Sensex, Nifty Snap Five-day Losing Streak

RTTNews | vor 99 Tagen
Sensex, Nifty Snap Five-day Losing Streak

(RTTNews) - Indian shares rose notably on Tuesday as oil prices fell from recent highs and the BJP overtook opposition Indian National Congress during the second phase of counting in Haryana, holding a lead with 50 seats compared to the Congress' 35.

Oil prices were down nearly 2 percent in European trade as China's National Development and Reform Commission pledged more measures to boost the Chinese economy but gave little in the way of details.

Also, concerns eased over potential oil supply disruptions, with investors awaiting greater clarity on how Israel will retaliate against Iran.

Some analysts say an attack on Iranian oil infrastructure is unlikely and oil prices could face considerable downward pressure if Israel focuses on any other target.

The benchmark 30-share BSE Sensex jumped 584.81 points, or 0.72 percent, to close at 81,634.81 ahead of the Reserve Bank of India's (RBI's) monetary policy decision due on Wednesday.

The broader NSE Nifty index settled at 25,013.15, up 217.40 points, or 0.88 percent, from its previous close.

Trent topped the gainers list to rise nearly 8 percent after launching its lab-grown diamond brand 'Pome'.

Mahindra & Mahindra, Adani Ports, Adani Enterprises and BEL rallied 4-5 percent.

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Malaysia Bourse Expected To Snap Losing Streak

Malaysia Bourse Expected To Snap Losing Streak

The Malaysia stock market has finished lower in three straight sessions, slipping more than 40 points or 2.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,560-point plateau although it may see support on Thursday.
RTTNews | vor 5Std 18 Minuten
Japan Shares May Stop The Bleeding On Thursday

Japan Shares May Stop The Bleeding On Thursday

The Japanese stock market has finished lower in five straight sessions, stumbling more than 1,630 points or 4.3 percent along the way. The Nikkei 225 now rests just beneath the 38,450-point plateau although it may find traction on Thursday.
RTTNews | vor 5Std 33 Minuten
Renewed Support Anticipated For South Korea Shares

Renewed Support Anticipated For South Korea Shares

The South Korea stock market ticked lower again on Wednesday, one day after ending the two-day slide in which it had fallen almost 35 points or 1.4 percent. The KOSPI now sits just beneath the 2,500-point plateau although it figures to bounce higher again on Thursday.
RTTNews | vor 5Std 48 Minuten
TSX Up Nearly 1% As Interest Rate Concerns Drop

TSX Up Nearly 1% As Interest Rate Concerns Drop

The Canadian market is up firmly in positive territory Wednesday afternoon as U.S. consumer price inflation data has raised hopes the Federal Reserve will lower interest rates in its next meeting, or in March 2025. Technology, real estate, financials and healthcare stocks notably higher. A few stocks from consumer staples, industrials and materials sectors are also up, while shares from the rest
RTTNews | vor 8Std 41 Minuten
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

After a weak start and a subsequent recovery, the Switzerland market suffered a mild setback around early afternoon on Wednesday, but recovered swiftly and climbed higher to end the day's session on a firm note. Encouraging U.S. and UK consumer price inflation data aided sentiment.
RTTNews | vor 10Std 10 Minuten
European Stocks Close On Firm Note On Encouraging Economic Data

European Stocks Close On Firm Note On Encouraging Economic Data

European stocks closed higher on Wednesday as investors reacted to some encouraging economic data, including consumer price inflation data from the U.K. and the U.S. The less than expected increase in U.S. consumer price inflation has raised hopes of rates cuts by the Federal Reserve.
RTTNews | vor 10Std 27 Minuten