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Sensex jumps 944 points on value-buying in oil, auto, banking stocks
Rediff· 2026-02-02 11:26
A sharp decline in global crude oil prices offered relief to the markets.Photograph: Shailesh Andrade/ReutersKey PointsDuring the day BSE surged 1,009.31 points, NSE advanced 282.65 pointsRevenue from the agribusiness segment rose 6.4 per centForeign institutional investors offloaded equities worth Rs 588.34 crore on SundayStock markets rebounded on Monday with benchmark Sensex jumping by 944 points on value buying in blue-chip oil & gas, banking and auto shares after facing a massive drubbing on the Budget ...
Japan's Nikkei rises as US government shutdown ends, Topix posts record high
The Economic Times· 2025-11-13 07:26
Market Performance - The Nikkei rose 0.43% to close at 51,281.83, while the Topix increased by 0.67% to an all-time high of 3,381.72, marking a fourth consecutive session of gains [1][5] - The utility sector jumped 3.08%, and the brokerage sector rose 2.08% [4][5] Company Movements - Advantest, a chip-related company, rose 4.24%, becoming the largest contributor to the Nikkei's gain [5] - Fujikura, a fibre optic maker, advanced 3.16%, while Furukawa Electric and Sumitomo Electric saw significant increases of 12.23% and 7%, respectively [1][5] - SoftBank Group fell 3.38%, weighing the most on the Nikkei [5] - Bank shares experienced gains, with Mitsubishi UFJ Financial Group climbing 2%, and Sumitomo Mitsui Financial Group and Mizuho Financial Group gaining 1.19% and 2.55%, respectively [5] Investment Trends - Investors have started buying value stocks, reflecting a trend similar to that in the U.S. [4][5] - Money is flowing into broader stocks and sectors in Japan, indicating a shift in investment strategy [4][5] - Of the more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 59% rose, 37% fell, and 3% traded flat [5]