Sensex, Nifty Join Global Rally; Adani Group Stocks Climb

RTTNews | 815 dagar sedan
Stocktwits
Sensex, Nifty Join Global Rally; Adani Group Stocks Climb

(RTTNews) - Indian shares opened on a strong note Friday, tracking firm global cues and BJP's strong performance in the assembly polls in the northeastern states of Tripura, Nagaland and Meghalaya.

The benchmark S&P/BSE Sensex jumped nearly 500 points, or 0.9 percent, to 59,407 in early trade, while the broader NSE Nifty index was up 155 points, or 0.9 percent, at 17,477.

Adani Group stocks remained in focus after the embattled group sold minority stakes in four of its listed companies to U.S.-based GQG Partners for Rs. 15,446 crore.

Adani Ports soared 7.2 percent, Adani Green Energy jumped 5 percent, Adani Transmission added 5 percent and Adani Enterprises climbed 8.6 percent.

Power Grid Corp, Reliance Industries and SBI jumped 1-3 percent.

Vedanta gained 1 percent while Hindustan Zinc traded 0.6 percent lower on reports the government has written to SEBI opposing the Hindustan Zinc-Vedanta deal.

Natco Pharma rallied over 3 percent on share buyback news.

Tata Power rose half a percent after entering into a partnership with Italy's Enel Group.

Indiabulls Housing Finance climbed nearly 2 percent after announcing a debt sale of Rs. 900 crore.

Yes Bank rose 0.7 percent despite reports that SBI may lower its stake in the bank after a lock-in period ends on March 6.

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Sensex, Nifty Rally As Trump Delays EU Tariffs

Sensex, Nifty Rally As Trump Delays EU Tariffs

Indian shares opened on a buoyant note Monday after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
RTTNews | 49 minuter sedan
Australian Market Slightly Extends Early Losses In Mid-market

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The Australian stock market is slightly extending its early losses in mid-market trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with weakness in mining, energy and financial stocks partially offset by gains in gold miners and technology stocks
RTTNews | 1h 28minuter sedan
Asian Markets Track Global Markets Lower

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Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street and Europe on Friday, on renewed trade and tariff concerns after US President Donald Trump threatened to impose 50 percent tariffs on imports from the European Union beginning June 1. However, Trump agreed to delay a sweeping 50 percent tariff on EU imports until July 9 over the weekend.
RTTNews | 1h 56minuter sedan
Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

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RTTNews | 2h 22minuter sedan
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The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
RTTNews | 2h 55minuter sedan
Japanese Market Notably Higher

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The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
RTTNews | 3h 23minuter sedan
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
RTTNews | 3h 25minuter sedan
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