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Sensex, Nifty Edge Higher In Cautious Trade

RTTNews | 17天前

Sensex, Nifty Edge Higher In Cautious Trade

(RTTNews) - Indian shares traded slightly higher on Friday, mirroring firm cues from global markets as traders hoped for favorable outcome from ongoing trade negotiations and comments by a Federal Reserve official bolstered odds that the central bank will cut interest rates as early as June.

The benchmark S&P BSE Sensex was up 137 points, or 0.2 percent, at 79,938 in early trade while the broader NSE Nifty index edged up by 17 points, or 0.1 percent, to 24,263.

Tech stocks such as TCS and Infosys were up over 1 percent.

Reliance Industries rose over 1 percent and Maruti Suzuki India added half a percent ahead of their earnings results due today.

IndusInd Bank was marginally higher after denying media reports that claimed it stopped acquiring new customers for its microfinance business.

Axis Bank tumbled 3.4 percent as the private sector lender indicated it may take a few more quarters for asset quality to improve.

Tech Mahindra dropped 1 percent after revenue in constant currency terms fell 1.5 percent for the March quarter.

L&T Technology Services plunged 5 percent after Q4 net profit slipped 3.5 percent year-on-year.

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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has moved higher in two straight sessions, collecting almost 600 points or 3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 21,130-point plateau and it's tipped to open in the green on Tuesday.

RTTNews | 29分钟前

Singapore Shares May Test Resistance At 3,900 Points

Singapore Shares May Test Resistance At 3,900 Points

Ahead of Monday's holiday for Wesak Day, the Singapore stock market had bounced higher again, one day after ending the five-day winning streak in which it had risen more than 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,875-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 59分钟前

Malaysia Bourse Tipped To Return To The Upside

Malaysia Bourse Tipped To Return To The Upside

Ahead of Monday's holiday for Wesak Day, the Malaysia stock market had moved higher in two of three trading days since ending the two-day slide in which it had slipped six points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,545-point plateau and it's likely to see additional support again on Tuesday.

RTTNews | 1小时29分钟前

Nikkei May Crack Resistance At 38,000 Points

Nikkei May Crack Resistance At 38,000 Points

The Japanese stock market has moved higher in three straight sessions, rallying more than 860 points or 2.3 percent along the way. The Nikkei 225 now sits just beneath the 37,650-point plateau and it may extend its gains again on Tuesday.

RTTNews | 1小时44分钟前

Tech Shares Likely To Power KOSPI

Tech Shares Likely To Power KOSPI

The South Korea stock market rebounded on Monday, one session after snapping the three-day winning streak in which it had risen more than 20 points or 0.8 percent. The KOSPI now sits just shy of the 2,610-point plateau and it may add to its winnings on Tuesday.

RTTNews | 1小时59分钟前

New Zealand Card Retail Sales Data Due On Tuesday

New Zealand Card Retail Sales Data Due On Tuesday

New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.

RTTNews | 2小时59分钟前

Pound Rises Against Most Majors

Pound Rises Against Most Majors

The pound advanced against its most major counterparts in the New York session on Monday.

RTTNews | 5小时33分钟前

TSX Remains Firmly Up Despite Coming Off Early Highs

TSX Remains Firmly Up Despite Coming Off Early Highs

The Canadian market remains in positive territory Monday afternoon as the mood remains fairly bullion amid easing concerns about tariffs following China and U.S. agreeing on a trade deal.

RTTNews | 7小时6分钟前

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