Sensex, Nifty Give Up Early Gains To End On Flat Note

RTTNews | 845天前
Sensex, Nifty Give Up Early Gains To End On Flat Note

(RTTNews) - Indian shares gave up early gains to end on a flat note Wednesday as investors looked ahead to the release of a slew of U.S. and Chinese data this week for clues to the growth and rate outlook.

Rising oil prices, weak cues from European markets and caution ahead of Thursday's F&O expiry also contributed to profit taking at higher levels.

The benchmark S&P BSE Sensex hit an intraday high of 65,458.70 before closing at 65,087.25, up 11.43 points, or 0.02 percent from its previous close.

The broader NSE Nifty index settled 4.80 points, or 0.02 percent, higher at 19,347.45 after having hit a high of 19,452.80 earlier in the session.

Jio Financial Services rallied 5 percent to extend gains from the previous session while Mahindra & Mahindra, Eicher Motor, Maruti Suzuki India and Tata Steel rose 1-2 percent.

On the flip side, SBI, Dr Reddy's Laboratories, Hero MotoCorp, BPCL and Power Grid Corp all ended down over 1 percent.

The dollar traded weak in European trade and gold was little changed, while oil prices advanced on data showing a large U.S. stockpile draw and amid concerns over the Hurricane Idalia, which crawled towards Florida's Gulf Coast.

read more
Australian Market Sharply Extends Early Gains In Mid-market

Australian Market Sharply Extends Early Gains In Mid-market

The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.
RTTNews | 2小時34分鐘前
Indian Shares Look Headed For Another Positive Start

Indian Shares Look Headed For Another Positive Start

It's likely to be a firm start for Indian shares on Tuesday with investors set to track positive cues from Wall Street and Asian markets. A drop in oil prices is also likely to aid sentiment.
RTTNews | 2小時42分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.
RTTNews | 2小時46分鐘前
Hong Kong Stock Market Tipped To Open In The Green

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 4小時43分鐘前
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.
RTTNews | 4小時49分鐘前
Win Streak May Continue For China Stock Market

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 4小時58分鐘前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.
RTTNews | 5小時8分鐘前