Sensex, Nifty Recover After Early Slide

RTTNews | 924 일 전
Sensex, Nifty Recover After Early Slide

(RTTNews) - Indian shares recovered from an early slide to end on a positive note Tuesday, as oil extended losses on demand concerns and the International Monetary Fund sounded bullish on India's growth prospects, saying that the country is a bright spot in an otherwise gloomy global backdrop.

The Economic Survey 2022-23 tabled in Parliament earlier today has projected a GDP growth rate in the range of 6 to 6.8 percent for the next fiscal 2023-24 (FY24).

Global cues were subdued as investors avoided making big decisions ahead of key central bank meetings this week including a two-day policy meeting of the Federal Reserve that gets underway later today.

The benchmark S&P/BSE Sensex swung between gains and losses before ending the session up 49.49 points, or 0.08 percent, at 59,549.90.

The broader NSE Nifty index settled 13.20 points, or 0.07 percent, higher at 17,662.15 as the Follow-On Public Offering (FPO) of Adani Enterprises got fully subscribed on the final day of the subscription.

Adani Ports, UltraTech Cement, Power Grid Corp, Mahindra & Mahindra and SBI all rose around 3 percent in the Nifty pack, while HDFC Life, Britannia Industries, Tech Mahindra, TCS and Bajaj Finance fell 1-2 percent.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 8,850 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | 37 분 전
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by Hong Kong and Japanese markets amid improved outlook for interest rates after US consumer price inflation for July came in line with expectations. The U.S. and China also confirmed a 90-day extension of their trade truce. Asian markets closed mixed on Tuesday.
RTTNews | 48 분 전
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

Ahead of the long holiday weekend for Queen Sirikit's birthday, the Thai stock market had ended the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau although it's expected to bounce higher again on Wednesday.
RTTNews | 1 시간 55 분 전
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.
RTTNews | 2 시간 13 분 전
Indonesia Bourse May Test Resistance At 7,800 Points

Indonesia Bourse May Test Resistance At 7,800 Points

The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.
RTTNews | 2 시간 25 분 전
Additional Support Called For Hong Kong Stock Market

Additional Support Called For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 2 시간 40 분 전
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | 2 시간 42 분 전