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Indian Shares Follow Global Peers Higher

RTTNews | 857 दिनों पहले

Indian Shares Follow Global Peers Higher

(RTTNews) - Indian shares followed global peers higher on Friday as U.S. Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to tame inflation.

The benchmark S&P/BSE Sensex rose nearly 300 points, or half a percent, to 59,984 in early trade, while the broader NSE Nifty index was up 92 points, or half a percent, at 17,891.

Among the top gainers, Adani Ports, Hindalco, Shree Cement, UPL and IndusInd Bank rallied 2-3 percent.

Mahindra & Mahindra was little changed after unveiling its first electric sports utility vehicle -- XUV 400.

Vodafone Idea gained 1.7 percent on reports that the government will acquire a stake in the debt-ridden telecom company after the stock price stabilizes at Rs.10 or above.

HDFC Bank edged up slightly after raising Rs 3,000 crore from bonds.

Tata Power rose half a percent. Tata Power Renewable Energy said it would set up a 100 MW solar power plant for Viraj Profile in Maharashtra.

Reliance Power slumped 6 percent after its board cleared a proposal to issue up to 60 crore equity shares and/or warrants at an issue price of Rs 15.55 per share.

NTPC rose over 1 percent on reports it has signed a pact with the armed forces to supply renewable energy power.

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Hong Kong Shares Tipped To Open To The Downside

Hong Kong Shares Tipped To Open To The Downside

The Hong Kong stock market has finished lower in five straight sessions, retreating more than 700 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 19,060-point plateau and it's expected to extend its misery when it opens on Monday.

RTTNews | 5घंटे 8 मिनट पहले

Lower Open Anticipated For China Stock Market

Lower Open Anticipated For China Stock Market

The China stock market has moved lower in two straight sessions, slumping more than 60 points or 2 percent in that span. The Shanghai Composite Index now sits just beneath the 3,170-point plateau and it's expected to see continued consolidation again on Monday.

RTTNews | 5घंटे 23 मिनट पहले

Taiwan Shares Likely To Start Under Water On Monday

Taiwan Shares Likely To Start Under Water On Monday

The Taiwan stock market has moved lower in three straight sessions, dropping almost 650 points or 2.7 percent along the way. The Taiwan Stock Exchange now sits just above the 23,010-point plateau and it's got another soft lead for Monday's trade.

RTTNews | 5घंटे 53 मिनट पहले

Losing Streak May Continue For Singapore Stock Market

Losing Streak May Continue For Singapore Stock Market

The Singapore stock market has finished lower in back-to-back sessions, giving away more than 85 points or 2.2 percent along the way. The Straits Tines Index now rests just above the 3,800-point plateau and it may take further damage again on Monday.

RTTNews | 6घंटे 23 मिनट पहले

Malaysia Bourse May Give Up Support At 1,600 Points

Malaysia Bourse May Give Up Support At 1,600 Points

The Malaysia stock market on Friday ended the two-day losing streak in which it had dropped almost 30 points or 1.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to open under pressure again on Monday.

RTTNews | 6घंटे 53 मिनट पहले

Continued Consolidation Called For South Korea Shares

Continued Consolidation Called For South Korea Shares

The South Korea stock market on Friday wrote a finish to the five-day winning streak in which it had surged more than 120 points or 4.8 percent. The KOSPI now sits just above the 2,515-point plateau and the losses may accelerate on Monday.

RTTNews | 7घंटे 23 मिनट पहले

China Trade Data Due On Monday

China Trade Data Due On Monday

China will on Monday release December figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 8घंटे 23 मिनट पहले

New Zealand Building Permits Rebound In November

New Zealand Building Permits Rebound In November

The number of building consents issued in New Zealand was up a seasonally adjusted 5.3 percent on month in November, Statistics New Zealand said on Monday - erasing the 5.2 percent decline in October.

RTTNews | 8घंटे 32 मिनट पहले

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