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Sensex, Nifty Follow Global Peers Higher

RTTNews | 164 dias atrás

Sensex, Nifty Follow Global Peers Higher

(RTTNews) - Indian shares opened on a buoyant note Tuesday, mirroring firm cues from global markets.

The benchmark S&P/BSE Sensex was up 575 points, or 0.8 percent, at 74,745 in early trade while the broader NSE Nifty index was up 178 points, or 0.8 percent, at 22,686.

Among the top gainers, Britannia Industries, Shriram Finance, Hindalco and ICICI Bank were up 2-3 percent.

Hindustan Unilever gained 1.2 percent after the Competition Commission of India approved its acquisition of Uprising Science.

Tata Motors added 1.4 percent after incorporating its wholly owned subsidiary, Tata Motors Digita.AI Labs.

IRCON International surged nearly 7 percent on winning an EPC contract worth Rs 1,096.2 crore from the Government of Meghalaya.

NBCC (India) rallied 2 percent on securing a work order worth Rs 44.62 crore from the Mahatma Gandhi Institute for Rural Industrialization (MGIRI), Wardha.

Coffee Day Enterprises jumped 5 percent after it agreed to clear Rs 205 crore debt in three tranches.

IndusInd Bank rose half a percent as Moody's Ratings affirmed its credit ratings.

Castrol India fell 2.6 percent on turning ex-bonus.

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U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 1h 52min atrás

Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 2h 11min atrás

U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 2h 54min atrás

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 3h 24min atrás

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 3h 37min atrás

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 3h 52min atrás

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 4h 30min atrás

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 4h 38min atrás

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