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Sensex, Nifty Modestly Higher In Early Trade; Metal Stocks Outperform

RTTNews | 851 days ago

Sensex, Nifty Modestly Higher In Early Trade; Metal Stocks Outperform

(RTTNews) - Indian shares opened a tad higher on Monday despite weak cues from the U.S. and European markets.

The benchmark S&P BSE Sensex edged up 205 points, or 0.3 percent, to 61,045 in early trade, while the broader NSE Nifty index was up 54 points, or 0.3 percent, at 18,159.

Tata Steel, Hindalco and SAIL climbed 2-3 percent after China announced to raise export duty on metals.

PNB gained 1.7 percent after hiking interest rates on savings accounts and fixed deposits.

Hero MotoCorp edged down slightly after it commenced deliveries of Vida V1 electric scooter.

Tata Motors added 1.7 percent after reporting a 14 percent increase in total sales for the December quarter.

Maruti Suzuki India rose half a percent after unveiling its monthly sales figures.

DLF rose about 1 percent on news it would take legal action against New Okhla Industrial Development Authority's (Noida) demand for payment of over Rs 234 crore in connection with a dispute over a parcel of land.

HG Infra Engineering gained 1 percent after it emerged as the lowest bidder for a DMRC (Delhi Metro Rail Corporation) project.

REC rallied 1.6 percent as it received board approval for the sale of its entire shareholding in WRSR Power Transmission to Adani Transmission.

Religare Enterprises jumped 2 percent after its NBFC arm Religare Finvest made a one-time settlement on outstanding dues with 16 lenders.

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Japan Jobless Rate Ticks Up To 2.5% In March

Japan Jobless Rate Ticks Up To 2.5% In March

The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Internal Affairs and Communications said on Friday.

RTTNews | 14 minutes ago

South Korea Inflation Rises 2.1% On Year In April

South Korea Inflation Rises 2.1% On Year In April

Consumer prices in South Korea were up 2.1 percent on year in April, Statistics Korea said on Friday.

RTTNews | 25 minutes ago

Malaysia Stock Market Tipped To Open In The Green

Malaysia Stock Market Tipped To Open In The Green

Ahead of Thursday's Labor Day holiday, the Malaysia stock market had bounced higher again - one session after snapping the four-day winning streak in which it had gathered more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it may add to its winnings again on Friday.

RTTNews | 39 minutes ago

Japan Shares May See Additional Support On Friday

Japan Shares May See Additional Support On Friday

The Japanese stock market has finished higher in six straight sessions, rallying almost 2,250 points or 6.2 percent along the way. The Nikkei 225 now sits just above the 36,450-point plateau and it's expected to open higher again on Friday.

RTTNews | 54 minutes ago

Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

Ahead of Thursday's Labor Day holiday, the South Korea stock market had ended the three-day winning streak in which it had climbed more than 40 points or 1.7 percent. The KOSPI now sits just above the 2,555-point plateau although it's expected to bounce higher again on Friday.

RTTNews | 1h 9min ago

New Zealand Building Consents Climb 9.6% In March

New Zealand Building Consents Climb 9.6% In March

The total number of building permits issued in New Zealand was up a seasonally adjusted 9.6 percent on month in March, Statistics New Zealand said on Friday - up sharply from the 0.7 percent increase in February.

RTTNews | 1h 15min ago

Australia Data Due On Friday

Australia Data Due On Friday

Australia will on Friday release Q1 figures for producer prices and March numbers for retail sales, highlighting a busy day for Asia-Pacific economic activity.

RTTNews | 2h 9min ago

Pound Rises Against Most Majors

Pound Rises Against Most Majors

The pound firmed against its most major counterparts in the New York session on Thursday.

RTTNews | 6h 16min ago

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