Indian indices rose slightly on Wednesday, helped by gains from their Asian peers, while metals and real estate stocks surged.
BSE Sensex hit another all-time high, adding 190 points, or 0.3%, to 56,100 levels, while Nifty was close to 16,700.
Asian markets traded mostly higher on Wednesday morning, followed by a positive session on Wall Street overnight as oil stocks surged. The Japanese and Chinese markets were in the green while South Korea and Hong Kong experienced some weakness mid-session.
All three major Wall Street indices ended positively overnight as the S&P 500 and Nasdaq Composite hit new all-time highs, ending up 0.5% and 0.2% respectively, while the Dow Jones Industrial Average ended almost flat with gains of 1%.
London’s FTSE 100 rose on Tuesday as commodity-related gains outweighed weakness in consumer staples and pharmaceutical stocks, as concerns eased over reduced central bank stimulus measures kept sentiment under control.
After falling 0.46%, the FTSE 100 index finished up 0.2%, helped by heavy mining stocks up 2.4%. Pharmaceuticals stocks limited the advances, however, which weakened 1.1 percent to become the losing sub-index.
Additional reports by agencies
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Source: www.independent.co.uk
This notice was published: 2021-08-25 05:06:58