India, May 7 -- The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.
The benchmark S&P/ASX 200 Index is gaining 12.20 points or 0.15 percent to 8,190.50, after hitting a low of 8,154.80 earlier. The broader All Ordinaries Index is up 20.80 points or 0.25 percent to 8,420.60. Australian stocks ended modestly higher on Wednesday.
Among major miners, Rio Tinto is gaining almost 1 percent, while BHP...