Financial, auto stocks lift Indian shares; Infosys top boost

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Indian shares rose on Wednesday, extending a rally from the previous session, as Infosys led gains in the heavyweight information technology sector, while auto stocks snapped a five-day losing streak.

A broker trades on his computer terminal at a stock brokerage firm in Mumbai, January 20, 2016. REUTERS/Shailesh Andrade/Files

“Expectation of liquidity ballooning is keeping markets higher ... there is no reversal of equity funds flow,” said Nirali Shah, head of equity research at Samco Securities in Mumbai. Sentiment also got a lift as broader Asian markets bounced back from a two-month low after bond yields fell and concerns over inflation eased.The Nifty IT index was up 1.06%. Software services provider Infosys Ltd was the top boost to the Nifty 50, gaining 1%.

State-owned lender Bank of Baroda Ltd rose as much as 2%. The company will look for an investor in its credit card business and consider a potential listing for its insurance joint venture, its chief executive told Reuters on Tuesday.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Couple of months ago I came across a recommendation about DennisWilliam56 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

Please be voice to stop the ongoing TigrayGenocide Ethiopia. Every single minute takes a life of innocent civilians.

I have every reason to be happy because at least I'm trading with the right account manager Alexander7964 he is a nice man he made my life great

wow

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen