Indian Shares Rally Ahead Of Powell's Speech

RTTNews | 1061 dias atrás
Indian Shares Rally Ahead Of Powell's Speech

(RTTNews) - Indian shares rallied on Friday, mirroring firm cues from global markets as investors awaited Federal Reserve Chairman Jerome Powell's speech later today at the Jackson Hole economic conference for hints on inflation and rate outlook.

The benchmark S&P/BSE Sensex jumped 520 points, or 0.9 percent, to 59,294 in early trade, while the broader NSE Nifty index was up 147 points, or 0.8 percent, at 17,669.

JSW Steel, Tech Mahindra, Mahindra & Mahindra, Titan Company and Coal India climbed 2-3 percent in the Nifty pack, while Bharti Airtel and Eicher Motors fell around 1 percent each.

TCS rose over 1 percent on reports that it is asking employees to return to office from November.

Torrent Pharma gained nearly 2 percent on news it is acquiring Curatio Healthcare.

Indian Oil Corporation rose about 1 percent after it announced plans to invest Rs 2 lakh crore to achieve net-zero operational carbon emissions by 2046.

read more
Singapore Inflation Data Due On Wednesday

Singapore Inflation Data Due On Wednesday

Singapore will on Wednesday release June figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In May, overall inflation was up 0.6 percent on month and 0.8 percent on year, while core CPI rose an annual 0.6 percent.
RTTNews | 33 minutos atrás
U.S. Dollar Falls On Tariff Uncertainty

U.S. Dollar Falls On Tariff Uncertainty

The U.S. dollar fell against its major counterparts in the New York session on Tuesday, amid fading hopes of a trade deal between the country and Europe.
RTTNews | 1h 49min atrás
Swiss Market Ends Lower Again

Swiss Market Ends Lower Again

The Switzerland market ended on a weak note on Tuesday, in line with market across Europe, as uncertainty over U.S. - EU trade talks and a lack of positive data rendered the mood cautious.
RTTNews | 5h 9min atrás
European Stocks Close Weak On Trade Deal Concerns, Weak Earnings Updates

European Stocks Close Weak On Trade Deal Concerns, Weak Earnings Updates

European stocks closed weak on Tuesday, extending previous session's losses, amid growing uncertainty over U.S.- EU trade talks, and some disappointing earnings updates. Investors were largely cautious, assessing the possible move of the U.S. and the European Union in the event of the ongoing trade negotiations failing to result in any meaningful solution to the tariff issues.
RTTNews | 5h 45min atrás
Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Canadian shares are likely to open lower on Tuesday, tracking weak European markets amid growing uncertainty over U.S. - EU trade talks. Weak crude oil and bullion prices may hurt as well. The economic calendar is blank and there are no big earnings news as well. The mood in the market is likely to remain cautious.
RTTNews | 9h 57min atrás
GM Q2 Results Down, Yet Beat Market; Backs FY25 View; Shares Hit

GM Q2 Results Down, Yet Beat Market; Backs FY25 View; Shares Hit

Automajor General Motors Co. on Tuesday maintained its fiscal 2025 earnings outlook, after reporting weak profit and revenues in its second quarter. However, adjusted earnings and top line beat market estimates. In the pre-market activity on the NYSE, General Motors shares were losing around 3.7 percent.
RTTNews | 11h 20min atrás
FTSE Flat At Noon; Compass Group, Centrica Post Strong Gains

FTSE Flat At Noon; Compass Group, Centrica Post Strong Gains

U.K. stocks are turning in a mixed performance in cautious trade on Tuesday with investors reacting to some earnings updates, and assessing the possible move of the U.S. and the European Union in the event of the ongoing trade negotiations failing to result in any meaningful solution to the tariff issues.
RTTNews | 11h 20min atrás