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Sensex Gains 535 Points On Global Cues; Nifty Tops 22,200
(RTTNews) - Indian shares rose notably on Thursday as U.S. chipmaker Nvidia's strong earnings drove optimism across asset classes and lifted main indexes in Europe and Japan to record highs.
The benchmark S&P/BSE Sensex jumped 535.15 points, or 0.74 percent, to 73,158.24, reflecting sharp gains elsewhere across global markets.
The broader NSE Nifty index swung between gains and losses before finishing up 162.40 points, or 0.74 percent, at 22,217.45.
HCL Technologies, ITC, Eicher Motors, Bajaj Auto and Coal India all rose around 3 percent in the Nifty pack while Hindustan Unilever, Kotak Mahindra Bank, BPCL, HDFC Bank and IndusInd Bank dropped 1-2 percent.
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Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
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Pred 2 h 51 min
European Shares Set For Cautious Open Ahead Of Powell Speech
European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
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Pred 2 h 55 min
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries
Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
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Pred 3 h 57 min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Pred 4 h 7 min
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews
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Pred 5 h 6 min
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews
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Pred 5 h 31 min
Sensex, Nifty Set For Muted Start
Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews
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Pred 5 h 57 min
Japanese Market Slightly Higher
The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews
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Pred 6 h 25 min
