Stocks rose modestly in morning trading on Wall Street Tuesday, making up some of the ground they lost in a sharp pullback a day earlier. The S&P 500 rose 0.2per cent as of 10:13 a.m. Eastern. The Dow Jones Industrial Average rose 135 points, or 0.4per cent, to 34,099 and the Nasdaq rose 0.2per cent. Health care companies helped lead the broader market higher. Johnson & Johnson rose 1.2per cent after reporting that a booster of its one-shot coronavirus vaccine provides a stronger immune response months after people receive a first dose. Technology companies also made gains in a reversal from Monday, when the sector slumped. The yield on the 10-year Treasury held steady at 1.31per cent. European markets were also higher, and Asian markets mostly rose. Chinese markets remained closed for a holiday. The market sell-off on Monday was prompted in part by worries about heavily indebted Chinese real estate developers and the damage they could do if they default and send ripple ...
Only 10 stocks from the Nifty basket closed in the red
Only six of 30 Sensex stocks ended in the green, mainly from the FMCG and financial space
BEIJING/HONG KONG (Reuters) - China's sweeping regulatory crackdown of recent months does not aim to rein in the country's private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week.
On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week
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RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished
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Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday
August CPI grows at slowest pace in six months; energy, financials retreat from early gains
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
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However, healthy buying in the broader market kept overall market breadth in the favour of the buyers
The S&P 500 has gone 34 days without rising 1% in any of them
In the two decades since terrorists destroyed Twin Towers, downtown Manhattan has undergone a transformation, drawing in residents to luxury condos while office buildings have struggled to keep tenant
Airtel, Nestle India, TCS and ITC contributed the most to gains for the benchmark indices
Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
The domestic benchmark indices extended their gains to the third day in a row on Monday
The BSE MidCap index closed 0.35 per cent higher after hitting a new peak of 24,454 in the intra-day deals