Election Result 2019: Early Trends Show BJP Well Ahead Counting so far has shown Modi’s BJP and its partners are continuing to expand the lead over opponents. Modi himself is leading at his Varanasi seat in Uttar Pradesh, reports Bloomberg News, while Rahul Gandhi is leading at both Wayanad and Amethi. The ruling alliance is ahead in over 325 seats while the main opposition Congress.
The Nifty 50 traded near 10,900. Asian stocks began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth. US equity futures edged up with stocks in Japan and Australia, while shares slipped in Shanghai and Hong Kong. Oil prices climbed after US drilling activity fell to its lowest level in about two months.
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Gold Silver Reports (GSR) – Reliance Naval And Engineering Falls After Anil Ambani Resigns – Shares of the Mumbai-based defence equipment maker fell as much as 5 percent to Rs 15.35 after its director Anil Ambani resigned from the company on Aug. 25.
Gold Silver Reports – Live Stock Market News – Equities in Tokyo and Seoul advanced after the S&P 500 Index hit an all-time high, with the two sides agreeing to suspend new tariffs while negotiating over trade.
Asian stocks climbed, tracking gains in U.S. shares, after U.S. President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker aimed at averting a transatlantic trade war. The yen climbed and the dollar retreated.
Gold Silver Reports (GSR) – Equities in Japan, South Korea and Australia rose after the S&P 500 Index climbed for a third day toward the upper end of its trading range.
Stocks in Asia extended recent gains from a nine-month low, and followed U.S. shares higher, amid optimism the upcoming earnings season will be sufficiently robust to overshadow a rise in trade tensions.