Sensex, Nifty Edge Higher In Cautious Trade

RTTNews | 20 dias atrás
Sensex, Nifty Edge Higher In Cautious Trade

(RTTNews) - Indian shares traded slightly higher on Friday, mirroring firm cues from global markets as traders hoped for favorable outcome from ongoing trade negotiations and comments by a Federal Reserve official bolstered odds that the central bank will cut interest rates as early as June.

The benchmark S&P BSE Sensex was up 137 points, or 0.2 percent, at 79,938 in early trade while the broader NSE Nifty index edged up by 17 points, or 0.1 percent, to 24,263.

Tech stocks such as TCS and Infosys were up over 1 percent.

Reliance Industries rose over 1 percent and Maruti Suzuki India added half a percent ahead of their earnings results due today.

IndusInd Bank was marginally higher after denying media reports that claimed it stopped acquiring new customers for its microfinance business.

Axis Bank tumbled 3.4 percent as the private sector lender indicated it may take a few more quarters for asset quality to improve.

Tech Mahindra dropped 1 percent after revenue in constant currency terms fell 1.5 percent for the March quarter.

L&T Technology Services plunged 5 percent after Q4 net profit slipped 3.5 percent year-on-year.

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Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening higher on Friday as India's foreign minister S Jaishankar said that trade talks with the U.S. are still going on and "nothing is decided till everything is".
RTTNews | 43 minutos atrás
Thai Shares May Reclaim 1,200-Point Level

Thai Shares May Reclaim 1,200-Point Level

The Thai stock market has alternated between positive and negative finishes through the last seven 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 beneath the 1,195-point plateau and it's expected to open to the upside on Friday.
RTTNews | 1 h 17 min atrás
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 1 h 36 min atrás
Win Streak May Continue For Indonesia Bourse

Win Streak May Continue For Indonesia Bourse

The Indonesia stock market has finished higher in three straight sessions, improving more than 210 points or 3.1 percent in that span. The Jakarta Composite Index now rests just above the 7,040-point plateau and it's expected to extend its gains again on Friday.
RTTNews | 1 h 47 min atrás
Hang Seng Tipped To Open To The Upside On Friday

Hang Seng Tipped To Open To The Upside On Friday

The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.
RTTNews | 2 h 2 min atrás
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 2 h 14 min atrás
Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
RTTNews | 2 h 17 min atrás
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
RTTNews | 2 h 47 min atrás