The Sensex ended with small gains while the Nifty ended almost flat after a volatile trading session on Wednesday. The Nifty opened on gap up note but soon it erased all the gains and traded in mixed sentiments throughout the day. At close, the Sensex was up 66.40 points at 39112.74, while Nifty ended flat at 11691.50. The breadth of the market favoured the declines as 431 stocks advanced and 1329 declined. Among the sectors, except metal all other indices ended in the red led by pharma, infra, IT and auto.
Airbus, has been negotiating with U.S. investor Bill Franke whose Indigo Partners has been known to place orders for multiple airlines within its portfolio and could close a deal at the Paris Airshow. European stock markets fell back marginally on Wednesday after posting their best performance in five months a day earlier thanks to a policy speech from European Central Bank. European STOXX 600 index almost 2% higher.
The construction arm of L&T has secured orders from prestigious clients in Sri Lanka and from within India.
The Reserve Bank of India imposed a penalty of Rs1cr on HDFC Bank for non-compliance with directions issued by RBI on Know Your Customer/Anti-Money Laundering norms and on reporting of frauds.
Rajesh Exports has bagged a prestigious order worth Rs 942 crore of designer range of jewellery from Germany. The said order is to be completed by August 2019.
BHEL has achieved yet another milestone in Bhutan with the successful commissioning of Unit-1 of the 4×84 MW Chhukha hydro electric project (HEP), following complete renovation and modernization (R&M) of the generator.
Granules India rallied 9.5 percent intraday after company’s chairman expects pledge on shares to reduce in coming weeks.
IRB Infrastructure Developers shares fell 14 %after a media indicated that there could be new operator for Mumbai-Pune Expressway.
Japan stocks were higher after the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. The Nikkei 225 rose 1.80% to hit a new 1-month high.
Australia stocks were higher after the close on Wednesday, as gains in the Energy, Resources and Metals & Mining sectors led shares higher. The S&P/ASX 200 added 1.19% to hit a new 5-year high.
China’s Shanghai Composite and the Shenzhen Component gained 1.5% and 2.0% respectively.
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