Sensex, Nifty Recover After Early Slide

RTTNews | vor 868 Tagen
Sensex, Nifty Recover After Early Slide

(RTTNews) - Indian shares recovered from an early slide to end higher on Thursday, tracking an intraday recovery in European markets and a sharp fall in oil prices.

While other Asian markets ended broadly lower on worries about a possible recession and uncertainty about the COVID situation in China, European markets cut early losses to trade on a flat note.

Oil prices fell around 2 percent in European trade as a surge in COVID-10 cases in China, the largest importer of crude in the world, dampened hopes for an improvement in fuel demand.

The benchmark S&P/BSE Sensex ended the session up 223.60 points, or 0.37 percent, at 61,133.88 after trading in the red for most of the session.

Likewise, the broader NSE Nifty index reversed course to settle 68.50 points, or 0.38 percent, higher at 18,191 led by banks, metal and telecom shares amid short-covering owing to the monthly F&O expiry.

The rupee traded slightly higher in the afternoon as a result of a weakening dollar in international markets.

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Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening higher on Friday as India's foreign minister S Jaishankar said that trade talks with the U.S. are still going on and "nothing is decided till everything is".
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Thai Shares May Reclaim 1,200-Point Level

Thai Shares May Reclaim 1,200-Point Level

The Thai stock market has alternated between positive and negative finishes through the last seven trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,195-point plateau and it's expected to open to the upside on Friday.
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Japanese Market Notably Lower

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Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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Win Streak May Continue For Indonesia Bourse

Win Streak May Continue For Indonesia Bourse

The Indonesia stock market has finished higher in three straight sessions, improving more than 210 points or 3.1 percent in that span. The Jakarta Composite Index now rests just above the 7,040-point plateau and it's expected to extend its gains again on Friday.
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Hang Seng Tipped To Open To The Upside On Friday

Hang Seng Tipped To Open To The Upside On Friday

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Australian Market Significantly Higher

Australian Market Significantly Higher

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Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
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Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
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