore in Bhopal
Larsen & Toubro’s power transmission and distribution business of its arm L&T Construction has bagged orders worth ₹ 1,881 crore in the domestic and international markets.
State-owned iron ore mining major NMDC is all set to host the ‘International Conference on Minerals and Metals Outlook 2030’ in New Delhi on October 9-10.
The merger of Capital First and its subsidiaries with IDFC Bank is in final stages with the merged entity likely to take shape by the year end.
Philippines stocks were lower after the close on Monday, as losses in the Industrials; Holding Firms and Property sectors led shares lower.
Taiwan stocks were lower after the close on Monday, as losses in the, Semiconductor and Electronic Parts/Components sectors led shares lower. The Taiwan Weighted declined 0.58% to hit a new 6-months low.
China stocks were lower after the close on Monday, as losses in the Real Estate Investments & Services, Technology Hardware & Equipment and Travel & Leisure sectors led shares lower. The Shanghai Composite lost 3.72%.
(Click to submit your details) Just one step to get best trading tips and Recommendation.