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Sensex, Nifty Rally Led By Tech Stocks
(RTTNews) - Indian shares logged strong gains on Monday as better-than-expected earnings buoyed tech stocks.
Benchmark indexes Sensex and Nifty both rose sharply past key milestones today despite muted cues from global markets and deepening tensions in the Middle East. The benchmark S&P BSE Sensex jumped 759.49 points, or 1.05 percent, to 73.327.94 on optimism about strong domestic earnings and hopes for potential interest rate cuts by the U.S. Federal Reserve and the European Central Bank.
The broader NSE Nifty index settled 202.90 points, or 0.93 percent, higher at 22,097.45.
Wipro topped the gainers list to rally 6.4 percent and ONGC surged 4.3 percent while HDFC Bank, Infosys and HCL Technologies climbed 2-3 percent.
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
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59 минут назад
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
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1ч 35мин назад
Indian Markets Closed For Independence Day
Indian markets remain closed today as the nation marks its 78th Independence Day.
RTTNews
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1ч 51мин назад
Lower Open Predicted For Thai Stock Market
The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,265-point plateau and it figures to remain rangebound again on Friday.
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2ч 22мин назад
Japanese Market Notably Higher
Reversing the losses in the previous session, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,800 level, with gains in index heavyweights and financial stocks as well as a mixed performance in all other sectors.
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2ч 38мин назад
Indonesia Bourse Due For Consolidation On Friday
The Indonesia stock market has tracked higher in five straight sessions, improving more than 440 points or 5.8 percent along the way. The Jakarta Composite Index now sits just above the 7,930-point plateau although investors figure to lock in gains on Friday.
RTTNews
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2ч 52мин назад
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Friday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews
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3ч 1мин назад
Hong Kong Shares Tipped To Open In The Red
The Hong Kong stock market on Thursday ended the three-day winning streak in which it had climbed more than 750 points or 3 percent. The Hang Seng Index now rests just beneath the 25,520-point plateau and it may see continued consolidation on Friday.
RTTNews
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3ч 7мин назад
