Key equity indices declined on Tuesday, as investors locked profits after seven-day rising streak. Sensex ended 53.73 points or 0.13% at 40248.23 in the red, and the Nifty closed 24.10 points lower at 11917.20. About 996 shares have advanced, 1448 shares declined, and 178 shares are unchanged.
Bajaj Finance, YES Bank and Bharti Airtel are the top gainers while Zee Entertainment and IndusInd Bank dragged.
Samsung Electronics will shut down a CPU research division at one of its U.S. facilities, a move that dimmed prospects for the tech giant’s Exynos-branded mobile chips. European shares fell slightly a day after hitting their highest levels since 2015, with a sales warning from Danish jewelry maker Pandora and a glum forecast from wind energy company Siemens Gamesa weighing on the benchmark index.European STOXX 600 index fell 0.03%.
Biocon’s Biologics drug products facility in Bengaluru receives EIR from USFDA.
Mahindra & Mahindra Ltd. part of the $20.7bn Mahindra Group, announced on Monday the proactive inspection & replacement of suspension component, on a limited batch of XUV300 vehicles manufactured till May 19, 2019.
Shares of Bharat Forge rose 5% in afternoon trade after an increase in North America Class 8 truck sales was reported in October 2019.
Zydus Cadila has received the ﬁnal approval from the USFDA to market Cisatracurium Besylate Injection USP 10 mg (base)/5 mL (2 mg/mL) and 200 mg (base)/20 mL (10 mg/mL) Single-Dose Vials ((Preservative—free) (US RLD- Nimbex).
SRF board approved capex of Rs40cr to expand the capacity for production of a high-volume speciality product that finds application in agro, pharma and other speciality industries.
Torrent Pharma clarified that promoters have not pledged any equity shares they hold in the company for any purpose.
Japan stocks were higher after the close on Tuesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.The Nikkei 225 added 1.76% to hit a new 52-week high.
Australia stocks were higher after the close on Tuesday, as gains in the Energy, Healthcare and Resources sectors led shares higher.The S&P/ASX 200 gained 0.15%.
Hong Kong’s Hang Seng Index climbed 0.4% even after data showed the city’s business outlook continued to drop in October amid political unrest.
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