Sensex, Nifty Reach Fresh Record Highs

RTTNews | il y a 787
Stocktwits
Sensex, Nifty Reach Fresh Record Highs

(RTTNews) - Indian shares posted strong gains on Monday, as signs of a resilient U.S. economy and hopes that the Federal Reserve will taper its hawkish stance outweighed investor disappointment over sluggish PMI data from parts of Asia and Europe.

Closer home, India's manufacturing activity continued to expand strongly in June, thanks to greater demand for India-made products both domestically and internationally, the results of the purchasing managers' survey from S&P Global showed today.

The manufacturing Purchasing Managers' Index, or PMI, dropped to 57.8 in June from 58.7 in May.

Benchmark indexes Sensex and Nifty both settled at record closing highs despite gains in the dollar index and a surge in oil prices.

The S&P/BSE Sensex jumped 486.49 points, or 0.75 percent, to 65,205.05, while the broader NSE Nifty index settled 133.50 points, or 0.7 percent, higher at 19,322.55.

Among the top gainers, Reliance Industries, Bajaj Finance, BPCL, ITC and Grasim rallied 2-3 percent in the Nifty pack.

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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | il y a 18 minutes
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | il y a 27 minutes
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | il y a 33 minutes
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | il y a 48 minutes
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
RTTNews | il y a 1h 18min
Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
RTTNews | il y a 1h 45min
Singapore Stock Market May Add To Its Winnings On Friday

Singapore Stock Market May Add To Its Winnings On Friday

The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
RTTNews | il y a 1h 48min
Japan Industrial Output Sinks 1.6% In July

Japan Industrial Output Sinks 1.6% In July

Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
RTTNews | il y a 1h 50min
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