Sensex, Nifty Little Changed On Weak Global Cues; MPC Meeting Eyed

RTTNews | Před 1036 dny
Sensex, Nifty Little Changed On Weak Global Cues; MPC Meeting Eyed

(RTTNews) - Indian shares were little changed on Wednesday, tracking weak global cues and amid caution ahead of the Reserve Bank of India's monetary policy announcement later in the day.

Economists expect a 35-basis point hike in rates and a dovish view on future policy action.

The benchmark S&P BSE Sensex was up 53 points, or 0.1 percent, at 62,680 while the broader NSE Nifty index was up 9 points at 18,652.

HDFC AMC rose over 2 percent on news that its promoter abrdn Investment Management will sell its entire 10.2 percent stake in the mutual fund company.

Siemens jumped 5.6 percent after it emerged as the lowest bidder for the 9000 HP electric locomotives project in Dahod, Gujarat.

IDBI Bank added 1.6 percent after the government said it will allow foreign funds to own over 51 percent stake in the lender.

Jammu & Kashmir Bank gained 1.2 percent after announcing a partnership with Maruti Suzuki India.

Ircon International advanced 1.6 percent on securing an order worth about Rs. 122 crore for signaling and telecommunication system from Sri Lanka Railways.

Among those that fell, Tata Motors, NTPC and HCL Technologies were down around 1 percent each.

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Sensex, Nifty Set For Muted Start

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Indian shares are seen opening flat to slightly lower on Wednesday as investors react to weak cues from global markets and await cues from the upcoming September-quarter earnings season.
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Japanese Market Modestly Higher

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Losing Streak My Continue For Hong Kong Stock Market

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Australian Market Modestly Lower

Australian Market Modestly Lower

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RTTNews | Před 2 h 6 min
Rally May Stall For Taiwan Stock Market

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The Taiwan stock market has moved higher in five consecutive sessions, rallying more than 1,630 points or 6.4 percent along the way. The Taiwan Stock Exchange now sits just above the 27,210-point plateau although it may run out of steam on Wednesday.
RTTNews | Před 2 h 18 min
Proft Taking Expected For Singapore Shares

Proft Taking Expected For Singapore Shares

The Singapore stock market has moved higher in seven straight sessions, adding more than 200 points or 4.8 percent along the way. The Straits Times Index now sits just above the 4,470-point plateau although it's overdue for consolidation on Wednesday.
RTTNews | Před 2 h 48 min