Sensex, Nifty Extend Recent Gains; Financials And Tech Stocks Lead

RTTNews | 5h 25min ago
Stocktwits
Sensex, Nifty Extend Recent Gains; Financials And Tech Stocks Lead

(RTTNews) - Indian shares were notably higher in early trade on Monday despite mixed cues from global markets.

The benchmark S&P BSE Sensex was up 659 points, or 0.8 percent, at 79,912 as trading resumed after a long holiday weekend. The broader NSE Nifty index rose 170 points, or 0.7 percent, to 24,022.

IndusInd Bank surged 4.2 percent, extending gains for the fifth straight session. Bajaj FinServ, Infosys, Axis Bank, SBI and Tech Mahindra rallied 2-4 percent.

HCL Technologies climbed 1.8 percent, while Maruti Suzuki edged down slightly and HUL fell around 1 percent ahead of their quarterly results due this week.

Yes Bank jumped 4.4 percent as the private sector lender reported a 63.3 percent year-on-year (YoY) jump in quarterly net profit.

Stocktwits
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China Holds Benchmark Lending Rates As Expected

China Holds Benchmark Lending Rates As Expected

The People's Bank of China left its interest rates unchanged for the sixth successive session on Monday. The central bank retained its one-year loan prime rate at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was 3.60 percent, unchanged from the previous month. The decision matched expectations.
RTTNews | 4h 28min ago
Casely Recalls 429K Wireless Portable Power Banks

Casely Recalls 429K Wireless Portable Power Banks

Brookyln, New York-based Casely Inc. has recalled about 429,200 units of Wireless Portable Power Banks citing risks of fire and burn, according to the U.S. Consumer Product Safety Commission or CPSC. The recall involves Casely Power Pods 5000mAh portable MagSafe wireless phone charger with model number E33A.
RTTNews | 4h 54min ago
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are mostly higher on Monday after a long holiday weekend, with some markets still shut for Easter holiday, following the mixed cues from Wall Street on Thursday, amid progress in tariff discussions between the Trump administration and other major economies. The lack of direct trade negotiations between the US and China continued to weigh on market sentiment.
RTTNews | 7h 24min ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, reversing the gains in the previous session, following the mixed cues from Wall Street on Thursday, with the Nikkei 225 falling below 34,500 level, with weakness across most sectors led by exporters and financial stocks.
RTTNews | 9h 6min ago
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