Indian share markets continued to trade just above the dotted line in the afternoon session in a lackluster day of trading. At the closing bell, the BSE Sensex closed higher by 33 points and the NSE Nifty finished up 11 points. The S&P BSE Mid Cap finished down by 0.4% while & S&P BSE Small Cap too finished down by 0.4%. Oil & Gas sector, bank sector and healthcare sector finished in green while power stocks and realty stocks witnessed selling pressure.

Asian stock markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.91% and the Shanghai Composite rose 0.10%. The Nikkei 225 lost 0.05%. European markets are higher today with shares in London leading the region. The FTSE 100 is up 0.63% while Germany’s DAX is up 0.59% and France’s CAC 40 is up 0.44%.

The rupee was trading at Rs 64.11 against the US$ in the afternoon session. Oil prices were trading at US$ 47.72 at the time of writing.

HCL Infosystems share price surged 9.6% in today’s trade after it was reported that the company will distribute Apple products, including the iconic iPhone, in the Indian market. The company has signed an agreement for distribution of iPhone and other Apple products with Apple India. Earlier in July, the company had said that it was in discussions with the US-based tech giant to distribute its products in India.

Meanwhile, software stocks recovered in today’s trade with Tech Mahindra share price and Wipro share price leading the board.

In news from economy, Foreign direct investment (FDI) in India zoomed 37% during the first quarter (April-June) of fiscal year 2017-18 to touch $10.4 billion. As per the data released by the Department of Industrial Policy and Promotion (DIPP), the country had attracted FDI of US$7.59 billion during same quarter previous year.

Print Friendly, PDF & Email