Strong results from Micro Focus, and a rally among mining stocks, drove Britain FTSE 100 higher on while Crest Nicholson and mid-cap pub companies suffered sharp losses.
The NSE Nifty rebounded by 39 points to finish at 10,565.30 today following fresh buying in metal, IT, infra, realty, media, FMCG and pharma sectors.
Britain’s top share index declined with other European bourses at the start of the second quarter, but a few stocks such as Sky managed to rise through the session.
A fall in mining stocks put pressure on Britain’s top share index, while British consumer-facing stocks came into sharp focus after Greene King’s shares plunged.
Strong gains among mining stocks and an HSBC-led rally in banks lifted European shares, putting the region's equities on track to end the month unchanged.
UK shares drifted further on Tuesday from last week's record high, weighed down by weakness among mining stocks and ConvaTec (CTEC.L), while British mid caps.
European shares opened flat, weighed by a fall in mining stocks and lifted by a big rise for Ericsson after an activist investor bought a stake in the telcos firm.
Gets 1 Observation For Karkhadi Unit From USFDA
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AU SMALL FINANCE
Temasek Arm to invest rs 1,000 cr in Bank Share, Warrant
INDIABULLS REAL ESTATE
Approves proposal of Buyback of up to 2.6 Cr Equity Shrs
Buyback Size 5.45% of existing paid-up share capital
Maximum Buyback Price proposed at Rs 240/Sh