Sensex, Nifty Extend Gains Despite Weak Global Cues

RTTNews | Pred 644 dňami
Stocktwits
Sensex, Nifty Extend Gains Despite Weak Global Cues

(RTTNews) - Indian shares rose on Thursday to extend gains for a fifth day running despite weak cues from global markets.

Global sentiment was fragile as rising oil prices revived inflation fears and Boston Fed President Susan Collins warned that more policy tightening could be warranted.

Stronger-than-expected U.S. services sector data also fueled concerns that U.S. interest rates may stay higher for longer.

Despite global headwinds, the benchmark S&P BSE Sensex ended the session up 385.04 points, or 0.58 percent, at 66,265.56.

The broader NSE Nifty index settled 116 points, or 0.59 percent, higher at 19,727.05. Coal India shares jumped nearly 7 percent on heavy volumes while SBI, SBILife, IndusInd Bank and Larsen & Toubro climbed 2-4 percent.

Cochin Shipyard soared 20 percent to reach a record high on a strong business outlook.

On the flip side, Tata Consumer Products fell 2.3 percent after denying reports that it is in talks to acquire a majority 51 percent stake in the snack and sweet brand Haldiram.

Sun Pharma, Mahindra & Mahindra, Britannia Industries and ONGC all fell around 1 percent.

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Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | Pred 1 h 21 min
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. US officials confirmed that the U.S. had no involvement or role in the operation. Asian markets ended mixed on Thursday.
RTTNews | Pred 1 h 40 min
Thai Stock Market May Erase Thursday's Losses

Thai Stock Market May Erase Thursday's Losses

The Thai stock market on Thursday ended the two-day winning streak in which it had risen more than 6 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,130-point plateau and it's expected to open higher on Friday.
RTTNews | Pred 2 h 46 min
Indonesia Shares May Move Higher On Friday

Indonesia Shares May Move Higher On Friday

The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.4 percent in that span. The Jakarta Composite Index now rests just above the 7,200-point plateau although it may find support on Friday.
RTTNews | Pred 3 h 16 min
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Extending the losses in the previous session, the Japanese market is sharply lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,600 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | Pred 3 h 18 min
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,030-point plateau and it's likely to remain rangebound on Friday.
RTTNews | Pred 3 h 31 min
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