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Sensex, Nifty Little Changed; FMCG And Auto Shares Surge

RTTNews | 950 days ago

Sensex, Nifty Little Changed; FMCG And Auto Shares Surge

(RTTNews) - Indian shares were little changed in early trade on Wednesday despite weak cues from global markets.

Both the benchmark S&P BSE Sensex and the NSE Nifty index traded flat at 59,717 and 17,812, respectively.

Automakers and FMCG firms topped the gainers list, with Nestle India, Eicher Motor, Hero MotoCorp, Hindustan Unilever and Mahindra & Mahindra all rising over 1 percent. Financials, IT and oil stocks were seeing modest losses.

Central Bank of India soared 9 percent after the RBI took out the lender from the so-called PCA framework.

SpiceJet tumbled 3.3 percent on reports that the airline has decided to send around 80 pilots on leave without pay to 'rationalize' costs.

Yes Bank jumped 4 percent after its board approved the sale of $6 billion stressed debt to private equity firm JC Flowers.

Ambuja Cements and ACC fell about 1 percent each on news that the Adani Group has pledged shares valued at about $13 billion in the two cement firms.

Hero MotoCorp gained 1 percent after it partnered with HPCL to establish charging infrastructure for electric vehicles (EVs) in India.

Tata Steel added 1 percent on fund raising reports.

Zydus Lifesciences rose half a percent after launching Lenalidomide capsules in the United States.

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Tech Shares Likely To Boost Taiwan Stock Market

Tech Shares Likely To Boost Taiwan Stock Market

The Taiwan stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 600 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 19,875-point plateau and it's got a solid lead again for Monday's trade.

RTTNews | 10 minutes ago

Singapore Stock Market May Halt Its Slide On Monday

Singapore Stock Market May Halt Its Slide On Monday

The Singapore stock market has moved lower in two straight sessions, slumping almost 10 points or 0.3 percent in that span. The Straits Times Index now sits just under the 3,825-point plateau although it may find traction on Monday.

RTTNews | 40 minutes ago

Additional Support Anticipated For Malaysia Stock Market

Additional Support Anticipated For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, gathering almost 25 points or 1.4 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,510-point plateau and it's expected to add to its winnings again on Monday.

RTTNews | 1h 10min ago

Japan Stock Market May Extend Winning Streak

Japan Stock Market May Extend Winning Streak

The Japanese stock market has finished higher in three straight sessions, collecting almost 1,500 points or 4.2 percent along the way. The Nikkei 225 now sits just above the 35,700-point plateau and it's expected to open to the upside again on Monday.

RTTNews | 1h 25min ago

KOSPI May Extend Friday's Gains

KOSPI May Extend Friday's Gains

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had climbed more than 40 points or 1.6 percent. The KOSPI now sits just beneath the 2,550-point plateau and it may tick higher again on Monday.

RTTNews | 1h 40min ago

Hong Kong Export Data Due On Monday

Hong Kong Export Data Due On Monday

Hong Kong will on Monday see March figures for imports and exports, highlighting a very light day for Asia-Pacific economic activity.

RTTNews | 2h 40min ago

Swiss Franc Recovers Against Majors

Swiss Franc Recovers Against Majors

The Swiss franc recovered against its major counterparts in the New York session on Friday.

RTTNews | 2 days ago

Euro Advances Against Most Majors

Euro Advances Against Most Majors

The euro climbed against its most major counterparts in the New York session on Friday.

RTTNews | 2 days ago

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