Sensex, Nifty Little Changed After Four-day Rally; Financials Drag

RTTNews | 1133 days ago
Sensex, Nifty Little Changed After Four-day Rally; Financials Drag

(RTTNews) - Indian shares were moving in a narrow range on Thursday after four consecutive sessions of gains.

The benchmark S&P BSE Sensex recovered from an early slide to trade 0.2 percent higher at 55,511 while the broader NSE Nifty index was up 0.2 percent at 16,560.

IndusInd Bank soared 5 percent after its Q1 profit jumped 64 percent, beating analysts' forecasts.

UPL, Larsen & Toubro, Adani Ports and Hindalco added 1-2 percent.

Financials were coming under selling pressure, with HDFC Life, SBI Life and Kotak Mahindra Bank all falling around 1 percent.

Maruti Suzuki rose 0.7 percent after unveiling its new Grand Vitara SUV.

IT major Wipro gained 1 percent despite reporting a 21 percent year-on-year fall in its consolidated net profit for the June quarter.

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Australian Dollar Rises On Strong Monthly CPI Data

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The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating more than expected to a one-year high in July.
RTTNews | 35 minutes ago
Australia Inflation Accelerates To 1-Year High

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RTTNews | 2h 15min ago
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RTTNews | 2h 50min ago
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The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 3h 39min ago
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
RTTNews | 3h 43min ago
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
RTTNews | 5h 10min ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
RTTNews | 5h 28min ago