• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance

Indian Indices End Flat; IT Sector Ends 4.8% Higher

By Kurt Osterberg · On April 20, 2018

After opening their day on a negative note, Indian share markets witnessed choppy trades and ended their session on a flat note. Barring the IT sector, most of the sectoral indices ended the day lower with realty sector and banking sector witnessing maximum selling pressure.

At the closing bell, the BSE Sensex stood lower by 12 points and the NSE Nifty closed flat. The BSE Mid Cap index ended the day down by 0.4%, while the BSE Small Cap index stood flat.

Asian stock markets finished on a negative note as of the most recent closing prices. The Hang Seng was down 0.9% and the Nikkei was trading up by 0.1%. The Shanghai Composite stood down by 1.5%.

The rupee was trading at 66.04 to the US$ at the time of writing.

TCS share price witnessed buying interest today as the company reported a 4.5% year-on-year (yoy) rise in consolidated net profit at Rs 69 billion for the March quarter. The IT services, consulting and business solutions firm had reported Rs 66.1 billion profit in the same quarter last year. It had reported negative profit growth in the previous three quarters of the financial year.

Eveready Industries share price witnessed selling pressure today after the Competition Commission of India (CCI) imposed a fine of Rs 2.15 billion on Eveready, Indo National, industry grouping AIDCM and their officials for cartelisation in the pricing of zinc-carbon dry cell batteries.

As per the news, the meeting is likely to boost compliance with the production pact and even discuss how they would like crude near US$ 100.In the news from commodities space, market participants are closely tracking oil prices ahead of the outcome of a Joint Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC ministerial monitoring committee (JMMC) meeting.

How this pans out remains to be seen. We will keep you updated on all the developments from this space.

Print Friendly, PDF & Email

Share Tweet

Kurt Osterberg

You Might Also Like

  • Finance

    How To Earn A 10% Yield On Cost From PepsiCo Dividends

  • Finance

    Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

  • Finance

    How To Trade Options

Top Finance

  • Samsung Galaxy Note 9 Review Samsung Galaxy Note 9 Review
  • Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates
  • Hey, Sand Hill Exchange. Shouting 'blockchain!' won't stop the Feds Hey, Sand Hill Exchange. Shouting ‘blockchain!’ won’t stop the Feds
  • Nike's Kaepernick Ad Has Cost The Company Over $3 Billion So Far Nike’s Kaepernick Ad Has Cost The Company Over $3 Billion So Far
  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce

New Posts

  • How To Earn A 10% Yield On Cost From PepsiCo Dividends

    How To Earn A 10% Yield On Cost From PepsiCo Dividends

    October 21, 2018
  • Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

    Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

    October 21, 2018
  • How To Trade Options

    How To Trade Options

    October 21, 2018
  • Adding To Merkel’s Woes: SPD’s Collapse In Germany, Greens The New Left Darlings

    Adding To Merkel’s Woes: SPD’s Collapse In Germany, Greens The New Left Darlings

    October 20, 2018
  • Self Sufficiency Over Adversity

    Self Sufficiency Over Adversity

    October 20, 2018
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018 NJCEE. All Rights Reserved.