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Sensex Ends 249 Points Higher After Late Rally; Nifty Gains 74 Points

RTTNews | Před 979 dny

Sensex Ends 249 Points Higher After Late Rally; Nifty Gains 74 Points

(RTTNews) - Indian shares recovered from an early slide to end modestly higher on Tuesday, with gains in rupee and falling oil prices offering some support.

Global cues were mixed as weak Chinese data offset hopes the Federal Reserve would soon slow its interest-rate hikes.

Investors shrugged off data that showed a decline in merchandise exports in some sectors led to a contraction in India's overall outbound shipments by 16.65 percent in October.

The benchmark S&P/BSE Sensex ended the session up 248.84 points, or 0.40 percent, at 61,872.99 while the broader NSE Nifty index rose 74.25 points, or 0.41 percent, to close at 18,403.40.

Hero MotoCorp, Bharti Airtel, ICICI Bank, ONGC and Power Grid Corp all climbed around 2 percent in the Nifty pack, while HDFC Life and Grasim both fell around 1 percent. NDTV shares soared 5 percent after market regulator SEBI paved the way for billionaire Gautam Adani to take control of the media firm.

Greaves Cotton advanced 2.7 percent after the diversified engineering firm posted its highest quarterly revenue in Q2 FY23.

Debutant Fusion MicroFinance ended down over 12 percent discount to its issue price.

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Singapore Stock Market Overdue For Consolidation On Tuesday

Singapore Stock Market Overdue For Consolidation On Tuesday

The Singapore stock market has moved higher in 11 straight sessions, improving more than 185 points or 4.7 percent along the way. The Straits Times Index now rests just beneath the 4,210-point plateau although it's likely to see profit taking on Tuesday.

RTTNews | Před 35 minutami

Mild Rebound Tipped For Malaysia Stock Market

Mild Rebound Tipped For Malaysia Stock Market

The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau although it may bounce higher again on Tuesday.

RTTNews | Před 1 h 5 min

Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

Ahead of Monday's holiday for Marine Day, the Japanese stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had dropped more than 360 points or 0.9 percent. The Nikkei 225 now sits just beneath the 39,820-point plateau although it's likely to tick higher again on Tuesday.

RTTNews | Před 1 h 20 min

KOSPI Likely To Remain Rangebound On Tuesday

KOSPI Likely To Remain Rangebound On Tuesday

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had climbed almost 40 points or 1.2 percent. The KOSPI sits just above the 3,210-point plateau and it's expected to see additional if mild upside on Tuesday.

RTTNews | Před 1 h 35 min

New Zealand Has NZ$142 Million Trade Surplus In June

New Zealand Has NZ$142 Million Trade Surplus In June

New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.

RTTNews | Před 1 h 42 min

RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its July 8 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | Před 2 h 35 min

South Korea Producer Prices Rise 0.1% In June

South Korea Producer Prices Rise 0.1% In June

Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday - after slipping 0.4 percent in May.

RTTNews | Před 3 h 29 min

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Monday.

RTTNews | Před 4 h 8 min

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