Sensex, Nifty Open Higher On Firm Global Cues

RTTNews | 6h 29min ago
Stocktwits
Sensex, Nifty Open Higher On Firm Global Cues

(RTTNews) - Indian shares opened on a buoyant note Monday, mirroring firm cues from global markets.

The benchmark 30-share BSE Sensex was up 460 points, or 0.6 percent, at 74,289 in early trade while the broader NSE Nifty index edged up by 156 points, or 0.7 percent, to 22,553.

IndusInd Bank jumped 4.5 percent after the RBI reassured customers of the bank's stability.

Bajaj FinServ, Mahindra & Mahindra, SBI Life and Dr Reddy's Laboratories all surged around 3 percent while BPCL, HCL Technologies and Nestle India all fell around 1 percent.

Tata Motors rallied 1.5 percent on fund raising reports.

Welspun Specialty Solutions climbed 3.5 percent on securing a contract worth Rs 231.78 crore from BHEL.

Muthoot Finance surged 4.6 percent. The company said it has surpassed Rs 1 trillion in assets under management (AUM).

KEC International soared 5.5 percent on winning new orders worth Rs 1,267 crore across its businesses.

Zydus Lifesciences advanced 1.6 percent after receiving final approval from the U.S. drug regulator to manufacture Eluxadoline Tablets (75 mg and 100 mg) for the treatment of irritable bowel syndrome with diarrhoea (IBS-D).

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China Industrial Output, Retail Sales Rise More Than Forecast

China Industrial Output, Retail Sales Rise More Than Forecast

China's industrial production and retail sales expanded more than expected in the January to February period driven by fiscal stimulus but the property market remained a drag on the economy. Industrial production registered an annual growth of 5.9 percent but slower than the 6.2 percent rise in December, data from the National Bureau of Statistics showed Monday.
RTTNews | 4h 38min ago
European Shares Poised For Firm Opening

European Shares Poised For Firm Opening

European stocks may open on a positive note Monday after U.S. stocks rallied to their best day in months on Friday amid moves by the Senate to prevent a possible partial shutdown of the U.S. government.
RTTNews | 5h 16min ago
Small Bites Macaroni & Cheese, Jinga Glass Noodles Recalled For Undeclared Eggs

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The U.S. Food and Drug Administration has announced the recalls of 365 Whole Foods Market Small Bites Macaroni & Cheese as well as Jinga Glass Noodles with Vegetables citing the possible presence of undeclared eggs, a known allergen. San Antonio, Texas-based C.H. Guenther & Son LLC's recalled Small Bites Macaroni & Cheese also contain meat ingredients.
RTTNews | 5h 37min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, and as markets react positively to China unveiling a special action plan over the weekend to revive consumption and to boost the stock and real estate market. The ongoing concerns about the impact of President Donald Trump's trade policies are hurting market sentiment.
RTTNews | 7h 20min ago
Australian Market Is Trimming Early Gains In Mid-market

Australian Market Is Trimming Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 7,800.00 level, with gains across most sectors led by iron ore miners and technology stocks. Gold stocks are the only weak spot.
RTTNews | 8h 5min ago
Thai Stock Market May Add To Its Winnings On Monday

Thai Stock Market May Add To Its Winnings On Monday

The Thai stock market on Friday wrote a finish to the two-day slide in which it had stumbled almost 30 points or 2.4 percent. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it figures to open in the green again on Monday.
RTTNews | 8h 54min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 37,500 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 9h 14min ago
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