Brexit trade talks are still stuck on fishing, governance rules and dispute resolution because the European Union is asking too much, British Prime Minister Boris Johnson's Brexit supremo, Michael Gove, said on Tuesday.AstraZeneca said on Tuesday it would sell rights to its cholesterol drug, Crestor, to German pharmaceutical company Grünenthal GmbH for an upfront payment of $320 million.Italy's UniCredit said Chief Executive Jean Pierre Mustier will step down in April next year after clashing with the bank's board over strategy.Malaysia said on Tuesday it had opened an investigation and would take legal action against world's largest glove manufacturer, Top Glove Corp, after finding that the firm did not comply with standards for worker accommodations.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.05 per cent to 91.82.
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.
UltraTech Cement was the top gainer in the Sensex pack, rising about 2.5 per cent, followed by Infosys, Sun Pharma, Bajaj Auto PowerGrid, ICICI Bank and IndusInd Bank.
