No matching items found
Picture used for illustrative purpose. File
Gulf Today Report
Indian shares recorded surge following Burger King India gaining almost 100% in its market debut.
The blue-chip NSE Nifty 50 index was up 0.25% to 13,548.10 and the benchmark S&P BSE Sensex was up 0.26% to 46,217.30.
Indian shares have recorded gains for six consecutive weeks, aided by the flow of income from foreign institutional investors and optimism for a vaccine-led economic recovery.
Gold eases as COVID-19 vaccine rolls out
Oil prices gain on hope for a vaccine-led economic revival
Impact of COVID-19 on e-commerce discussed
Burger King India traded at nearly double its offering of 60 rupees per share.
The Nifty Bank Index rose 0.63%, while the Nifty Pharma Index was up 0.33%.
Oil and Natural Gas Corporation and Coal India led the gains on the Nifty, soaring by 3.5% and 3.2 %.
According to statistics by the government, industrial production for October increase by 3.6% from a year ago.
The broader NSE Nifty 50 index rose 0.72% to 10,882.15 and the S&P BSE Sensex climbed 0.7% to 36,809 by 0458 GMT, after falling for six straight sessions.
The blue-chip NSE Nifty 50 index closed 0.1% lower at 11,504.95, while the benchmark S&P BSE Sensex, which has fewer pharma components, ended down 0.34% at 38,845.82.
The blue-chip NSE Nifty 50 index closed 1.52% higher at 11,449.25, while the benchmark S&P BSE Sensex closed up 1.69% at 38,840.32. Mukesh Ambani-led Reliance closed 7.1% higher.
The NSE Nifty 50 index fell 0.91% to 13,405.65 by 0439 GMT, while the benchmark S&P BSE Sensex was down 0.81% at 45,729.27.
Fiat Chrysler and Peugeot SA sealed their long-awaited merger on Saturday to create Stellantis, the world’s fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen.
The benchmark KSE-100 index has given a 50 per cent return since March’s crash and experts predict the rally will continue this year (2021).
Customs transactions recorded by Dubai Customs (DC) saw a significant rise of 23 per cent to reach 16 million in 2020, despite the challenging global environment caused by the COVID-19 pandemic.
Pavilions Premiere bookings can be made from Jan.16 at https://expo2020dubai.com/en/pavilions-premiere with each visit costing Dhs25. Visitors are urged to book early as the experience will operate five days per week with limited operating hours...