Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

RTTNews | 1009 dagar sedan
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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Singapore Shares May Crack Resistance At 4,300 Points

Singapore Shares May Crack Resistance At 4,300 Points

The Singapore stock market ticked higher again on Thursday, one day after ending the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,300-point plateau and it may see additional support on Friday.
RTTNews | 12 minuter sedan
Japan Household Spending Jumps 1.7% In July

Japan Household Spending Jumps 1.7% In July

The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.
RTTNews | 35 minuter sedan
Japan Bourse May Extend Thursday's Gains

Japan Bourse May Extend Thursday's Gains

The Japanese stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,580-point plateau and it may add to its winnings on Friday.
RTTNews | 42 minuter sedan
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in three straight sessions, collecting more than 55 points or 1.8 percent along the way. The KOSPI now rests just above the 3,200-point plateau and it may extend its gains again on Friday.
RTTNews | 1h 12minuter sedan
Japan Household Spending Data Due On Friday

Japan Household Spending Data Due On Friday

Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
RTTNews | 2h 12minuter sedan
Canadian Market Looks Headed For Another Positive Close

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.
RTTNews | 6h 3minuter sedan
Swiss Market Closes On Buoyant Note

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.
RTTNews | 6h 38minuter sedan
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