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Asian markets were mixed as investors headed towards the end of a tumultuous quarter that has seen heavy losses around the world Photo: Mint
- Mumbai: Markets Asian investors were mixed as investors headed towards the end of a tumultuous quarter that has seen significant losses globally, due to escalating trade tensions between the United States and China. NSE's Nifty 50 after two sessions of losses Oil prices have fallen as a result of worries over trade frictions between the United States and other major economies, although market conditions remain difficult due to the turmoil in the US. supply and demand generally high. [19659003] 8:55 am IST Opening bell: clues to watch before negotiations ■ Asian markets began to decline as lingering worries about the global trade war continued to weigh on the feelings. higher with the S & P 500 up 0.6% to 2,716. ■ The Indian Regulatory and Insurance Development Authority is expected to approve Life Insurance Corp.'s proposal. of India Ltd to take a substantial stake in IDBI Bank Ltd., paving the way for capital injection. , reports Business Standard . ■ HDFC Asset Management Co. Ltd., a division of HDFC Ltd., has received approval from the Securities and Exchange Board of India to issue an initial public offering. ■ Reliance Infrastructure Ltd stated that the Electricity Regulatory Commission of Maharashtra (MERC) has approved the sale of its Mumbai energy business to Adani Transmission Ltd for an estimated value of 18,800 crores. ■ Exide Industries Ltd signed an agreement to form a joint venture with the Swiss company Leclanche SA to manufacture lithium-ion batteries in India for electric vehicles. ■ The government should spend 2,000 to 2,500 crore rupees on my ads in the run-up to the 2019 general election, compared to the crore of Rs1,286 that it had spent in 2016-2017 on ads , reports Mint . (R. Sree Ram / Mint)
First published: Fri 29 Jun 2018. 08 57 AM IST
