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Indian equity benchmarks struggled to hold gains, fluctuating between gains and losses to trade little changed. The NSE Nifty 50 traded 0.03% lower at 24,324.70 after moving between 24,300.70 and 24,423.35 intraday. The BSEÂ Sensex fell 0.11% to 77,869.06 after touching an intraday high of 78,339.24 and a low of 77,798.28.
Elsewhere in Asia, Japan’s Nikkei 225 crossed the 62,000 mark for the first time on Thursday as markets across Asia-Pacific extended gains. The rally came even as Trump threatened tougher military action against Tehran if it failed to reach a peace agreement, while reports indicated the two sides were moving closer to a deal aimed at ending the conflict. Australia’s S&P/ASX 200 gained more than 1%, while South Korea’s Kospi advanced 1.17%. The smaller Kosdaq index fell 0.4%. Hong Kong’s Hang Seng index futures traded at 26,423, compared with the benchmark index’s previous close of 26,213.78.
Meanwhile, Brent crude futures for July rose 0.91% to $102.19 a barrel, while the U.S. West Texas Intermediate futures for June gained 1.23% to $96.25 per barrel.
Companies including ACME Solar Holdings, Bharat Forge, Biocon, Dabur India, Lupin, MRF, Pidilite Industries, Sonata Software, Thermax, V-Mart Retail and Westlife Foodworld are scheduled to report earnings today.
