ANI
18 Oct 2019, 16:57 GMT+10
Mumbai (Maharashtra) [India], Oct 18 (ANI): Equity benchmark indices extended morning gains on Friday and ended with gains of 0.6 per cent as global peers slumped after China's GDP growth slipped to a 27-year low of 6 per cent in the third quarter of 2019.
The BSE SP Sensex closed 246 points higher at 39,298 while the Nifty 50 was up 76 points at 11,662.
All sectoral indices at the National Stock Exchange (NSE) were in the positive zone except for Nifty media, which dropped by one per cent. Nifty realty gained by 1.9 per cent, metal by 1.8 per cent and pharma by nearly 1 per cent.
Among stocks, Indiabulls Housing Finance closed with a gain of 17.42 per cent at Rs 231.50 on BSE after the company offered pre-mature redemption of all non-convertible debentures (NCDs) maturing in November and December.
Private lender Yes Bank was up by 8.2 per cent, Coal India by 3.3 per cent, Adani Ports by 3.2 per cent and Maruti by 3.1 per cent. The other prominent gainers were Grasim, Nestle India, Power Grid Corporation, LarsenToubro, Bharat Petroleum Corporation and Titan.
However, those which lost were Zee Entertainment, Tata Motors, Cipla, Eicher Motors and Hindalco.
Meanwhile, Asian stocks tumbled after China's economic growth slowed more than expected to 6 per cent year-on-year in the third quarter of 2019, marking the weakest pace in nearly three decades.
Shanghai Composite fell by 1.3 per cent which Hong Kong's Hang Seng slid by 0.48 per cent and South Korea's Kospi by 0.8 per cent. Japan's Nikkei was up marginally by 0.18 per cent. (ANI)Get a daily dose of Germany Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Germany Sun.
More InformationPARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
China, EU hold 13th round of high-level strategic dialogue At the 13th round of China-EU High-level Strategic Dialogue Wednesday,...
Just one week after the launch of the Antispekula.bg platform and its mobile app, citizens across Bulgaria have begun actively submitting...
The European Commission president has been damaged by the ongoing Pfizergate Covid-19 vaccine scandal Members of the European Parliament...
Denmark has taken over the six-month rotating presidency of the Council of the European Union as questions swirl over Europe's security...
DUBLIN, Ireland: The Irish Nurses and Midwives Organisation (INMO) has warned that there could be a serious trolley crisis this summer...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
DUBLIN, Ireland: The High Court has lifted an anonymity order, allowing Trinity College Dublin and the Pharmaceutical Society of Ireland...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
VILNIUS, Lithuania – A growing body of research suggests that selectively restricting a single nutrient in our diet could have profound...