The market climbed on Friday in line with global stocks as crude prices fell and the rupee extended gains to touch a one-month high. Global shares rose on hopes of a trade agreement between China and the United States. The Sensex ended above the psychologically important 35,000 mark after moving above and below that level in intraday trade. Weakness in IT shares capped gains. The Nifty 50 gained 172.55 points and settled the day at 10553.00. Auto sector were the major gainer and IT sector were the major loser of the day.
U.S. stocks were lower after the close on Friday, as losses in the Technology, Healthcare and Utilities sectors led shares lower. The Dow Jones Industrial Average lost 0.43%, while the S&P 500 index lost 0.63%, and the NASDAQ Composite index fell 1.04%.Uber Technologies Inc has asked Pennsylvania for permission to resume self-driving car testing on public roads and has improved the autonomous vehicle software.
HPCL will shut its crude unit in Mumbai refinery in January-March 2019 for 10 days.
Supreme Court has suggested that Indraprastha Gas takeover the natural gas supply in Gurugram from Haryana City Gas Distribution Ltd.
Network18 Media & Investment has received an approval from National Company Law Tribunal (NCLT), Mumbai Bench for its scheme of merger by absorption
Reliance Industries and its four arms announced an open offer to acquire 2.88cr shares, representing 25.64% of GTPL Hathway at Rs82.65/share aggregating to Rs238.4cr.
The Board of T.V. Today Network has approved the launch of new Current Affairs & News Channel in the name and style of ‘Aaj Tak HD’.
Inox Leisure approved the preferential issue of maximum of 64 lakh equity shares to its promoter, Gujarat Fluorochemicals at Rs241.71/share.
Spain stocks were higher after the close on Friday, as gains in the Financial Services & Real Estate, Building & Construction and Telecoms & IT sectors led shares higher. The IBEX 35 gained 0.47%.
France stocks were mixed after the close on Friday, as gains in the Consumer Services, Technology and Healthcare sectors led shares higher while losses in the Oil & Gas, Industrials and Basic Materials sectors led shares lower.
Italy stocks were higher after the close on Friday, as gains in the Travel & Leisure, Financials and Industrials sectors led shares higher. The Investing.com Italy 40 added 1.14%
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