After remained volatile in the first half on August 8, the bulls took the charge in the second half and help Nifty to close above 11,000 after media reports suggested that the government is likely to roll-back recently impose a higher tax on foreign portfolio investors (FPIs). At close, the Sensex was up 636.86 points at 37,327.36, and the Nifty was up 177 points at 11,032.50. All the sectoral indices ended higher led by the IT, auto, bank energy, FMCG, metal, pharma and infra.
Salesforce signed a definitive agreement to acquire Israeli software developer Click Software for $1.35 billion in cash and shares. European shares rose for a second day on Thursday, as investors took heart from a stronger than-expected rebound in Chinese exports and steadying of the yuan currency after a week of turmoil centered around a renewed escalation of U.S.-China trade tensions.STOXX 600 index (STOXX) was up 0.8%.
Lupin announced the completion of the United States Food and Drug Administration (USFDA) inspection carried out at its Nagpur oral solid manufacturing facility.
Bharti Airtel clarified that company keeps on evaluating various opportunities of restructurings, alliances/acquisitions and other similar avenues as and when available according to its requirements.
Bosch – With a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory, it is proposed to suspend all manufacturing operations at the company’s plants.
Wipro awarded five-year strategic IT Contract by ADM Aeroports de Montreal.
Lusaka High Court Judge Anessi Banda-Bobo dismissed application by Vedanta Resources to stay liquidation of Konkola Copper Mines, state-owned ZNBC radio reports, citing court judgment, as per media reports.
Asian shares were trying to piece together a rally on Thursday as Beijing reported surprisingly solid trade numbers while also limiting the fall in its yuan, offering a brief respite from fears of a global currency war.
Japan stocks were higher after the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.The Nikkei 225 added 0.37%.
Australia stocks were higher after the close on Thursday, as gains in the Gold, Metals & Mining and Telecoms Services sectors led shares higher.The S&P/ASX 200 added 0.75%
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