Sensex, Nifty Rise As Bond Yields Retreat

RTTNews | 735 days ago
Sensex, Nifty Rise As Bond Yields Retreat

(RTTNews) - Indian shares were notably higher in early trade on Thursday as global bond yields pulled back further off recent highs on the back of a round of soft surveys on manufacturing.

Also helping boost investor sentiment, Nvidia, the world's most valuable chipmaker, beat estimates for its fiscal second quarter and issued optimistic guidance for the current period.

The benchmark S&P BSE Sensex was up 390 points, or 0.6 percent, at 65,821 while the broader NSE Nifty index was up 116 points, or 0.60 percent, at 19,560.

Adani Enterprises rallied 2.3 percent and Adani Ports advanced 1.6 percent after the Group posted record profit in the quarter ended June on the back of its infrastructure and renewable energy businesses.

UltraTech Cement, Bajaj FinServ and Larsen & Toubro were up 1-2 percent.

Reliance Industries rose about half a percent on news that Qatar Investment Authority would invest Rs 8,278 crore into its subsidiary Reliance Retail Ventures.

Bandhan Bank gained 1 percent after announcing its foray into co-lending business.

TVS Motor Company added 0.6 percent after releasing a new premium e-scooter. Jio Financials fell 5 percent to extend recent losses post listing.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up 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 near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1h 0min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 1h 15min ago
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 1h 58min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 2h 6min ago
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 2h 15min ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up 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 below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 2h 23min ago
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 2h 45min ago