Sensex, Nifty Extend Gains For Second Day; IT Stocks Surge

RTTNews | Pred 651 dňami
Sensex, Nifty Extend Gains For Second Day; IT Stocks Surge

(RTTNews) - Indian shares rose on Thursday despite weak cues from Asia and Europe.

While dovish Fed bets and declining oil prices offered some support, markets ended off their day's highs as investors looked ahead to a raft of U.S. economic data and high-profile ECB and Fed speeches for further clues to the economic growth and rate outlook.

A rebound in the dollar index and U.S. Treasury yields also triggered some profit taking at higher levels.

The benchmark S&P BSE ended the session up 306.55 points, or 0.47 percent, at 65,982.48 after hitting a high of 66,358.37 earlier in the day.

The broader NSE Nifty index hit an intraday high of 19,875.25 before giving up some gains to settle 89.75 points, or 0.46 percent, higher at 19,765.20 - extending gains for a second straight session.

Information technology stocks topped the gainers list, with Infosys, TCS, HCL Technologies and Tech Mahindra rallying 2-3 percent.

Hero MotoCorp jumped 3.3 percent after reporting its highest-ever festive sales.

On the losing side, Tata Consumer Products, Adani Enterprises, Coal India and Axis Bank all fell around 1 percent.

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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | Pred 13 minútami
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | Pred 30 minútami
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | Pred 43 minútami
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | Pred 52 minútami
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | Pred 58 minútami
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | Pred 1 h 13 min
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
RTTNews | Pred 1 h 43 min
Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
RTTNews | Pred 2 h 10 min