Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

RTTNews | Pred 977 dňami
Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

(RTTNews) - Indian shares opened on a positive note Thursday, mirroring firm cues from global markets as Fed Chair Jerome Powell's dovish remarks in a speech helped improve risk sentiment.

The benchmark S&P BSE Sensex rose 342 points, or half a percent, to 63,441, extending gains for an eighth consecutive session.

The broader NSE Nifty index was up 86 points, or half a percent, at 18,844.

IT stocks led the surge, tracking the Philadelphia Semiconductor index's 5.85 percent gain overnight.

Tata Consultancy Services jumped more than 2 percent after bagging a contract to design, develop, implement, and operate the U.K.'s Rail Data Marketplace.

Infosys, HCL Technologies, Tech Mahindra and Wipro rallied 2-3 percent.

Zomato gained 1 percent after Singapore state-owned investment company Tamesak bought a stake in the company via bulk deals.

Apollo Hospitals Enterprise was little changed on fund raising reports.

NMDC gained 1.2 percent after hiking iron ore prices by Rs 300 per ton.

Manali Petrochemicals added 1 percent after it acquired U.K.-based Penn Globe for an enterprise value of GBP 21 million.

KPI Green Energy declined 1.5 percent after the announcement of a 1:1 bonus issue.

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Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | Pred 19 minútami
Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | Pred 49 minútami
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
RTTNews | Pred 49 minútami
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
RTTNews | Pred 1 h 4 min
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market has finished lower in consecutive trading days, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,560-point plateau and the losses may accelerate on Monday.
RTTNews | Pred 1 h 19 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | Pred 1 h 19 min
Taiwan Stock Market Tipped To Open Under Pressure On Monday

Taiwan Stock Market Tipped To Open Under Pressure On Monday

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 340 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 23,430-point plateau and it's expected to see continued consolidation on Monday.
RTTNews | Pred 1 h 49 min
Singapore Shares May Take Further Damage On Monday

Singapore Shares May Take Further Damage On Monday

The Singapore stock market had finished lower in six straight sessions, surrendering almost 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,150-point plateau and it's expected to open under pressure again on Monday.
RTTNews | Pred 2 h 19 min