Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

RTTNews | 963 hari yang lalu
Stocktwits
Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

(RTTNews) - Indian shares opened on a positive note Thursday, mirroring firm cues from global markets as Fed Chair Jerome Powell's dovish remarks in a speech helped improve risk sentiment.

The benchmark S&P BSE Sensex rose 342 points, or half a percent, to 63,441, extending gains for an eighth consecutive session.

The broader NSE Nifty index was up 86 points, or half a percent, at 18,844.

IT stocks led the surge, tracking the Philadelphia Semiconductor index's 5.85 percent gain overnight.

Tata Consultancy Services jumped more than 2 percent after bagging a contract to design, develop, implement, and operate the U.K.'s Rail Data Marketplace.

Infosys, HCL Technologies, Tech Mahindra and Wipro rallied 2-3 percent.

Zomato gained 1 percent after Singapore state-owned investment company Tamesak bought a stake in the company via bulk deals.

Apollo Hospitals Enterprise was little changed on fund raising reports.

NMDC gained 1.2 percent after hiking iron ore prices by Rs 300 per ton.

Manali Petrochemicals added 1 percent after it acquired U.K.-based Penn Globe for an enterprise value of GBP 21 million.

KPI Green Energy declined 1.5 percent after the announcement of a 1:1 bonus issue.

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Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Monday, with earnings and trade developments likely to be in focus.
RTTNews | 1j 16min yang lalu
Asian Shares Mostly Higher In Cautious Trade

Asian Shares Mostly Higher In Cautious Trade

Asian stocks were mostly higher on Monday as trade tensions persisted, China held key lending rates and Japan's ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power.
RTTNews | 1j 32min yang lalu
Indonesia Bourse May See Profit Taking On Monday

Indonesia Bourse May See Profit Taking On Monday

The Indonesia stock market has moved higher in 10 straight sessions, gathering more than 440 points or 6.3 percent along the way. The Jakarta Composite Index now sits just above the 7,310-point plateau although it's overdue for consolidation on Monday.
RTTNews | 2j 24min yang lalu
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market on Friday halted the two-day losing streak in which it had slipped more than 90 points or 0.3 percent. The Hang Seng Index now sits just above the 24,825-point plateau although it may be stuck in neutral on Monday.
RTTNews | 2j 39min yang lalu
Little Movement Likely For China Stock Market

Little Movement Likely For China Stock Market

The China stock market has finished higher in consecutive trading days, collecting more than 30 points or 0.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,535-point plateau and it's expected to hold steady at the mark on Monday.
RTTNews | 2j 54min yang lalu
Rally May Stall For Taiwan Stock Market

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has finished higher in four straight sessions, collecting almost 770 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 23,380-point plateau although it may spin its wheels on Monday.
RTTNews | 3j 24min yang lalu
Singapore Shares Overdue For Consolidation

Singapore Shares Overdue For Consolidation

The Singapore stock market has moved higher in 10 straight sessions, improving more than 170 points or 4.3 percent along the way. The Straits Times Index now rests just beneath the 4,190-point plateau although it's likely to see profit taking on Monday.
RTTNews | 3j 54min yang lalu
Malaysia Stock Market May Spin Its Wheels On Monday

Malaysia Stock Market May Spin Its Wheels On Monday

The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although investors may cash in on Monday.
RTTNews | 4j 24min yang lalu
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