Sensex, Nifty See Modest Gains In Cautious Trade

RTTNews | 878 days ago
Sensex, Nifty See Modest Gains In Cautious Trade

(RTTNews) - Indian shares were seeing modest gains in cautious trade on Monday despite weak cues from global markets.

The benchmark S&P BSE Sensex jumped 160 points, or 0.3 percent, to 61,497 in early trade, while the broader NSE Nifty index was up 44 points, or 0.2 percent, at 18,313.

Bajaj Auto, Nestle India, ITC, Bharti Airtel and Power Grid Corp rose 1-2 percent in the Nifty pack, while Tata Motors, Sun Pharma, ONGC, BPCL and Infosys all fell around 1 percent.

Yes Bank shares gained 1 percent. The private sector lender has concluded the transfer of the identified stressed loan portfolio worth Rs 48,000 crore to Asset Reconstruction Company JC Flowers.

Ashoka Buildcon added 2 percent after its subsidiaries sold stake in Jaora Nayagaon Toll Road to NIIF.

read more
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 1h 15min ago
European Markets Seen Opening Weak On Thursday

European Markets Seen Opening Weak On Thursday

Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
RTTNews | 1h 15min ago
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
RTTNews | 2h 25min ago
Australian Market Turns To Modest Gains In Mid-market

Australian Market Turns To Modest Gains In Mid-market

The Australian market is turning its early losses to modest gains in mid-market on Thursday, after being in the red most of the morning session, extending the gains in the previous six sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,300 level, with gains in financial and technology stocks nearly offset by weakness in mining stocks.
RTTNews | 3h 47min ago
Indian Market Likely To Open On Cautious Note

Indian Market Likely To Open On Cautious Note

Subdued GIFT Nifty, weak Asian stocks and the overnight mixed close on Wall Street point to a slightly negative start for Indian shares Thursday morning. Investors are likely to react to a slew of quarterly earnings announcements.
RTTNews | 3h 54min ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious amid continued uncertainty surrounding US President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K. Asian Markets closed mostly higher on Wednesday.
RTTNews | 3h 58min ago