Sensex Soars 730 Points; Nifty Tops 17,800

RTTNews | 848 days ago
Sensex Soars 730 Points; Nifty Tops 17,800

(RTTNews) - Indian shares were sharply higher on Tuesday amid strength across global markets as a two-day policy meeting of the Federal Reserve gets underway later today.

The benchmark S&P BSE Sensex climbed 730 points, or 1.2 percent, to 59,870 in early trade, while the broader NSE Nifty index was up 224 points, or 1.3 percent, at 17,845.

Among the top gainers, Eicher Motors, Adani Ports, Hindalco, IndusInd Bank and Tata Motors all jumped around 3 percent.

Adani Green rallied 2.5 percent after commissioning a 325-MW wind power project in Madhya Pradesh.

Dish TV soared 6.5 percent, a day after its chairman Jawahar Lal Goel stepped down from the company's board.

Advanced Enzyme Technologies jumped 14.4 percent after Nalanda Equity Fund bought a 2.6 percent stake in the company.

Adani Enterprises added 1.6 percent. The company has raised Rs 100 crore via allotment of 1,000 non-convertible debentures on a private placement basis.

Natco Pharma: gained 2.3 percent. The pharma firm has received a court order allowing it to launch insecticide Chlorantraniliprole (CTPR) and its formulations.

read more
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to make more significant moves ahead of a more closely watched report on US consumer price inflation later in the day that could influence the US Fed's rate trajectory. Asian markets closed mostly higher on Tuesday.
RTTNews | 6h 33min ago
Australian Market Trims Gains In Mid-market

Australian Market Trims Gains In Mid-market

The Australian stock market is trimming its gains in mid-market trading on Wednesday, but expending the gains in the previous session, with the benchmark S&P/ASX 200 index still staying well above the 8,200.00 level, with gains in mining and financial stocks nearly offset by weakness in technology and energy stocks.
RTTNews | 6h 55min ago
Thai Stock Market Expected To Open Higher On Wednesday

Thai Stock Market Expected To Open Higher On Wednesday

The Thai stock market has finished lower in two straight sessions, sinking more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it's due for support on Wednesday.
RTTNews | 7h 55min ago
Indonesia Bourse May Stop The Bleeding On Wednesday

Indonesia Bourse May Stop The Bleeding On Wednesday

The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
RTTNews | 8h 25min ago
Additional Support Tipped For Hong Kong Shares

Additional Support Tipped For Hong Kong Shares

The Hong Kong stock market on Tuesday ended the six-day losing streak in which it had tumbled almost 900 points or 4.7 percent. The Hang Seng Index now sits just beneath the 19,220-point plateau and it may add to its winnings on Wednesday.
RTTNews | 8h 40min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to be just below the 38,500 level, with gains in gains across most sectors led by financial stocks. Technology stocks were the only weak spot.
RTTNews | 8h 42min ago