Sensex, Nifty Snap Three-day Losing Streak

RTTNews | 4天前
Sensex, Nifty Snap Three-day Losing Streak

(RTTNews) - Indian shares rallied on Friday as concerns eased over a possible U.S. involvement in the Israel-Iran conflict.

According to the U.S. Senate Intelligence Committee Chair, President Donald Trump said that he would give Iran the last chance to make a deal to end its nuclear program and delay his final decision on launching strikes for up to two weeks.

Oil prices fell from recent highs after Trump mentioned that negotiations could be held to ease tensions in the Middle East.

Trump's decision helped ease tensions for the time being but raised the risk of a broader regional war, analysts said.

A wider Middle East conflict with impact on Saudi Arabia, Iraq, Kuwait and UAE oil supplies can lead to a sharp spike in oil prices.

The benchmark S&P/BSE Sensex jumped 1,046.30 points, or 1.29 percent, to 82,408.17, snapping a three-day losing streak.

The broader NSE Nifty index closed up 319.15 points, or 1.29 percent, at 25,112.40, buoyed by easing oil prices and net buying by FIIs in the cash market during the last three sessions.

The BSE mid-cap and small-cap indexes rose 1.2 percent and 0.6 percent, respectively.

The market breadth was strong on the BSE, with 2,468 shares rising while 1,480 shares declined and 146 shares closed unchanged.

Among the top gainers, HDFC Bank, Eternal, NTPC, Nestle India, Reliance Industries, Power Grid Corp, Mahindra & Mahindra and Bharti Airtel climbed 2-3 percent.

read more
Australian Market Slips To Slight Loss In Mid-market

Australian Market Slips To Slight Loss In Mid-market

The Australian stock market is slipping to a slight loss in mid-market moves on Wednesday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to 8,550 level, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
RTTNews | 1小時8分鐘前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as traders in the region cheered the news of a ceasefire between warring Israel and Iran is now in effect. While both sides have accused each other of violating the ceasefire, traders appeared to remain optimistic about easing tensions in the Middle East.
RTTNews | 1小時12分鐘前
Sensex, Nifty Set For Positive Open

Sensex, Nifty Set For Positive Open

Indian shares look set to open on a positive note Wednesday after oil prices plummeted for a second straight day in the wake of comments from U.S. President Donald Trump that China can continue buying Iranian oil and that he hopes the country will also be purchasing "plenty" from the U.S.
RTTNews | 1小時49分鐘前
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market on Tuesday ended the eight-day losing streak in which it had stumbled more than 80 points or 7 percent. The Stock Exchange of Thailand now sits just above the 1,100-point plateau and it's expected to extend those gains on Wednesday.
RTTNews | 2小時16分鐘前
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 38,800 level, with weakness in index heavyweights, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 2小時38分鐘前
Indonesia Stock Market Tipped To Open In The Green On Wednesday

Indonesia Stock Market Tipped To Open In The Green On Wednesday

The Indonesia stock market on Tuesday ended the four-day losing streak in which it had dropped more than 370 points or 5 percent. The Jakarta Composite Index now sits just shy of the 6,870-point plateau and it's expected to see continued strength on Wednesday.
RTTNews | 2小時46分鐘前
Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

The Hong Kong stock market has finished higher in three straight sessions, climbing more than 930 points or 3.9 percent along the way. The Hang Seng Index now sits just above the 24,175-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 3小時1分鐘前
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 8,550 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 3小時14分鐘前