Sensex Tops 64,350 On Rate Optimism; Nifty Ends At 19,230

RTTNews | 576 gün önce
Sensex Tops 64,350 On Rate Optimism; Nifty Ends At 19,230

(RTTNews) - Indian shares eked out modest gains on Friday to extend Thursday's rally on optimism that major central banks including the Federal Reserve, Bank of England and the European Central Bank are nearly done with interest rate hikes.

The upside was capped after oil prices rose sharply on Thursday amid reports that Israeli troops encircled Gaza City and that a cease-fire wasn't on the table.

Investors also awaited cues from the U.S. jobs report due later in the day, expected to show a slowdown in hiring for October.

The benchmark S&P BSE Sensex ended the session up 282.88 points, or 0.44 percent, at 64,363.78, reflecting improved risk sentiment globally.

The broader NSE Nifty index settled 97.35 points, or 0.51 percent, higher at 19,230.60.

Apollo Hospitals Enterprise topped the gainers list to surge 5.3 percent while LTIMindTree, Titan Company, Eicher Motors and Adani Ports rallied 2-3 percent.

Bayer CropScience soared 6.5 percent after Q2 profit grew 37 percent to beat estimates.

Raymond gained 2.7 percent after it announced the acquisition of 59.25 percent stake in Maini Precision Products (MPPL) for Rs 682 crore funded by a mix of debt and internal accruals.

Bajaj FinServ led losses to close 2.8 percent lower, followed by SBI Life, Dr Reddy's Laboratories, IndusInd Bank and Bajaj Finance.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending to its early losses in mid-market trading on Monday, adding to the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,450.00 level, with weakness across most sectors led by in iron ore miners and technology stocks.
RTTNews | 1s 42 dakika önce
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, amid rising concerns about the uncertainty surrounding US President Donald Trump's tariff plans. Trump accused China of violating the trade agreement reached last month. Trump has also announced that import tariffs on steel and aluminum will double to 50 percent starting June 4.
RTTNews | 1s 57 dakika önce
Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

Indian shares may drift lower on Monday as investors once again grapple with capricious headlines around Donald Trump's trade regime.
RTTNews | 2s 36 dakika önce
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,550 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | 3s 30 dakika önce
Losses May Accelerate For Indonesia Stock Market

Losses May Accelerate For Indonesia Stock Market

Ahead of the long holiday weekend for the Ascension, the Indonesia stock market had moved lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. The Jakarta Composite Index now rests just above the 7,175-point plateau and it's likely to open to the downside again on Monday.
RTTNews | 3s 33 dakika önce
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,400.00 level, with weakness across most sectors led by in iron ore miners and technology stocks. Gold miners are the only bright spot.
RTTNews | 3s 47 dakika önce
Hong Kong Bourse May Extend Friday's Losses

Hong Kong Bourse May Extend Friday's Losses

The Hong Kong stock market has alternated between positive and negative finishes through the last seven 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 23,290-point plateau and it's tipped to open lower again on Monday.
RTTNews | 4s 3 dakika önce