Sensex, Nifty Extend Winning Run For Second Day

Indian shares rose notably on Thursday ahead of a long holiday weekend. Financial companies topped the gainers list after the Reserve Bank of India (RBI) modified the norms for their investment in alternative investment funds (AIF). The benchmark S&P BSE Sensex jumped 655.04 points, or 0.90 percent, to 73,651.35 amid a broad-based rally on the...

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NZ Dollar Drops Against Most Majors

The New Zealand dollar weakened against most major currencies in the European session on Thursday. The NZ dollar fell to more than 4-month lows of 0.5957 against the U.S. dollar and 1.8098 against the euro, from early highs of 0.6004 and 1.8028, respectively. Against the yen, the kiwi slipped to nearly a 2-month low of...

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Pound Slides Amid BoE Rate Cut Speculation

The British pound weakened against most major currencies in the European session on Thursday, in the wake of dovish comments from BoE\'s Bailey about rate cuts. In an interview, the Bank of England Governor Andrew Bailey said market expectations for rate cuts this year are not unreasonable. About the inflation outlook, Bailey said \"We are...

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Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Wednesday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,700 level, with gains across most sectors led by exporters and financial stocks. The benchmark Nikkei 225 Index is...

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Sensex Gains 526 Points; Nifty Tops 22,100

Indian shares rose notably on Wednesday despite mixed cues from global markets. Underlying sentiment remained supported somewhat as crude prices extended declines for a second day running on data showing a significant surge in crude stockpiles in the United States, the world\'s largest consumer of oil. Rate-sensitive bank and auto stocks as well as heavyweight...

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