Sensex, Nifty Rally On Fed Rate Pause Hopes

RTTNews | 677 gün önce
Sensex, Nifty Rally On Fed Rate Pause Hopes

(RTTNews) - Indian shares ended Tuesday's session sharply higher as the dollar and bond yields retreated on Fed rate pause hopes.

Top Fed officials indicated on Monday that rising bond yields and the resultant tightening of financial conditions might prompt the U.S. central bank to stand pat on interest rates until year-end.

Amid positive global sentiment, investors shrugged off a warning from the International Monetary Fund that the world economy is losing momentum in the face of higher interest rates, the ongoing war in Ukraine and widening geopolitical rifts.

The benchmark S&P BSE Sensex ended the session up 566.97 points, or 0.87 percent, at 66,079.36 with rate-sensitive auto, banks and financials leading the surge.

The broader NSE Nifty index settled 177.50 points, or 0.91 percent, higher at 19,689.85.

Coal India topped the gainers list to rise more than 5 percent while Hindalco, Kotak Mahindra Bank, Bharti Airtel and Adani Ports climbed 2-4 percent.

The rupee rose slightly against the dollar while gold and oil prices eased after rallying sharply the previous day.

read more
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine, and had "largely agreed". Asian markets closed mostly higher on Friday.
RTTNews | 26 dakika önce
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 1s 0 dakika önce
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 1s 36 dakika önce
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Monday, extending the gains in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 moving above the 43,500 level to fresh all-time highs, with gains in automakers and exporters partially offset by weakness in financial and technology stocks.
RTTNews | 1s 59 dakika önce
Indonesia Bourse May Extend Losing Streak

Indonesia Bourse May Extend Losing Streak

The Indonesia stock market on Friday snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Monday.
RTTNews | 2s 6 dakika önce
Hong Kong Shares May See Continued Consolidation On Monday

Hong Kong Shares May See Continued Consolidation On Monday

The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 340 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,270-point plateau and it may continue to sputter on Monday.
RTTNews | 2s 21 dakika önce
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is slightly higher on Monday after opening in the red, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with a mixed performance across most sectors.
RTTNews | 2s 33 dakika önce
China Bourse: Resistance Expected At 3,700 Points

China Bourse: Resistance Expected At 3,700 Points

The China stock market bounced higher again on Friday, one day after snapping the three-day winning streak in which it had gained almost 50 points or 1.4 percent. The Shanghai Composite Index now sits just beneath the 3,700-point plateau although it may had back those gains on Monday.
RTTNews | 2s 36 dakika önce