The benchmark indices ended with decent gains after a volatile session on Tuesday. Media updates on the PSU disinvestment front led to heavy buying momemtum in the last hour of trade. Telecom shares shot up on proposals to raise tariffs from December. Index heavyweight Reliance Industries hit a record high level. Bharti Infratel, Bharti Airtel, Axis Bank, Reliance Industries and Power Grid Corp were among major gainers on the Nifty, while losers were Yes Bank, M&M, Zee Entertainment, TCS and Tata Steel.
Boeing’s 737 MAX took center stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding.- World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the United States and China can reach a deal to end their damaging trade war.STOXX 600 (STOXX) up by 0.4%.
TCS launches Microsoft business unit To help accelerate business transformation
Lupin announced the launch of Potassium Chloride (KCI) for Oral Solution USP, 20 mEq, having received an approval from the United States Food and Drug Administration (USFDA) earlier.
Shares of SpiceJet jumped 5 percent on November 19 after a Directorate General of Civil Aviation (DGCA) data showed the company’s market share increased in October.
Shares of telecom operator Vodafone Idea rallied 24 percent and Bharti Airtel gained 6 percent on November 19 after both decided to increase tariffs.
Dilip Buildcon has bagged an order worth Rs 2,123 crore in Madhya Pradesh from Coal India.
Shares of Welspun Corp rallied 4 percent on November 19 after the Competition Commission of India approved sale of plates & coils mill division.
Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.The Nikkei 225 fell 0.53%.
Australia stocks were higher after the close on Tuesday, as gains in the Consumer Staples, Telecoms Services and A-REITs sectors led shares higher.The S&P/ASX 200 rose 0.70% to hit new 3-months high.
The Shanghai Composite traded 0.4% higher.The Shenzhen Component jumped 1.4%.
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