Sensex, Nifty Join Global Rally; Adani Group Stocks Climb

RTTNews | 907 hari yang lalu

(RTTNews) - Indian shares opened on a strong note Friday, tracking firm global cues and BJP's strong performance in the assembly polls in the northeastern states of Tripura, Nagaland and Meghalaya.

The benchmark S&P/BSE Sensex jumped nearly 500 points, or 0.9 percent, to 59,407 in early trade, while the broader NSE Nifty index was up 155 points, or 0.9 percent, at 17,477.

Adani Group stocks remained in focus after the embattled group sold minority stakes in four of its listed companies to U.S.-based GQG Partners for Rs. 15,446 crore.

Adani Ports soared 7.2 percent, Adani Green Energy jumped 5 percent, Adani Transmission added 5 percent and Adani Enterprises climbed 8.6 percent.

Power Grid Corp, Reliance Industries and SBI jumped 1-3 percent.

Vedanta gained 1 percent while Hindustan Zinc traded 0.6 percent lower on reports the government has written to SEBI opposing the Hindustan Zinc-Vedanta deal.

Natco Pharma rallied over 3 percent on share buyback news.

Tata Power rose half a percent after entering into a partnership with Italy's Enel Group.

Indiabulls Housing Finance climbed nearly 2 percent after announcing a debt sale of Rs. 900 crore.

Yes Bank rose 0.7 percent despite reports that SBI may lower its stake in the bank after a lock-in period ends on March 6.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 52 minit yang lalu

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1j 13min yang lalu

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1j 44min yang lalu

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2j 24min yang lalu

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2j 51min yang lalu

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2j 54min yang lalu

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3j 9min yang lalu

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3j 12min yang lalu

EURUSD	1.16297	GBPUSD	1.34545	AUDUSD	0.64771
USDJPY	147.778	USDCAD	1.38568	USDCHF	0.80563