Indian stock indexes opened higher on Monday morning, helped by positive indexes from Asian peers and hopes of solid results for the June quarter, as the Sensex gained 330 points in early trades to trade at 52,900 levels while the Nifty50 hovered around the 15,850 mark, up 92 points.
Banking giant HDFC is one of 49 companies expected to release quarterly results today.
Asian stocks traded positively on Monday as concerns about China’s regulatory crackdown eased and shares of Afterpay Ltd rose. All major indexes in the region are trading green with substantial profits.
Wall Street stock indexes closed lower on Friday amid a drop in Amazon shares after the company released its quarterly results. The S&P 500 fell 0.5%, while the tech-rich Nasdaq Composite slipped 0.7% to 14,672.68. The Dow Jones Industrial Average plunged 0.4%.
Amazon slipped nearly 7.6% after reporting its first quarterly shortfall in three years, while Pinterest fell another 18.2%, after saying it lost monthly users in the three months ending June 30.
London’s FTSE 100 fell on Friday as mining and travel stocks dragged the index as concerns over rising coronavirus infections loomed large again. The blue chip index closed around 46 points, or 0.6%, at 7,032, after a session peak of 7,078 and a low of 6,996.
Shares of International Consolidated Airlines fell on the index and ended down 7.5%, while shares of Intertek fell the most to nearly 8%.
The index ended the week slightly higher, but fell 1.3 percent in July, ending a five-month winning streak.
The FTSE 250 mid-cap index fell 0.4%, slipping from records reached earlier in the week, but ended the month up 2.5%.
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Source: www.independent.co.uk
This notice was published: 2021-08-02 04:27:26
