Domestic shares ended lower after a volatile trade on Tuesday. Global stock markets were under pressure after the death toll and incidence rate of the Chinese coronavirus escalated over the weekend. Investors also turned cautious ahead of the Union Budget on Saturday, 1 February 2020.
Renault’s board is set to meet early on Tuesday afternoon to discuss naming Luca de Meo, formerly the head of Volkswagen’s Seat brand.European stocks pared early gains alongside U.S. index futures on Tuesday amid international efforts to curb the SARS-like virus from spreading. The yuan steadied and Treasuries turned higher.
State-owned Coal India has received green clearances for 17 mining projects, a move that will enable the world’s largest coal miner to achieve one-billion-tonne production target.
Cipla has received the Establishment Inspection Report (EIR), indicating closure of the inspection, following the inspection by the United States Food and Drug Administration (USFDA) at the lnvagen (US) manufacturing facility from December 2, 2019 to December 6, 2019.
Maruti announces price increase. Co says price change varies across models & ranges from 0% to 4.7% (Ex-Showroom – Delhi); new prices are effective from January 27.
IndiGo appoints Ronojoy Dutta (earlier appointed as CEO) as Whole Time Director (Additional Director) & CEO with immediate effect.
Dewan Housing Finance Corporation (DHFL) share price locked at 5 percent lower circuit on January 28 after Enforcement Directorate (ED) arrested Kapil Wadhawan, the promoter of company.
Asian stocks looked set for further losses Tuesday as concern over the economic and human impact of China’s deadly coronavirus rattled global markets. Treasuries rallied and the yen held gains.
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 lost 0.55%.
Australia stocks were lower after the close on Tuesday, as losses in the Energy, Resources and Metals & Mining sectors led shares lower. The S&P/ASX 200 lost 1.35%.
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