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Sensex, Nifty Tad Higher In Early Trade Despite Weak Global Cues

RTTNews | 816 hari yang lalu

Sensex, Nifty Tad Higher In Early Trade Despite Weak Global Cues

(RTTNews) - Indian shares opened a tad higher on Monday after U.S. finance authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank.

The benchmark S&P BSE Sensex was up 199 points, or 0.3 percent, at 59,333 in early trade, while the broader NSE Nifty index was up 60 points, or 0.4 percent, at 17,473.

Tech Mahindra jumped 8 percent after naming Infosys President Mohit Joshi as its next CEO and MD.

Adani Enterprises rallied more than 2 percent after the conglomerate fully prepaid "margin-linked" share-backed loans worth $2.2 billion (Rs 20,494 crore) way ahead of their maturity date.

IndusInd Bank fell over 5 percent on concerns over lower tenure extension for its CEO.

Nazara Technologies dropped 1.5 percent on news the group and its subsidiaries have deposits worth Rs. 64 crore at the collapsed Silicon Valley Bank.

Reliance Industries rose half a percent on reports that $3 billion loan with a consortium of banks is in the final stages of completion.

ICICI Bank gained 0.7 percent. The RBI has given the bank time till September 2024 to pare its stake in ICICI Lombard General Insurance to less than 30 percent.

M&M was slightly lower on reports it would sell 4.6 percent stake in automotive component supplier Mahindra CIE Automotive at a floor price of Rs. 355 per share through a block deal.

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Sensex, Nifty Seen Little Changed Before RBI's Rate Decision

Sensex, Nifty Seen Little Changed Before RBI's Rate Decision

Indian shares look set to open on a flat note Friday as investors await the Reserve Bank of India's (RBI) monetary policy decision later in the day, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.

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Asian Shares Muted In Lackluster Trade

Asian Shares Muted In Lackluster Trade

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Thai Stock Market May Head South Again On Friday

Thai Stock Market May Head South Again On Friday

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RTTNews | 1j 23min yang lalu

China Shares Due For Consolidation On Friday

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RTTNews | 2j 23min yang lalu

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RTTNews | 2j 53min yang lalu

Profit Taking Expected For Taiwan Stock Market

Profit Taking Expected For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating almost 680 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 21,675-point plateau although investors may cash in on Friday.

RTTNews | 2j 53min yang lalu

Japan Household Spending Sinks 1.8% In April

Japan Household Spending Sinks 1.8% In April

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RTTNews | 3j 8min yang lalu

Rally May Stall For Malaysia Stock Market

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The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it may run out steam on Friday.

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