Sensex, Nifty Little Changed As IT Stocks Drag

RTTNews | 1110天前
Sensex, Nifty Little Changed As IT Stocks Drag

(RTTNews) - Indian shares were little changed in early trade on Friday, as investors awaited the outcome of a slew of central bank meetings next week for additional clues on the pace of rate hikes.

The benchmark S&P BSE Sensex was up 8 points at 62,580 while the broader NSE Nifty index was up 15 points at 18,625.

IT stocks traded weak, with HCL Technologies plunging more than 5 percent after the company said it expects the revenue growth guidance for financial year 2023 to come at the lower end of its guidance.

Infosys and Tech Mahindra both fell around 1 percent.

Paytm surged 4.4 percent on share buyback news.

Sun Pharma gained 1 percent after falling more than 3 percent in the previous session.

The drug major clarified that it is not revising the revenue guidance for current financial year and also there will be no impact on specialty revenues following an import alert for its Halol facility.

Hindustan Unilever rose about 1 percent after it inked an agreement to buy 19.8 percent shareholding of Nutritionalab for Rs 70 crore.

Lupin edged up slightly after appointing Spiro Gavaris as President of its U.S. generics business.

Jyoti soared 10 percent on winning an order worth Rs. 21.25 crore Navayuga Engineering Company.

Ahluwalia Contracts advanced 1.3 percent on securing a construction order worth Rs 55.39 crore.

read more
Malaysia Shares May Open To The Upside Again On Tuesday

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again 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 | 1小時14分鐘前
Japan Stock Market May Add To Its Winnings On Tuesday

Japan Stock Market May Add To Its Winnings On Tuesday

The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains 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. The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers. For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88. Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.
RTTNews | 1小時29分鐘前
Additional Support Called For South Korea Shares

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings 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 | 1小時44分鐘前
RBA Minutes Due On Tuesday

RBA Minutes Due On Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 2小時14分鐘前
Swiss Markets Ends Marginally Down

Swiss Markets Ends Marginally Down

The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
RTTNews | 5小時49分鐘前