Sensex, Nifty Finish Marginally Higher As Banks Climb

RTTNews | 950 gün önce
Sensex, Nifty Finish Marginally Higher As Banks Climb

(RTTNews) - Indian shares gave up early gains to end on a flat note Friday as strong earnings updates, including from Axis Bank, were offset by weak global cues.

The benchmark S&P BSE Sensex closed up 104.25 points, or 0.18 percent, at 59,307.15, extending gains for a sixth straight session.

The broader NSE Nifty index gained 12.35 points, or 0.07 percent, to settle at 17,576.30.

Shares of private sector lender Axis Bank soared 9.5 percent after a robust earnings report.

Hindustan Unilever, SBI Life, Kotak Mahindra Bank and ICICI Bank all climbed around 2 percent.

The Bajaj twins led losses, with Bajaj Finance losing 3.4 percent and Bajaj FinServ falling 2.5 percent.

The rupee inched up against the dollar but posted its sixth weekly decline as global bond yields climbed in response to hawkish Fed comments.

Philadelphia Federal Reserve President Patrick Harker said on Thursday that rate hikes will continue "for a while" to combat inflation.

Germany's 10-year bond yields hit a fresh 11-year high amid expectations that the European Central Bank (ECB) will raise interest rates sharply again next week.

read more
Thai Shares May Take Further Damage On Thursday

Thai Shares May Take Further Damage On Thursday

The Thai stock market has tracked lower in two straight sessions, slipping almost 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just above the 1,160-point plateau and it's expected to open to the downside again on Thursday.
RTTNews | 11 dakika önce
Lower Open Anticipated For Hong Kong Stock Market

Lower Open Anticipated 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 two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,260-point plateau and it's tipped to open under pressure again on Thursday.
RTTNews | 26 dakika önce
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy, financial and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 37 dakika önce
China Shares May Open Under Pressure On Thursday

China Shares May Open Under Pressure On Thursday

The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
RTTNews | 41 dakika önce
Renewed Selling Pressure Expected For Taiwan Shares

Renewed Selling Pressure Expected For Taiwan Shares

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
RTTNews | 1s 11 dakika önce
Singapore Bourse May Run Out Of Steam On Thursday

Singapore Bourse May Run Out Of Steam On Thursday

The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
RTTNews | 1s 41 dakika önce
Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.
RTTNews | 2s 11 dakika önce
Japan Stock Market May Extend Wednesday's Losses

Japan Stock Market May Extend Wednesday's Losses

The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
RTTNews | 2s 26 dakika önce