Benchmark indices ended mixed but off day’s low in the volatile session on June 13 with Nifty holds above 11,900 level. Stocks initially witnessed selling pressure amid negative global cues. After hitting a fresh intraday low in early afternoon trade, benchmarks staged a smart recovery in mid-afternoon trade. Positive trade in European market and recovery in most Asian indices improved investors sentiment.Among the sectors, selling was seen in the IT, metal, pharma, PSU bank and auto.
Airbus delivered its first A350 aircraft to Japan Air Lines saying the specially tailored version would start operating on Japan’s busy domestic routes.A surge in telecom stocks on Germany’s completion of its 5G mobile spectrum auction pulled. European shares higher on Thursday, overturning a weak opening as investors continued to worry about global trade tensions. Germany’s DAX also outperformed with a 0.4% rise.
Indiabulls Housing Finance said a writ petition alleging financial misdeeds against the mortgage lender had been withdrawn, sending shares nearly 8% higher.
Telecom operator Bharti Airtel shares gained after global brokerage CLSA remained positive on the stock on strong operational growth in Africa business.
V-Mart Retail opens new store: The Company has opened a new store in the state of Uttar Pradesh.
NMDC fell more than 5 percent as company’s operations in Chhattisgarh mines have been shut for past couple of days.
Jet Airways will be in focus after the NSE in its circular informed that shares of Jet Airways (India) Ltd will be removed from daily trading of futures and options effective June 28.
Adani Ports has suspended its vessel operation at Tuna and Mundra port from June 12-13.
Kotak Mahindra Bank’s interest rate on savings balance up to Rs1 lakh stands reduced by 50 bps points to 4%.
NTPC signed a joint venture deal with East Delhi Municipal Corporation to develop waste management and energy generation facility
Japan stocks were lower after the close on Thursday, as losses in the Finance & Investment, Chemical, Petroleum & Plastic and Shipbuilding sectors led shares lower.The Nikkei 225 declined 0.57%.
China’s Shanghai Composite and the SZSE Component fell 0.2% and 0.6% respectivel
Australia stocks were lower after the close on Thursday, as losses in the IT, Consumer Discretionary and Energy sectors led shares lower.The S&P/ASX 200 fell 0.02%.
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