Sensex, Nifty Rise As Bond Yields Retreat

RTTNews | 686 days ago
Stocktwits
Sensex, Nifty Rise As Bond Yields Retreat

(RTTNews) - Indian shares were notably higher in early trade on Thursday as global bond yields pulled back further off recent highs on the back of a round of soft surveys on manufacturing.

Also helping boost investor sentiment, Nvidia, the world's most valuable chipmaker, beat estimates for its fiscal second quarter and issued optimistic guidance for the current period.

The benchmark S&P BSE Sensex was up 390 points, or 0.6 percent, at 65,821 while the broader NSE Nifty index was up 116 points, or 0.60 percent, at 19,560.

Adani Enterprises rallied 2.3 percent and Adani Ports advanced 1.6 percent after the Group posted record profit in the quarter ended June on the back of its infrastructure and renewable energy businesses.

UltraTech Cement, Bajaj FinServ and Larsen & Toubro were up 1-2 percent.

Reliance Industries rose about half a percent on news that Qatar Investment Authority would invest Rs 8,278 crore into its subsidiary Reliance Retail Ventures.

Bandhan Bank gained 1 percent after announcing its foray into co-lending business.

TVS Motor Company added 0.6 percent after releasing a new premium e-scooter. Jio Financials fell 5 percent to extend recent losses post listing.

Stocktwits
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Tech Shares May Boost Taiwan Stock Market

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 370 points or 1.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,530-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 21 minutes ago
Continued Strength Predicted For Singapore Stock Market

Continued Strength Predicted For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, improving almost 45 points or 1.1 percent along the way. The Straits Times Index now rests just beneath the 4,060-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 51 minutes ago
Malaysia Stock Market May Snap Losing Streak

Malaysia Stock Market May Snap Losing Streak

The Malaysia stock market has moved lower in three straight sessions, slipping more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,530-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1h 21min ago
Japan Bourse May Break Through 40,000-Point Barrier

Japan Bourse May Break Through 40,000-Point Barrier

The Japanese stock market has moved higher in back-to-back sessions, collecting more than 230 points or 0.6 percent in that span. The Nikkei 225 now sits just above the 39,820-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 1h 36min ago
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has finished higher in three straight sessions, collecting more than 80 points or 2.5 percent along the way. The KOSPI now sits just beneath the 3,135-point plateau and it may extend its gains again on Thursday.
RTTNews | 1h 51min ago
Korea Rate Decision On Tap For Thursday

Korea Rate Decision On Tap For Thursday

The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a lit day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 2.50 percent.
RTTNews | 2h 51min ago
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