Sensex, Nifty Modestly Higher; FMCG Stocks Underperform

RTTNews | vor 99 Tagen
Sensex, Nifty Modestly Higher; FMCG Stocks Underperform

(RTTNews) - Indian shares were seeing modest gains in early trade on Wednesday ahead of the Reserve Bank of India's (RBI's) monetary policy decision later in the day and TCS' quarterly earnings due Thursday.

Underlying sentiment was underpinned after Wall Street's major indexes staged a comeback overnight and oil prices fell from recent highs on concerns around China's economic outlook.

The benchmark S&P/BSE Sensex was up 163 points, or 0.2 percent, at 81,798 after rising 0.7 percent in the precious session to snap a six-session losing streak.

The broader NSE Nifty index was up 59 points, or 0.2 percent, at 25,072 after climbing 0.9 percent on Tuesday.

Bajaj Finance, Tech Mahindra, Tata Motors, Trent and Shriram Finance were up 2-3 percent while Nestle India fell around 3 percent and ONGC dropped 1.8 percent.

FMCG companies such as Britannia Industries, ITC and Hindustan Unilever fell 1-2 percent.

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Australian Market Trims Early Strong Gains In Mid-market

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The Australian stock market slightly trims early strong gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains is gold miners, technology and financial stocks.
RTTNews | vor 5Std 5 Minuten
Thai Shares Tipped To Open In The Green

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RTTNews | vor 5Std 48 Minuten
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The Indonesia stock market on Wednesday ended the two-day slide in which it had slumped more than 130 points or 1.8 percent. The Jakarta Composite Index now sits just beneath the 7,080-point plateau and it may extend its gains on Thursday.
RTTNews | vor 6Std 18 Minuten
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The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 400 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 19,300-point plateau and it may add to its winnings on Thursday.
RTTNews | vor 6Std 33 Minuten
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The Japanese stock market is significantly higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | vor 6Std 37 Minuten
Rebound Predicted For China Stock Market

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The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,225-point plateau although it's likely to move back to the upside on Thursday.
RTTNews | vor 6Std 48 Minuten
Australian Market Sharply Higher

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The Australian stock market is trading sharply higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains across most sectors led by technology and financial stocks.
RTTNews | vor 6Std 56 Minuten