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The Nikkei 225 Stock Average popularly known as Nikkei index, is Japan's most widely watched index of Tokyo Stock Exchange.
The stocks are chosen from 450 most liquid stocks from the six sectors. They are technology, banking & financial, industrial materials, consumer goods, capital goods and transport & utilities. In calculating the Nikkei 225, all stocks are assumed to have a face value of 50 yen.
After opening the day marginally higher, share markets in India have continued to remain strong and are trading above the dotted line. Sectoral indices are trading on a mixed note with stocks in the telecom sector.
Tata Consultancy Services (TCS) has declared results for the quarter ended June 2016. The company has reported a 3% QoQ increase in consolidated sales while the consolidated net profit was up 0.3% QoQ.
Tata Motors Ltd has reported a 19% YoY and 202% YoY growth in sales and net profits for the quarter ended March 2016.
Idea Cellular has reported a 12.4% YoY growth in the topline and a decrease of 0.4% YoY in the bottomline for the quarter ended March 2016.
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