Asian Stocks Rose On Thursday On Hopes For A Thaw In US-China Trade

Asian stocks rose on Thursday on hopes for a thaw in US-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% and Japan's Nikkei stock index rose 1%. Australian shares were up 0.41%.

Wall Street was led higher by tariff-sensitive technology and industrial stocks on Wednesday after China extended an olive branch ahead of next month's trade negotiations with the United States.

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YES Bank Rallied Over 5 Percent On 11 September Largely On Reports

YES Bank rallied over 5 percent on 11 September largely on reports which suggest that Yes Bank’s Rana Kapoor is in talks with Paytm to sell his stake in the bank he co-founded.

L&T bags order: The buildings and factories business of L&T Oman has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat.

Tata Motors gains 4%: Share price of Tata Motors rose 4.5 percent on September 11 after company's retail sales in China continued to recover as the company's local turnaround plan gathered momentum.

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Wall Street Ends Mixed: The S&P 500 Ended Little Changed On Tuesday

Wall Street ends mixed: The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favoured value over growth.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 45 points or 0.41 percent. Nifty futures were trading around 11,016-level on the Singaporean Exchange.

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The Sensex Is Down 151.08 Points Or 0.41% At 36830.69, And The Nifty Down 42.40 Points

The Sensex is down 151.08 points or 0.41% at 36830.69, and the Nifty down 42.40 points or 0.39% at 10903.80. About 375 shares have advanced, 369 shares declined, and 55 shares are unchanged.

Asian Paints Indiabulls Housing, UPL and Sun Pharma and Cipla, are among major gainers on the indices, while losers are Maruti Suzuki, Tata Motors, Eicher Motors, M&M, Hero MotoCorp, HDFC Bank, Kotak Mahiondra Bank, Axis Bank and JSW Steel, Yes Bank, TCS and Bajaj Finance.

Among sectors, except pharma other indices are trading lower led by auto, metal, energy, bank and IT.

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Asian Stocks Eked Out Modest Gains On Monday

Asian stocks eked out modest gains on Monday, amid a cautious market mood as investors pinned expectations on likely stimulus to support growth in the world’s major economies, which showed further signs of struggle.

Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 15.50 points or 0.14 percent. Nifty futures were trading around 10,975-level on the Singaporean Exchange.

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Tech Mahindra Gains 5% On Multi Year Deal With AT&T

Shares of Tech Mahindra gained 5 percent as company expanded its strategic collaboration with AT&T to accelerate AT&T’s IT network application, shared systems modernization and movement to the cloud.

Share price of Power Finance Corporation and REC rose nearly 5 percent on September 6 after broking house CLSA has upgraded the stocks from sell to buy.

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The Sensex Is Up 152.84 Points At 36797.26, While Nifty Up 36.50 Points At 10,884.40

The Sensex is up 152.84 points at 36797.26, while Nifty up 36.50 points at 10,884.40. About 386 shares have advanced, 199 shares declined, and 20 shares are unchanged.

PFC, REC, SBI, Bajaj Finance, Tech Mahindra. Tata Motors, Infosys, Vedanta, Bharti Airtel, are among major gainers on the indices, while losers are DLF, JSPL, Indiabulls Housing, Sun Pharma, HDFC Bank and Yes Bank.

Among sectors, except metal and pharma other indices are trading higher led by the IT, auto, infra, FMCG and bank. Midcap and smallcap are trading marginally higher.

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