Domestic bourses ended the session with mixed sentiments.Though volatility ruled the roost in afternoon trade as indices erased intraday gains and sink into negative zone. IT sectors ended in negative note as rupee firmed against the dollar. Nifty closed at.
PSU Banks were the major gainers of the day while IT stocks were the major losers of the day.
Global Markets Update
European shares edged higher on Tuesday, with trading muted as investors awaited the latest inflation figures from the United States.
Shares in TP ICAP PLC fell in early trade on Tuesday after the company said that 2017 pretax profit declined.The interdealer broker made a profit of 72 million pounds ($99.9 million) compared with GBP167 million the previous year.
Infosys on Tuesday said that it is planning to delist its ADS (its American Depository Shares) from the Euronext Paris and Euronext London exchanges
State Bank of India (SBI) has diminish charges for the non-maintenance of Average Monthly Balance (AMB) in savings accounts, effective April 01, 2018.
On Monday, Power Grid Corporation of India has entered into a term loan facility agreement for Rs 5000 crore with State Bank of India on 12 March 2018 for meeting capital expenditure.
On Tuesday, the IPO of Bharat Dynamics opened on Tuesday with a price band of 413-428 per share.
Bharti Airtel approved a plan to rise about Rs 16500 crore through debt, to help refinance loans and pay for spectrum which boosts the telco sectors almost 5%.
TCS Fall down by nearly 6 percent following reports that Tata sons is planning to increase around 8200 crore Rs by the selling stake in IT majorly.
Philippines stocks were lower after the close on Tuesday, as losses in the Mining & Oil; Banking & Financials and Property sectors led shares lower.At the close in Philippines, the PSEi Composite lost 0.40%.
Japan stocks were higher after the close on Tuesday, as gains in the Machinery, Food and Construction sectors led shares higher.At the close in Tokyo, and the Nikkei 225 added 2.30%.
Taiwan stocks were higher after the close on Tuesday, as gains in the Semiconductor, Glass and Electronic Parts/Components sectors led shares higher.At the close in Taiwan, the Taiwan Weighted rose 0.85% to hit a new 1-month high.
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