After two consecutive sessions of sharp fall, domestic key benchmark indices edged higher on Wednesday. The sentiment, however, was fragile as the rupee touched a fresh low, stoking fears of an interest rate hike by the central bank at its next meeting in October.
The Nifty 50 gained 82.40 points and settled the day at 11369.90. FMCG sector were the major gainer and Realty sector were the major losers of the day.
U.S. futures were up slightly on Wednesday, as investors kept an eye on trade war developments between the U.S. and China and waited for the release of Apple’s latest Smartphone.
Swedish retailer IKEA will open its first store in Ukraine next year because of the country’s improved business climate, a senior executive said on a visit to Kiev on Wednesday.
Wipro share prices jumped 0.59 % after the company announced a pact with Duck Creek Technologies to offer a slew of implementation services, related software and data solutions.
A2Z Infra Engineering has been awarded a contract by Nepal Electricity Authority, a Government of Nepal Undertaking for execution of the design, supply, Installation/Erection, Testing and Commissioning of 11/0.4 kV distribution system in Nepal .
Dilip Buildcon (DBL) in consortium with VPR Mining Infrastructure has been awarded the contract of Mine Developer cum Operator (MDO) for the Development and Operation of Pachhwara Central Coal Block located at Rajmahal Coalfield, District Pakur, Jharkhand.
Godrej Agrovet share price rises after the company board members to consider and approve Scheme of Amalgamation of Astec LifeSciences (a subsidiary of the company) with the company and also to discuss on business strategies.
Kalpataru Power Transmission has raised Rs 100 crore by allotment of 1000 NCDs of face value of Rs 10 lakh each on private placement basis.
Philippines stocks were lower after the close on Wednesday, as losses in the Industrials, Banking & Financials and Holding Firms sectors led shares lower. The PSEi Composite lost 0.92% to hit a new 1-month low.
Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Steel and Shipbuilding sectors led shares lower. The Nikkei 225 lost 0.24%.
Taiwan stocks were lower after the close on Wednesday, as losses in the, Electronic Parts/Components and Machinery sectors led shares lower. The Taiwan Weighted fell 0.28%.
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