Sensex, Nifty Reach Fresh Record Highs

RTTNews | 687天前
Sensex, Nifty Reach Fresh Record Highs

(RTTNews) - Indian shares posted strong gains on Monday, as signs of a resilient U.S. economy and hopes that the Federal Reserve will taper its hawkish stance outweighed investor disappointment over sluggish PMI data from parts of Asia and Europe.

Closer home, India's manufacturing activity continued to expand strongly in June, thanks to greater demand for India-made products both domestically and internationally, the results of the purchasing managers' survey from S&P Global showed today.

The manufacturing Purchasing Managers' Index, or PMI, dropped to 57.8 in June from 58.7 in May.

Benchmark indexes Sensex and Nifty both settled at record closing highs despite gains in the dollar index and a surge in oil prices.

The S&P/BSE Sensex jumped 486.49 points, or 0.75 percent, to 65,205.05, while the broader NSE Nifty index settled 133.50 points, or 0.7 percent, higher at 19,322.55.

Among the top gainers, Reliance Industries, Bajaj Finance, BPCL, ITC and Grasim rallied 2-3 percent in the Nifty pack.

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Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Major currencies in the region have also strengthened against the US dollar. Asian markets closed mostly higher on Tuesday.
RTTNews | 13分鐘前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

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RTTNews | 1小時42分鐘前
Australian Market Notably Higher

Australian Market Notably Higher

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RTTNews | 2小時3分鐘前
Canadian Dollar Rises As Inflation Climbs

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RTTNews | 8小時55分鐘前
Swiss Market Ends Modestly Higher

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RTTNews | 9小時43分鐘前
European Stocks Recover After Weak Start, Close Broadly Higher

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RTTNews | 10小時3分鐘前
TSX Extends Gains To 10th Straight Session, Hits New Record High

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Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.
RTTNews | 11小時34分鐘前