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INDIAN EQUITY BENCHMARK
fell on Friday tracking
declines in Asian peers as a stronger dollar weighed on
crude oil prices, hurting investor risk appetite. The S&P BSE
Sensex and CNX Nifty fell 0.19%-0.07% each.
Career Point surged 6.92%, after the company received Rs
35 crore in its wholly owned subsidiary Career Point Infra
from Career Point University, Kota towards assets sale
transaction.
Praj Industries dropped 5.35%, after consolidated net profit
fell 39.32% to Rs3.04 crore on 1.79% fall in income from
operations to Rs205.79 crore in Q2 September 2016 over Q2
September 2015.
GLOBAL FACE
Asian stocks ended mixed as string of mixed corporate
earnings and a drop in oil prices clouded the outlook for the
global economy. However, sentiment was supported by the
European Central Bank’s indication that its ongoing QE plan
may extend beyond the scheduled end date of March 2017.
European shares inched higher on Friday, buoyed by a $47
billion tobacco buyout plan and some well-received earning
updates from companies including Europe's largest software
maker SAP.
U.S. stock index futures poised for a higher opening at the
Wall Street on Friday
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