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ashok leyland: Worst is over: Ashok Leyland bets on quick bounceback in the second quarter

Ashok Leyland slipped into the red in the April-June first quarter on lower operating leverage due to the loss of volumes on account of the second wave of the Covid-19 pandemic and high input costs. ....

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Japan Nikkei extends gain

Japan shares advanced on Thursday, 24 December 2020, 23 December 2020, as investor sentiments boosted up on the back of yen depreciation against greenback and optimism about a potential Brexit deal.
At closing bell, the 225-issue Nikkei Stock Average advanced 143.56 points, or 0.54%, to 26,668.35. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 9.06 points, or 0.51%, to 1,774.27.
The major exporters were mostly rising on a weaker yen. Canon was higher by more than 1%, meanwhile Panasonic rose almost 1% and Mitsubishi Electric added 0.7%.
Among automakers, Honda gained more than 1% and Toyota was up almost 1%. In the banking sector, Sumitomo Mitsui Financial added more than 2% and Mitsubishi UFJ Financial rose more than 1%. ....

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