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Asian markets close higher

WorldNews Monday, 19 October 2020
Asian markets close higherJapanese Nikkei 225, Hang Seng and Taiwan Weighted closed over 1% higher. ......
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Hang Seng Index Hang Seng Index Stock market index in Hong Kong

Equity indices close higher after RBI keeps key rates unchanged [Video]

Equity indices close higher after RBI keeps key rates unchanged

Equity benchmark indices maintained an upward trajectory on Friday after the Reserve Bank of India's (RBI) kept repo rate unchanged and continued with accommodative stance. Though the central bank sees FY21 GDP contracting by 9.5 per cent and may turn positive in Q4, several market experts said many measures have been introduced to maintain comfortable liquidity conditions. The BSE SandP Sensex closed 327 points or 0.81 per cent higher at 40,509 while the Nifty 50 gained by 80 points or 0.67 per cent at 11,914. Among stocks, State Bank of India rose by 3.6 per cent to Rs 198.55 per share. Private lenders ICICI Bank, Axis Bank and HDFC Bank ticked up by 4 per cent, 3.7 per cent and 3.6 per cent respectively. IT major Wipro was up by 4.4 per cent to Rs 375.25 per share while infrastructure conglomerate Larsen and Toubro advanced by 3.3 per cent to close at Rs 910.05 per unit. However, those which lost were Grasim, Hindalco, Sun Pharma, Nestle India, Britannia and Tata Motors. Meanwhile, Asian shares were mixed as revived hopes for a US stimulus deal eclipsed weaker-than expected jobs data. Nikkei dipped by 0.12 per cent while Hong Kong's Hang Seng was down by 0.31 per cent. But South Korea's Kospi rose by 0.21 per cent.

Credit: ANI    Duration: 01:15Published
Equities trim early gains but close in green, Wipro spurts 7.3% [Video]

Equities trim early gains but close in green, Wipro spurts 7.3%

Equity benchmark indices shaved off early gains but closed in the positive zone on Thursday following a rally in IT stocks amid dynamic global cues. The BSE SandP Sensex closed 304 points or 0.76 per cent at 40,183 while the Nifty 50 gained by 96 points or 0.83 per cent at 11,835. Tata Consultancy Services rose by 3 per cent to Rs 2,819 per share after reporting 6.6 per cent sequential growth to Rs 7,475 crore in the July to September quarter. It also decided to buy back up to 2.2 billion dollars in shares. HCL Technologies and Infosys were up by 2.6 per cent each. Pharma major Cipla ticked up by 4.9 per cent, Sun Pharma by 2.3 per cent and Dr Reddy's by 1.9 per cent. However, energy majors GAIL and ONGC dipped by 3 per cent and 2.8 per cent respectively. Eicher Motors, ITC, Asian Paints and Reliance Industries too traded with a negative bias. Meanwhile, Asian shares climbed to a one-month high as renewed hopes for more US stimulus helped restore investor confidence. Japan's Nikkei added 0.96 per cent while South Korea's Kospi moved up by 0.21 per cent. But Hong Kong's Hang Seng fell by 0.56 per cent.

Credit: ANI    Duration: 01:19Published

Taiwan Taiwan Country in East Asia

Fighting erupts in the Taiwanese parliament over meat imports [Video]

Fighting erupts in the Taiwanese parliament over meat imports

Lawmakers emphasised their point by throwing pig's guts at each other.View on euronews

Credit: euronews (in English)    Duration: 00:50Published

Taiwan lawmakers throw pig guts and punches

Taiwan's opposition legislators exchanged blows in a heated row over the easing of US pork imports.
BBC News

Pig guts fly as Taiwan lawmakers brawl over US pork imports

Opposition legislators hurled the intestines in a bitter dispute over the easing of US pork imports.
BBC News

China War Talk Escalates As U.S. Helps Taiwan Build Homemade Submarines

The Chinese Communist Party's hawkish tabloid newspaper "Global Times" said the People's Liberation Army's frequent military drills were meant as more than just..
WorldNews
China will respond to U.S. admiral visit to Taiwan [Video]

China will respond to U.S. admiral visit to Taiwan

China will respond to the reported visit of a U.S. Navy admiral to Taiwan and firmly opposes any military relations between Taipei and Washington, the Chinese Foreign Ministry said.

Credit: Reuters Studio    Duration: 00:47Published

Nikkei 225 Nikkei 225 Japanese stock market index

Tokyo's Nikkei ends up 2.5% as Biden gets transition help

Tokyo's Nikkei index closed up 2.50% on Tuesday after US President Donald Trump dropped opposition to government aid for Joe Biden's transition team, with..
WorldNews
Sensex spurts by 600 points, financial and auto stocks gain [Video]

Sensex spurts by 600 points, financial and auto stocks gain

Equity benchmark indices witnessed smart gains on Tuesday led by a jump in financial, private bank and auto stocks while Asian stock markets rose to a two-week high. The bounce on bourses came after US President Donald Trump was discharged from hospital following treatment for Covid-19 and prospects for a fresh US stimulus package appeared to brighten. The BSE SandP Sensex closed 601 points or 1.54 per cent higher at 39,575 while the Nifty 50 gained by 159 points or 1.38 per cent at 11,662. Sectoral indices at the National Stock Exchange were mixed with Nifty financial service moving up by 3.1 per cent, private bank by 2.3 per cent and auto by 1.2 per cent. One of his doctors though cautioned that he may not be out of the woods yet. Japan's Nikkei added 0.52 per cent while Hong Kong's Hang Seng moved up by 0.9 per cent and South Korea's Kospi advanced by 0.34 per cent.

Credit: ANI    Duration: 01:11Published

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