Sensex, Nifty Cling To Small Gains In Early Trade; Metal Stocks Outperform

RTTNews | 864 days ago
Sensex, Nifty Cling To Small Gains In Early Trade; Metal Stocks Outperform

(RTTNews) - Indian shares clung to small gains on Tuesday, tracking firm cues from global markets. A cautious undertone prevailed after a sharp rise in oil prices overnight and amid caution ahead of F&O expiry.

The benchmark S&P BSE Sensex was up 103 points, or 0.2 percent, at 7,757 in early trade while the broader NSE Nifty index was up 7 points at 16,993, paring early gains.

Metal stocks traded higher, with Coal India and Hindalco rising 1.1 percent and 1.9 percent, respectively.

Adani Enterprises fell 1.9 percent after it acquired 49 percent stake in Quintillion Business Media Limited. Group firm Adani Ports gave up 2.5 percent.

Aditya Birla Capital gained 1 percent on news it would sell entire stake in its insurance broking business.

HDFC rose 0.6 percent on fund raising reports.

NHPC dropped half a percent ahead of a board meet today to decide raising debt up to Rs 5,600 crore.

PNC Infratech soared 6 percent after it emerged as the lowest bidder for a highway project in Hybrid Annuity Mode with a cost of Rs 819 crore.

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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
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Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

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Taiwan Stock Market May Hand Back Thursday's Gains

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The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
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Singapore Bourse Due For Profit Taking On Friday

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Japan Household Spending Slumps 5.2% In June

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The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.
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Malaysia Stock Market May Be Stuck In Neutral On Friday

Malaysia Stock Market May Be Stuck In Neutral On Friday

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