Senex, Nifty Extend Gains For Second Day On Fed, China Optimism

RTTNews | 723 วันที่ผ่านมา
Senex, Nifty Extend Gains For Second Day On Fed, China Optimism

(RTTNews) - Indian shares eked out modest gains on Monday, with a weaker dollar and a decline in bond yields last week helping underpin investor sentiment.

Global cues were supportive after soft U.S. jobs and manufacturing data boosted hopes the Federal Reserve is nearing the end of its tightening cycle. Markets also cheered news of additional stimulus in China.

The benchmark S&P BSE Sensex rose 240.98 points, or 0.37 percent, to 65,628.14, extending gains for a second straight session.

The broader NSE Nifty index settled 93.50 points, or 0.48 percent, higher at 19,528.80.

Jio Financial Services, HCL Technologies, UltraTech Cement, Wipro and Coal India jumped 4-5 percent in the Nifty pack while Axis Bank, ITC, Nestle India and Mahindra & Mahindra all fell about 1 percent.

Railway stocks surged on heavy volumes, with IRFC climbing 20 percent, IRCTC adding 2.2 percent and Rail Vikas Nigam surging 11.5 percent after reports of a new plan of the Ministry of Railways to seek Cabinet approval for a Rs. 5.25 lakh crore investment program during fiscal years 2024-31 to improve rail connectivity to mining areas, cement plants, and consumption points.

IDFC First Bank jumped 5.8 percent after GQG Partners Emerging Markets Equity Fund, GQG Partners International Opportunities Fund bought a 2.6 percent stake in the lender through block deals on Friday.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 49 นาทีที่ผ่านมา
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 1 ชม. 4 นาทีที่ผ่านมา
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 1 ชม. 47 นาทีที่ผ่านมา
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1 ชม. 55 นาทีที่ผ่านมา
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 2 ชม. 4 นาทีที่ผ่านมา
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 2 ชม. 12 นาทีที่ผ่านมา
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 2 ชม. 34 นาทีที่ผ่านมา