Sensex, Nifty Climb On Firm Global Cues

RTTNews | hace 696
Stocktwits
Sensex, Nifty Climb On Firm Global Cues

(RTTNews) - Indian shares rose notably on Friday and the rupee rose above the crucial 82 per dollar mark, as the dollar weakened in international markets following hawkish comments from ECB President Christine Lagarde in the previous session.

Investors are also pinning hopes that the Federal Reserve will not follow through with more rate hikes.

The benchmark S&P/BSE Sensex ended the session up 466.95 points, or 0.74 percent, at 63,384.58 while the broader NSE Nifty index settled 137.90 points, or 0.74 percent, at 18,826.

Financials led the surge, with HDFC Life rallying nearly 6 percent.

Titan Company, Dr Reddy's Laboratories, Bajaj FinServ and SBI Life jumped 2-3 percent.

Kalyan Jewelers soared 17.2 percent on the back of multiple block deals amid news of TS Anantharaman's reappointment as non-executive independent director.

Mazagon Dock Shipbuilders rallied 12.5 percent on expectations that it will benefit from increased activity in India's defense sector.

IT, auto and energy stocks underperformed, with BPCL, TCS, Bajaj Auto and Wipro falling 1-2 percent.

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Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains across most sectors led by technology, iron ore miners and energy stocks. Gold stocks were the only weak spot.
RTTNews | hace 1h 17min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid easing fears of a prolonged trade global war after news that the US and China have agreed to drastically reduce the massive tariffs on each other's goods by 115 percent while retaining an additional 10 percent tariff. Asian markets closed mostly higher on Monday.
RTTNews | hace 1h 45min
Additional Support Expected For Thai Stock Market

Additional Support Expected For Thai Stock Market

Ahead of Monday's holiday for Wesak Day, the Thai stock market had alternated between positive and negative finishes through the previous four trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,210-point plateau and it's got a strong lead for Tuesday's trade.
RTTNews | hace 3h 12min
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,300 level, with gains across all sectors led by strong gains in technology and financial stocks.
RTTNews | hace 3h 16min
Overbought Hang Seng Nonetheless Called Higher

Overbought Hang Seng Nonetheless Called Higher

The Hong Kong stock market has tracked higher in eight straight sessions, soaring almost 1,600 points or 7.1 percent along the way. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's expected to at least open in positive territory on Tuesday.
RTTNews | hace 3h 27min
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains across most sectors led by Technology and energy stocks. Gold stocks were the only weak spot.
RTTNews | hace 3h 38min
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