Sensex, Nifty Follow Global Peers Higher; Metal Stocks Shine

RTTNews | 698 hari yang lalu
Sensex, Nifty Follow Global Peers Higher; Metal Stocks Shine

(RTTNews) - Indian shares rose notably on Tuesday despite uncertainty surrounding the U.S. presidential election and continued foreign fund outflows.

The final NBC News poll of the U.S election indicates the race is neck and neck with Vice President Kamala Harris and former President Donald Trump tied at 49 percent.

The time of announcing results can vary based on how small the winning margin is, when mail-in ballots can be counted and when polls close.

The benchmark S&P/BSE Sensex jumped 694.39 points, or 0.88 percent, to close at 79,476.63 following its steepest decline in a month the previous day.

The broader NSE Nifty index settled 217.95 points, or 0.91 percent, higher at 24,213.30 after staging a smart recovery in the afternoon session.

The uptrend was driven by strong gains in financials and metal stocks on the back of positive cues from Asia and Europe following news that Iran and Israel may be open to ceasefire talks.

Axis Bank, Bajaj Auto, Hindalco, Tata Steel and JSW Steel surged 3-5 percent in the Nifty pack while Asian Paints, Adani Ports and Trent fell 1-2 percent.

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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, climbing more than 820 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just above the 48,475-point plateau and it may see mild upside again on Monday.
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Singapore Stock Market May Find Traction On Monday

Singapore Stock Market May Find Traction On Monday

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Malaysia Bourse May Extend Friday's Gains

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Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

The Japan stock market on Friday snapped the two-day winning streak in which it had surged almost 3,500 points or 5.6 percent. The Nikkei 225 now sits just above the 68,300-point plateau although it may bounce higher again on Monday.
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Singapore Retail Sales Data Due On Monday

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Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

Save for a few minutes at the start, the Switzerland market's benchmark index SMI stayed positive on Friday as lower oil prices and bond yields helped underpin sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.
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Canadian Market Remains Firmly Up In Positive Territory

Canadian Market Remains Firmly Up In Positive Territory

The Canadian market is up firmly in positive territory around noon on Friday thanks to weak oil prices and lower bond yields aiding sentiment. Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.
RTTNews | 2 hari yang lalu