Sensex, Nifty See Modest Gains After Two Days Of Losses

RTTNews | 762 days ago
Stocktwits
Sensex, Nifty See Modest Gains After Two Days Of Losses

(RTTNews) - Indian shares opened slightly higher on Friday after two days of losses.

The benchmark S&P BSE Sensex rose 15 points, or 0.3 percent, to 60,508 while the broader NSE Nifty index was up 48 points, or 0.3 percent, at 18,040.

While firm cues from Asian lent some support, gains in the dollar index in overseas markets and rising Treasury yields served to limit the upside.

IDBI Bank jumped 3 percent. Market regulator SEBI has allowed the government's shareholding in the bank to be reclassified as "public" after its stake sale.

Reliance Industries rose over 1 percent. Its telecom arm Jio has signed an agreement to be the official mobile communications network partner of British football club Manchester City in India.

Vodafone Idea fell about 1 percent. Equity conversion by the government is a complex issue which is under discussion, Minister of Communications Ashwini Vaishnaw said. Mahindra & Mahindra Financial Services dropped half a percent. The RBI has lifted restrictions imposed on loan recovery via outsourcing.

Stocktwits
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South Korea Has $12.37 Billion Current Account Surplus

South Korea Has $12.37 Billion Current Account Surplus

South Korea posted a current account surplus of $12.37 billion in December, the Bank of Korea said on Thursday - up from the upwardly revised $10.05 billion surplus in November (originally $9.30 billion).
RTTNews | 5h 26min ago
Malaysia Bourse May Add To Its Gains On Thursday

Malaysia Bourse May Add To Its Gains On Thursday

The Malaysia stock market has moved higher in two straight sessions, gathering more than 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,575-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 5h 41min ago
Japan Stock Market Tipped To Open In The Green On Thursday

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The Japanese stock market has moved higher in two straight sessions, improving more than 310 points or 0.8 percent along the way. The Nikkei 225 now sits just above the 38,830-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 5h 42min ago
South Korea Shares May See Additional Support On Thursday

South Korea Shares May See Additional Support On Thursday

The South Korea stock market has tracked higher in back-to-back sessions, advancing more than 50 points or 2 percent along the way. The KOSPI now rests just beneath the 2,510-point plateau and it may extend its gains again on Thursday.
RTTNews | 5h 44min ago
TSX Ends On Buoyant Note

TSX Ends On Buoyant Note

The Canadian market closed on a firm note on Wednesday with stocks from across several sectors as investors digested the latest batch of economic data and assessed the impact of US-China tensions on the global economy.
RTTNews | 5h 50min ago
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release December data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In November, imports were up 1.7 percent on month and exports rose 4.8 percent for a trade surplus of A$7.079 billion.
RTTNews | 6h 27min ago
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