Sensex, Nifty Modestly Higher In Early Trade

RTTNews | 14 dias atrás
Sensex, Nifty Modestly Higher In Early Trade

(RTTNews) - Indian shares opened on a firm note Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.

The benchmark BSE Sensex was up 292 points, or 0.4 percent, at 80,528 while the broader NSE Nifty index edged up by 114 points, or half a percent, to 24,601.

NMDC added 1.5 percent after reporting record Q1 iron ore production.

Jindal Steel gained 1.6 percent on reporting a 12 percent rise in Q1 net profit.

Hindustan Aeronautics climbed 2.4 percent as Q1 profit beat estimates.

Motilal Oswal Financial Services rallied 2.2 percent after investing Rs. 400 crore in Zepto (formerly Kiranakart Technologies).

Nazara Technologies advanced 1.6 percent on robust Q1 results.

Honasa Consumer soared 13 percent on getting an upgrade from CLSA post its Q1 results.

NSDL tumbled 3.3 percent after Q1 revenue from operations fell 8 percent year-on-year.

Suzlon Energy fell 3.4 percent on posting weaker-than-expected quarterly results due to higher tax expenses and finance costs.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 10 minutos atrás
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 52 minutos atrás
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1 h 1 min atrás
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1 h 9 min atrás
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1 h 17 min atrás
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 1 h 39 min atrás
Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | 1 h 54 min atrás