For the sixth straight trading session, Domestic bourses advanced ahead of industrial production and inflation data scheduled to be released later in the day. Key indices start the session on dull note and firmed up as the session progressed. Nifty closed at 10456.10 after gaining 40 points.
IT sector were the major gainers and Realty sector were the major losers.
Global Markets Update
Japanese truck maker Hino Motors Ltd formed a strategic tie-up with Volkswagen Truck & Bus GmbH, the two truck makers will consider cooperating in areas such as diesel and hybrid engines, connectivity and self-driving, Hino said in a statement.
Australia stocks declined as selling in the Industrials, Financials sectors led shares lower. At the close in Sydney, the S&P/ASX 200 fell 0.25%.
In may, Gail Limited will get its first gas cargo from Gazprom. Apart from this, Gail also plans to source up to 5 million tones of liquefied natural gas (LNG) form the US in the current year.
IDBI Bank decline 1.94% after the RBI imposed a monetary penalty of Rs 3 crore on the bank for non-compliance.
Yesterday, Larsen & Toubro and Bharat Electronics signed MoU in defexpo 2018 at Chennai to share design development, manufacturing and address defence products/ systems requirements.
Biocon rose 2.1% after the announcement made that it along with Mylan seek to accelerate introduction of adalimumab biosimilar in European Union.
SAIL failed to meet its target to supply rails for Indian Railways during the fiscal year 2017/18.
Strides Shasun shares advances nearly 2% after the company received approval from the US health regulator for antihistamine drug which used to relieve allergy symptoms
Today Tata Motors launches its sub one-tonne mini-truck Tata ace, priced at 3.75 Lakh Rupee.
Taiwan stocks tumbled as losses in the Electricity and Semiconductor sectors led shares lower. At the close in Taiwan, the Taiwan Weighted declined 0.17%.
China equities slipped as the selling in the Banking, Life Insurance and Financials sectors led shares lower. At the close in Shanghai, the Shanghai Composite lost 0.87%, while the SZSE Component index fell 0.75%.
Japanese stocks pulled back on Thursday as worries about possible U.S. military action against Syria curbed investor risk appetite, while earnings reports kept the retail sector in the spot light.
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