Wall Street’s main indexes edged lower as declines in healthcare and energy stocks paused a rally that had driven the Dow to its fastest ever 1,000 point gain.
US stocks rose with a broad-based rally across sectors as speculation over China halting US bond purchases eased and investors focused on quarterly earnings reports.
European shares opened slightly lower, with most sectors except financials in the red as concerns grow over the direction of the bond market.
The benchmark Sensex rose by 162 points to end at three-week high of 31,892.23 on buying in auto, pharma and energy stocks despite a weak economic growth data for Q2.
European shares broke their three-day winning streak as banks fell following a set of cautious minutes from the U.S. Federal Reserve, and energy stocks also weighed.
Basic resources and energy stocks helped European benchmarks build on the previous week's robust gains, as commodity prices climbed.
US stocks opened little changed as gains in energy stocks offset losses in technology.
The FTSE 100 held firm as a rise among financials and energy stocks lent support, though a plunge in Carillion's shares after a profit warning weighed on mid-caps.
World stocks were poised to eke out slim gains for the week as a tentative recovery in oil prices spurred investors to hunt for bargains in the beaten-down energy sector.
European shares steadied in opening deals, helped by a rise in energy stocks prompted by growing tensions in the Middle East, while public holidays reduced activity.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM