Sensex, Nifty Open Higher On Strong US Jobs Data

RTTNews | hace 3
Stocktwits
Sensex, Nifty Open Higher On Strong US Jobs Data

(RTTNews) - Indian shares traded higher on Monday, with underlying sentiment supported by firm cues from global markets after the release of better-than-expected monthly jobs report from the U.S.

The benchmark S&P BSE Sensex was up 308 points, or 0.4 percent, at 82,496 in early trade, with financials and IT stocks leading the surge.

The broader NSE Nifty index edged up by 90 points, or 0.40 percent, to 25,093.

Infosys climbed more than 1 percent after an announcement that the Director General of GST Intelligence (DGGI) has closed pre-show cause notice proceedings against the company for FY 2018-19 to FY 2021-22, involving Rs 32,403 crore in GST claims.

HCL Technologies, Tata Motors, Axis Bank, Bajaj Finance and Kotak Mahindra Bank were up 1-3 percent.

IndusInd Bank was up 0.6 percent. Capital markets regulator SEBI has issued a corrigendum to its interim order in the insider trading case involving the lender.

Reliance Infrastructure jumped 2.7 percent on reports it would focus on aircraft upgrade programs in the coming years.

LIC gained 1 percent as Sat Pal Bhanoo took interim charge as the CEO and MD of LIC for a three-month term starting Sunday.

Suzlon Energy gained 1.7 percent despite reports that promoters of the company are likely to sell 20 crore shares through block deals next week.

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European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
RTTNews | hace 1h 27min
Sensex, Nifty Subdued In Cautious Trade

Sensex, Nifty Subdued In Cautious Trade

Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
RTTNews | hace 1h 44min
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
RTTNews | hace 2h 7min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
RTTNews | hace 2h 58min
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

Indian shares look set to open lower on Thursday as oil prices climbed on signs of rising tensions in the Middle East and U.S. President Donald Trump said he would notify trading partners within the next one to two weeks about the new unilateral tariff rates, with the choice to accept or reject them.
RTTNews | hace 3h 36min
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
RTTNews | hace 4h 9min
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