Key benchmark indices provisionally ended on a flat note after gyrating in positive and negative zone in intraday trade.The market breadth, indicating the overall health of the market, was negative. The Nifty 50 gained 1.55 points and settled at 11343.25. Realty sector were major gainer and IT sector were major loser of the day. On the macro front, the annual rate of inflation, based on monthly WPI, stood at 2.93% (provisional) for the month of February 2019 (over February 2018) as compared to 2.76% (provisional) for the previous month.
Volkswagen’s Czech unit Skoda Auto saw global deliveries drop 2% to 90,900 cars year-on-year in February, mainly due to depressed Chinese market.
European shares hit a five month high in morning trading on Thursday after the British parliament voted to reject a disorderly Brexit. European STOXX 600 was up 0.3%.
Infosys announced that it will be opening a new Digital Innovation Center in Bucharest, Romania at an event attended by local government officials and university representatives.
NIIT has entered into a managed learning services agreement with Signify (formally Philips Lightening) for the delivery of strategic sourcing and vendor management services.
Star Cement rose 5.49% after the company said it received Rs 115.18 crore towards its freight subsidy claims from the Central Government.
Voltas has launched its new Brand Shop – Shalimar Marketing, in Jalandhar’s premier shopping area.
Reliance Infra signs agreement with Cube Highways.
Zydus Cadila has received the tentative approval from the USFDA to market Sitagliptin and Metformin Hydrochloride Extended-Release Tablets.
HCL Technologies is trading nearly 2% down after acquisition of US firm to boost digital business.
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