INDIAN FACE
INDIAN EQUITY BENCHMARK rose on Thursday, recovering
from two sessions of falls as Power Grid Corp and other blue
chips recouped recent losses, Traders said the expiry of
monthly derivatives at the end of the session sparked less
volatility than usual, with broader sentiment also helping as
global shares rose towards six-year highs after a raft of
positive U.S. economic data.
Further, State-run Power Grid Corp of India Ltd ended up 2.8
% after being among the leading losers ahead of a share sale
that is part of the government's disinvestment programme.
While Dr. Reddy's gained after a rival received an import ban
on a key competing drug from U.S. regulators.
GLOBAL FACE
Asian stock markets were broadly higher, with shares in Japan
rallying to the highest level since May as traders continued to
monitor movements in the currency market.
European stocks remained higher, despite disappointing
German data as markets continued to watch political
developments in Germany and Italy.
U.S. stocks rose after consumer sentiment data beat
expectations, while better-than-expected earnings from
Hewlett-Packard fueled the rally by boosting hopes for a
robust holiday shopping season..
stock cash futures Stock Cash Calls equity tips provider free equity tips equity tips
INDIAN EQUITY BENCHMARK rose on Thursday, recovering
from two sessions of falls as Power Grid Corp and other blue
chips recouped recent losses, Traders said the expiry of
monthly derivatives at the end of the session sparked less
volatility than usual, with broader sentiment also helping as
global shares rose towards six-year highs after a raft of
positive U.S. economic data.
Further, State-run Power Grid Corp of India Ltd ended up 2.8
% after being among the leading losers ahead of a share sale
that is part of the government's disinvestment programme.
While Dr. Reddy's gained after a rival received an import ban
on a key competing drug from U.S. regulators.
GLOBAL FACE
Asian stock markets were broadly higher, with shares in Japan
rallying to the highest level since May as traders continued to
monitor movements in the currency market.
European stocks remained higher, despite disappointing
German data as markets continued to watch political
developments in Germany and Italy.
U.S. stocks rose after consumer sentiment data beat
expectations, while better-than-expected earnings from
Hewlett-Packard fueled the rally by boosting hopes for a
robust holiday shopping season..
stock cash futures Stock Cash Calls equity tips provider free equity tips equity tips
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