MARKETS LIVE: Sensex, Nifty trade sideways; IT stocks under pressure

MARKETS LIVE: Sensex, Nifty trade sideways; IT stocks under pressure

Indian indices are trading higher after a flat opening on Thursday. At 10:40 AM, the BSE Sensex had gained 121 points, or 0.31 per cent, to trade at 39,153, with YES Bank, Bharti Airtel, Powergrid, Bajja Finance, and HDFC Bank among the top gainers.
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Britain's Lloyds Bank posts robust first-quarter profits despite Brexit fears

LONDON (Reuters) – Britain’s biggest mortgage lender Lloyds Banking Group has posted robust first quarter profits against a backdrop of cooling house prices and dwindling confidence among its business borrowers. Lloyds reported an after tax profit of 1.2 …
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McDonald's launches vegan burger in Germany, not joining Burger King on the meatless bandwagon

McDonald’s is weighing whether to jump on the plant-based bandwagon, as Burger King prepares to roll out meatless Whoppers in the United States. “Our menu teams are clearly paying close attention to it,” McDonald’s CEO Steve Easterbrook said. “The key …
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Volkswagen's 1st quarter profit slips on legal risks

FRANKFURT, Germany — German automaker Volkswagen saw profit slip in the first quarter as the company set aside 1 billion euros for legal issues but the company saw stronger profit margins and better results from its ore brand. After-tax profit fell to 3.05 …
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Amazon launches its first Arabic website in UAE

Amazon has launched its first officially branded Arabic website in the United Arab Emirates, and is set to expand in the Middle East. Visitors to Souq.com are now redirected to an entirely new website, Amazon.ae. Souq, which was bought by Amazon in 2017, …
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