Sensex, Nifty Edge Higher As Automakers Surge

RTTNews | 1123日前
Sensex, Nifty Edge Higher As Automakers Surge

(RTTNews) - Indian shares opened on a positive note Monday after U.S. stocks rose for a third straight session on Friday, helped by strong quarterly earnings from the likes of Amazon and Apple.

The upside remained capped as weak manufacturing data from China and Japan added to concerns about the global economic outlook.

The benchmark S&P BSE Sensex rose 201 points, or 0.4 percent, to 57,771 in early trade, while the broader NSE Nifty index was up 70 points, or 0.4 percent, at 17,228.

Automakers were seeing strong gains ahead of the release of July sales data.

Mahindra & Mahindra soared 6.3 percent, Maruti Suzuki India jumped 3. 4 percent and Tata Motors added 2.3 percent.

Cipla rose over 4 percent despite reporting lower Q1 profit.

Indiabulls Housing Finance advanced 1.7 percent after hiking interest rates on home loans.

IDFC First Bank rallied 3.6 percent after reporting its highest ever net profit of Rs 474 crore for the quarter ended June 2022.

Tata Steel added 1 percent on news it would roll out the 'First in India' seating system for Vande Bharat Express trains from September 2022.

Bank of Baroda fell nearly 2 percent despite reporting a 79 percent jump in Q1 profit.

Similarly, DCB Bank lost 3 percent despite posting nearly three-fold jump in quarterly profit.

IOC tumbled 2.6 percent on reporting a quarterly net loss, hit by a sharp fall in retail fuel margins for petrol and diesel.

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 | 42分前
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 | 57分前
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 | 1時39分前
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 | 1時48分前
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 | 1時56分前
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 | 2時4分前
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 | 2時26分前