Sensex, Nifty Jump Around 2% As Fed Worries Ebb

RTTNews | 1126日前
Sensex, Nifty Jump Around 2% As Fed Worries Ebb

(RTTNews) - Indian shares rallied on Thursday after the U.S. Federal Reserve announced a 75-bps rate hike, as widely expected, and indicated that it may be appropriate to slow the pace of increases going forward amid concerns over a possible recession.

The benchmark S&P BSE Sensex soared 1,041.47 points, or 1.87 percent, to 56,857.79 while the broader NSE Nifty index closed up 287.80 points, or 1.73 percent, at 16,929.60.

Bajaj Finance surged 10.5 percent after reporting its highest-ever consolidated quarterly net profit for the June quarter.

Bajaj FinServ soared a little over 10 percent after its board approved 1:1 bonus issue and a stock split in the ration of 1:5.

Tata Steel rallied 4.4 percent as shares turned ex-date for a 1:10 stock split. Banks like SBI and Kotak Mahindra Bank rose around 4 percent each. On the flip side, Shree Cement led losses to close 3 percent lower while Bharti Airtel and UltraTech both fell around 1 percent.

Tata Motors ended little changed with a negative bias after widening its quarterly net loss.

SpiceJet shares tumbled 3.5 percent. Following multiple snags, the budget airline has been ordered by the aviation regulator to operate only 50 percent of its flights for eight weeks.

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Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 26分前
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RTTNews | 27分前
Australian Market Trims Early Losses In Mid-market

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RTTNews | 1時52分前
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RTTNews | 2時7分前
Swiss Market Settles Modestly Higher

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RTTNews | 2時50分前
Japanese Market Notably Higher

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RTTNews | 2時58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 | 3時7分前