Sensex, Nifty Up Marginally After Scaling New Highs

RTTNews | Před 670 dny

(RTTNews) - Indian shares are turning in a mixed performance Wednesday morning, with investors looking for direction and largely making stock specific moves.

The benchmark BSE Sensex, which rose to a fresh high of 67,117.05, is up 25.26 points or 0.05% at 66,820.40.

The National Stock Exchange's Nifty50 is up 5.50 points or 0.03% at 19,754.75, after posting a new high at 19,841.65.

NTPC is up 4.3%. Bajaj Finance and Power Grid Corporation are up 1.3% and 1.25%, respectively. Sun Pharmceutical Industries, Bajaj Finserv, State Bank of India, Kotak Bank, Larsen & Toubro and Titan Industries are up with modest gains.

IndusInd Bank is gaining about 1.75% on strong results. IndusInd Bank reported a net profit of Rs 2,124 crore for the quarter ended June 2023, up 32.5% compared to the year-ago quarter. The bank's gross non-performing assets ratio as a percentage of sales was 1.94% as of 30 June 2023, compared with 2.35% a year ago.

Hind Unilever, Nestle, Tata Consultancy Services, ITC, ICICI Bank, Infosys, Asian Paints, Mahindra & Mahindra and Maruti Suzuki are down 0.3 to 0.7%.

LTI Mindtree, Tata Consumer Products, Tech Mahindra and Cipla are also weak.

L&T Technology Services shares are gaining 1.2%. The company reported a 13% year-on-year increase in net profit at Rs 311.1 crore in the first quarter of the current financial year.

Havells India is gaining 3%. ABB, HDFC AMC, Canada Bank, Cholamandalam Finance, Bajaj Holding, DLF, Indigo and McDowell are up 1 to 1.5%.

ICICI Prudential Life is down more than 3%, weighed down by a 4% drop in annualised premium equivalent to Rs 1,461 crore for the quarter ended June 2023.

The market breadth is fairly strong. On BSE, 1,887 stocks are up in positive territory, and 1,277 stocks are weak, while 140 stocks are little changed from their previous closing levels.

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.

RTTNews | Před 21 minutami

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.

RTTNews | Před 37 minutami

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.

RTTNews | Před 1 h 8 min

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight 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 1,195-point plateau and it's expected to open to the upside again on Monday.

RTTNews | Před 1 h 49 min

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.

RTTNews | Před 2 h 14 min

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.

RTTNews | Před 2 h 19 min

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.

RTTNews | Před 2 h 34 min

Australian Market Notably Lower

The Australian stock market is notably lower on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, technology and financial stocks partially offset by gains in gold miners.

RTTNews | Před 2 h 43 min

EURUSD	1.11824	GBPUSD	1.32976	AUDUSD	0.64127
USDJPY	145.241	USDCAD	1.39691	USDCHF	0.83594

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Sensex, Nifty Up Marginally After Scaling New Highs