Sensex, Nifty Marginally Higher In Early Trade

RTTNews | 742 days ago
Sensex, Nifty Marginally Higher In Early Trade

(RTTNews) - Indian shares were marginally higher on Monday after last week's brutal sell-off. A cautious undertone prevailed ahead of the crucial Union Budget on Feb. 1 and a slew of central bank policy meetings due this week.

The benchmark S&P/BSE Sensex was up 58 points, or 0.10 percent, at 59,388 in early trade while the broader NSE Nifty index was up 20 points, or 0.1 percent, at 17,625.

Bharti Airtel fell 1.3 percent after the release of TRAI subscriber data for November.

Adani Enterprises jumped almost 9 percent and Adani Ports surged 6.3 percent after the Adani Group issued a detailed rebuttal to the allegations of "stock manipulation and accounting malpractices" levelled by short seller Hindenburg Research.

Vedanta gained about 1 percent after it reported flat revenue growth year-on-year in Q3.

Bajaj Finance rallied 3.4 percent on reporting a 24 percent year-on-year increase in its Q3 net interest income.

Bajaj FinServ climbed 2 percent and Tech Mahindra added half a percent ahead of their earnings results due today.

read more
Indonesia Stock Market May Extend Losing Streak

Indonesia Stock Market May Extend Losing Streak

The Indonesia stock market has finished lower in three straight sessions, stumbling more than 320 points or 4.7 percent in that span. The Jakarta Composite Index now sits just above the 6,740-point plateau and it may take further damage on Monday.
RTTNews | 5h 13min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Monday after opening in the red, reversing the losses in the previous session, despite the broadly negative cues from Wall Street on Friday. The Nikkei 225 moving above the 38,800 level, despite weakness across most sectors led by index heavyweights and exporter stocks.
RTTNews | 5h 13min ago
China Shares May Open Under Water On Monday

China Shares May Open Under Water On Monday

The China stock market has moved higher in consecutive trading days, improving more than 70 points or 2.2 percent along the way. The Shanghai Composite Index now rests just above the 3,300-point plateau although it may spin its wheels on Monday.
RTTNews | 5h 43min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Monday, extending the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,500.00 level, with weakness in technology and financial stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 5h 45min ago
Australia Building Consents Rise 0.7% In December

Australia Building Consents Rise 0.7% In December

The total number of building permits issued in Australia was up a seasonally adjusted 0.7 percent on month in December, the Australian Bureau of Statistics said on Monday - coming in at 15,174.
RTTNews | 6h 5min ago
Taiwan Shares Seen Lower On Profit Taking

Taiwan Shares Seen Lower On Profit Taking

The Taiwan stock market has moved higher in four straight sessions, advancing more than 760 points or 3.4 percent in that span. The Taiwan Stock Exchange now rests just beneath the 23,480-point plateau although investors may lock in gains on Monday.
RTTNews | 6h 13min ago