BC preparing for today's throne speech in Victoria
McDonald's launches long-awaited home delivery trial in UK
Bank of England chief downplays chance of interest rate hike
Teaching quality assessment ranks United Kingdom universities
Altice USA prices initial public offering at $30
Indian equities slip as global cues spook investors
18 June 2017, 12:52 | Cesar Cruz
Brokers said investors were seen holding their bets awaiting the outcome of the RBI's bi-monthly Monetary Policy Committee meet
The Sensex is trading at 31,256.94 points up by 66.38 points or 0.21 per cent.
Indian equity benchmarks gained on demand for metal stocks after broking firm CLSA upgraded its outlook on the sector; declining technology, energy shares helped arrest early volatility. BSE Mid-cap Index closed up 33.75 points or 0.23% at 14834.42 points while, BSE Small-cap Index closed up 46.69 points 0.30% at 15472.55 points.
The RBI kept the repo rate unchanged at 6.25 percent and cut SLR by 50 basis points to 20 percent.
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade. Later on profit booking, it slipped to touch a low 31,172.98 before ending 80.72 points, or 0.26 %, higher at 31,271.28. However, these were offset by losses in technology, energy and selecting banking shares. "Investors can continue to accumulate good stocks on every dip, as the underlying sentiments remain positive", Manglik added.
Indian shares may open a tad lower on Thursday as investors await the United Kingdom election, the European Central Bank policy meeting and former FBI Director James Comey's congressional testimony - all scheduled for today. Bharat Forge was the biggest gainer, the stock rose by 3.78 per cent and ended the session at Rs 1,210.30.
Pharma stocks rallied, with Aurobindo Pharma, Cipla, Sun Pharma and Dr Reddy's Laboratories climbing 2-4 percent.
The Dow and the S&P 500 rose about 0.2 percent while the tech-heavy Nasdaq Composite gained 0.4 percent. Gas utility GAIL fell as much as 4.3 percent, oil refiner International Olympic Committee dropped 2.1 percent and automaker Hero MotoCorp declined 1.5 percent.
Indian benchmark indices closed in the red after digesting RBI's policy rate action and growth outlook cut yesterday and ahead of the United Kingdom elections, the European Central Bank's policy meeting and ex-FBI Director James Comey's congressional testimony.
First Aust gun amnesty since Port Arthur
It's Australia's first gun amnesty in 21 years - and the last one led to a sea change in Australia's relationship with firearms. In an earlier statement, he said "We are living in a time when our national security environment has deteriorated".
Nadal: 10th Roland Garros win is 'indescribable'
Rafael Nadal captured his 10th French Open title when he overwhelmed Stan Wawrinka 6-2, 6-3, 6-1 on Sunday afternoon. Wawrinka , who lost a grand slam final for the first time, said he had been beaten by a man at the peak of his game.
Canaccord Genuity Downgrades Rating On Alphabet Inc. (GOOGL)
Russell Investments Group Ltd. acquired a new stake in shares of Alphabet during the fourth quarter valued at about $612,676,000. Franklin Parlapiano Turner & Welch LLC bought a new stake in Alphabet during the first quarter worth approximately $108,000.
The wrong kind of US Open history: Top 3 all miss cut
It will be a different kind of moment, without the world's top three, and with the leading 12 having a combined zero major titles. Fowler, who held a one shot advantage overnight, cruised through an error free front nine that included two birdies.