Sensex, Nifty Close Higher For 4th Straight Session

RTTNews | 1 hari yang lalu

(RTTNews) - Indian shares closed higher for a fourth straight session on Monday, as encouraging results from Reliance Industries and several banks helped lift sentiment. Easing concerns about U.S.-China trade tensions contributed as well to the positive show by the market.

Trade tensions between the U.S. and China have eased after U.S. President Donald Trump said the high tariffs he has threatened on Chinese imports are "probably not [sustainable]" but argued "they forced me to do that."

Trump also confirmed he would meet with Chinese President Xi Jinping at a summit in South Korea later this month after previously casting doubt on whether the planned meeting would be worthwhile.

The BSE benchmark Sensex, which climbed to 84,656.56 a few minutes after the opening bell, closed up by 411.18 points or 0.49% at 84,363.37.

The broader Nifty50 index of the National Stock Exchange, which surged to 25,926.20 early on in the session, settled with a gain of 133.30 points or 0.52% at 25,843.15.

The Nifty PSU Bank index climbed 2.87% with several stocks in the segment posting impressive gains. The Private Bank index closed 0.67% up, paring most of its early gains.

Reliance Industries climbed 3.6% after reporting consolidated net profit of Rs 18,165 crore in the second-quarter, up 10% compared to Rs 16,563 crore in the year ago period.

ICICI Bank ended more than 3% down despite good results. The bank reported a 5.2% increase in profit after tax in the second quarter, compared to the year-ago quarter. Net interest income surged 7.4% in the second-quarter, compared to a year earlier.

HDFC Bank edged up marginally. HDFC Bank posted a net profit of Rs 18,641.28 crore in the second-quarter, up 10.8% from a year ago. Net Interest Income increased 4.8% in the latest quarter, compared to the corresponding quarter last year.

IDFC First Bank gained nearly 7% after reporting a 75% jump in standalone net profit in the second-quarter, compared to a year ago. However, the bank's net interest income tumbled by 40% YoY at Rs 5,112.57 crore.

Yes Bank climbed 1.9%. The bank said that its net profit climbed 18% in the second quarter, compared to the year-ago quarter.

RBL Bank, Federal Bank, Bandhan Bank and Axis Bank posted strong gains. IndusInd Bank ended 1% up, despite reporting a net loss of Rs 437 crore in the second quarter of FY26, reversing from a net profit of Rs 1,331 crore in the corresponding quarter of FY25.

Among PSU banks, Bank of India, Central Bank of India, PSB, Maharasthra Bank, PNB, Indian Bank, UCO Bank, Union Bank of India, IOB, Bank of Baroda and State Bank of India gained 2 to 5.6%.

Bajaj Finserv, Bharti Airtel, TCS, Infosys, Bajaj Finance, Titan Industries, Larsen & Toubro and BEL closed with sharp to moderate gains.

Mahindra & Mahindra, Eternatl, Adani Ports, Power Grid and Hind Unilever closed weak.

The market breadth was positive. On BSE, 2,530 stocks closed higher, whild 1,740 stocks ended weak and 207 stocks settled flat.

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders may be reluctant to continue buying stocks amid lingering concerns about the U.S.-China trade tensions and the ongoing US government shutdown. A lack of major U.S. economic data due in part to the shutdown may also have kept some traders on the sidelines.

RTTNews | 19 minit yang lalu

Thai Shares: Strong Resistance At 1,300 Points

The Thai stock market has finished higher in back-to-back sessions, gathering more than 15 points or 1.2 percent in that span. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it figures to see little movement on Wednesday.

RTTNews | 1j 29min yang lalu

Soft Start Expected For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, gathering more than 310 points or 3.9 percent along the way. The Jakarta Composite Index now rests just beneath the 8,240-point plateau although it figures to open in the red on Wednesday.

RTTNews | 1j 59min yang lalu

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, reversing the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 48,700 level, with weakness across most sectors led by index heavyweights and technology stocks.

RTTNews | 2j 10min yang lalu

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in consecutive trading days, advancing more than 775 points or 2.8 percent along the way. The Hang Seng Index now rests just above the 26,025-point plateau although it's expected to open to the downside on Wednesday.

RTTNews | 2j 14min yang lalu

China Stock Market May Spin Its Wheels On Wednesday

The China stock market has climbed higher in two straight sessions, advancing more than 75 points or 1.9 percent in that span. The Shanghai Composite Index now sits above the 3,915-point plateau although it's expected to open under pressure on Wednesday.

RTTNews | 2j 29min yang lalu

Australian Market Significantly Lower

Australian shares are trading significantly lower on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 9,050 level, following the mixed cues from Wall Street overnight, dragged by tumbling gold mining stocks as bullion prices recorded its biggest intra-day drop in nearly 12 years.

RTTNews | 2j 32min yang lalu

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market has finished higher in back-to-back sessions, collecting more than 450 points or 1.7 percent along the way. The Taiwan Stock Exchange now sits just above the 27,750-point plateau although it's likely to run out of steam on Wednesday.

RTTNews | 2j 59min yang lalu

EURUSD	1.16056	GBPUSD	1.33723	AUDUSD	0.64912
USDJPY	151.732	USDCAD	1.40043	USDCHF	0.79588