Sensex, Nifty Extend Gains For Second Day Amid Volatile Trade

RTTNews | 735 days ago
Stocktwits
Sensex, Nifty Extend Gains For Second Day Amid Volatile Trade

(RTTNews) - Indian shares rose for a second straight session on Thursday, though overall gains remained limited as Adani Group stocks began trading lower again after a two-day recovery.

Global cues were mixed as investors digested hawkish comments from several Federal Reserve officials and positioned for a protracted period of high U.S. interest rates.

The benchmark S&P/BSE Sensex rose142.43 points, or 0.23 percent, to 60,806.22 amid volatility.

The broader NSE Nifty index settled 21.75 points, or 0.12 percent, higher at 17,893.45 after remaining range-bound for better part of the session.

IndusInd Bank, Asian Paints, HDFC Life, Hindalco and Bajaj FinServ all rose around 2 percent in the Nifty pack, while Adani Enterprises led losses to close down more than 11 percent.

Adani Ports lost about 3 percent while JSW Steel, Cipla and Hero MotoCorp fell 1-2 percent.

The rupee settled on a flat note while oil prices traded higher for a fourth straight session amid optimism over China's recovering demand.

Stocktwits
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Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 5h 30min ago
European Shares Seen Higher On Russia-Ukraine Peace Hopes

European Shares Seen Higher On Russia-Ukraine Peace Hopes

European stocks are likely to open higher on Thursday after U.S. President Donald Trump and Russian President Vladimir Putin have agreed to start talks to end the Ukraine War in a significant step towards resolving the conflict.
RTTNews | 6h 7min ago
European Economic News Preview: UK GDP Data Due

European Economic News Preview: UK GDP Data Due

Quarterly national accounts and foreign trade from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and trade deficit. The economy is forecast to shrink 0.1 percent sequentially in the fourth quarter after remaining flat in the third quarter.
RTTNews | 6h 40min ago
Sensex, Nifty Open Higher On RBI Rate Cut Bets

Sensex, Nifty Open Higher On RBI Rate Cut Bets

Indian shares opened on a firm note Thursday as signs of a slowing economy towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
RTTNews | 6h 57min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as data showing a bigger than expected increase in U.S. consumer price inflation raised speculation the US Fed will leave interest rates on hold for a prolonged period. Traders also remain cautious amid raising fears of a brewing global trade war and its impact on inflation.
RTTNews | 8h 4min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming early gains in mid-market moves on Thursday, but extends the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | 8h 54min ago
Thai Shares Expected To Return To The Downside

Thai Shares Expected To Return To The Downside

Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
RTTNews | 9h 40min ago
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