Domestic bourses registered small gains on the account of positive global cues and reports of trade negotiation between US and china which eased fears of trade war and improved investors risk appetite. The index opened on higher note on positive global stocks and hovered with small gains throughout the session.
Metal sector were the major gainers and Auto sector were the major losers.
Global Markets Update
European markets inched higher on Tuesday as easing trade war worries between US and China pulls the markets higher. The major index Stoxx 600 surged 1.3% whereas German DAX was up by 1.6%.Akzo Nobel sold its chemical business to U.S. private equity firm called Carlyle for 12.3 billion US dollar, a milestone for the Dutch company as it struggles to recover from a tempestuous 2017.
To offer enhanced digital services & solution, Wipro and and Adobe have expanded their partnership.
ANDA approval received to Glenmark Pharmaceuticals for Clobestal Propionate Spray, 0.05%.
On Monday, for development and operation of Talabira 2 and 3 block, Adani Enterprise has signed a coal mining agreement with NLC India Limited.
A new variant of its compact SUV Nexon has launched by Tata Motors today, with price starting at Rs 7.99 lakh.
Vedanta announced that the company to shut down smelting operation at Tuticorin as it is part of regular maintenance program.
By NHAI in Karnataka & Maharashtra, Dilip Buildcon has been declared lowest bidder for 4 hybrid annuity projects.
Larsen & Tourbo (L&T) inch up 0.69% after receiving order worth Rs 747 crore from NPCIL to supply steam generators and end shields.
Japan’s stocks rose sharply on Tuesday as immediate concerns about trade frictions between the United States and China abated, helping trade-exposed sectors such as chip manufacturers, and following a firm lead from U.S. futures. The Nikkei ended 2.7 percent higher at 21,317.32.
Taiwan stocks were higher after the close on Tuesday .At the close in Taiwan, the Taiwan Weighted gained 1.35%.
Australia stocks were lower after the close on Tuesday, as in the sectors led shares .At the close in Sydney; the S&P/ASX 200 unchanged 0.00% to hit a new 3-months low.
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