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Sensex, Nifty End Higher For Third Day
(RTTNews) - Indian shares rose modestly on Tuesday to extend gains for a third straight session despite weak cues from Asia and Europe.
Renewed risk aversion gripped world markets and the dollar strengthened, as weak economic data from China, Eurozone and the U.K. revived concerns about slowing global growth.
The benchmark S&P BSE Sensex ended the session up 152.12 points, or 0.23 percent, at 65,780.26 after a survey showed India's service sector activity logged a further sharp expansion in August amid a series-record increase in new export business.
The broader NSE Nifty index settled 46.10 points, or 0.24 percent, at 19,574.90 while mid-cap and small-cap index hit fresh record highs.
ITC, BPCL, Sun Pharma, Coal India and Apollo Hospitals Enterprise climbed 2-3 percent in the Nifty pack while Maruti Suzuki India, SBILife, Dr Reddy's Laboratories and UltraTech Cement all rose over 1 percent.
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Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.
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1h 4min atrás
Higher Open Called For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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1h 24min atrás
Singapore Bourse May Extend Monday's Gains
The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.
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1h 54min atrás
Malaysia Shares May Open To The Upside Again On Tuesday
The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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2h 24min atrás
Japan Stock Market May Add To Its Winnings On Tuesday
The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers.
For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88.
Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.
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2h 39min atrás
Additional Support Called For South Korea Shares
The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews
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2h 54min atrás
RBA Minutes Due On Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
RTTNews
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3h 24min atrás
Swiss Markets Ends Marginally Down
The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
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6h 58min atrás
