Sensex, Nifty End Higher Ahead Of Fed Decision

RTTNews | Před 2 dny

(RTTNews) - Indian shares eked out modest gains on Wednesday ahead of a Federal Reserve interest-rate cut expected later in the day.

Trade deal optimism prevailed after U.S. President Donald Trump signaled the long-awaited U.S.-India trade deal is coming soon, hinting at tariff cuts and easing tensions over Russian oil imports.

Investor attention was also focused on upcoming earnings from U.S, mega tech companies and Thursday's Trump-Xi meeting.

"I think we're going to have a great meeting with President Xi of China, and a lot of problems are going to be solved," Trump said en route to South Korea where he is due to meet with his counterpart Xi.

According to the Wall Street Journal, the leaders may discuss a proposed trade framework that could see Washington reduce tariffs on Chinese goods in exchange for Beijing's commitment to curb exports of fentanyl precursor chemicals.

The benchmark BSE Sensex rose by 368.97 points, or 0.44 percent, to 84,997.13 while the broader NSE Nifty index settled up 117.70 points, or 0.45 percent, at 26,053.90.

The mid-cap and the small-cap indexes on the BSE gained 0.7 percent and 0.6 percent, respectively.

The market breadth was strong on the BSE, with 2,495 shares rising while 1,657 shares declined and 173 shares closed unchanged.

Among the top gainers, Sun Pharma, Tata Steel, HCL Technologies, Power Grid Corp, NTPC and Adani Ports climbed 2-3 percent.

Globally, Asian markets ended mostly higher as tech stocks surged on optimism over artificial intelligence boom.

European stocks were mixed in early trade as investors digested a flurry of earnings reports and waited for earnings from mega cap U.S. technology companies.

Gold prices rebounded, climbing over 1 percent following a three-day selloff after at least 100 people were killed in strikes across Gaza, including at least 35 children.

The dollar rose from a one-week low versus major peers, while oil extended losses for a fourth day running as investors weighed the impact of potential OPEC+ plan to raise output on global supply.

Eurozone Inflation Softens On Energy Prices

Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.

RTTNews | Před 10 minutami

Bay Street May Open On Positive Note

The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.

RTTNews | Před 1 h 3 min

FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers

The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.

RTTNews | Před 1 h 37 min

CAC 40 Modestly Lower In Cautious Trade After Inflation Data

The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.

RTTNews | Před 2 h 28 min

UK Nationwide House Price Growth Softens

UK house prices increased at a slower pace in October as buyers were cautious ahead of the budget, data from the Nationwide Building Society showed Friday. House price posted a monthly growth of 0.3 percent in October, slower than the 0.5 percent rise seen a month ago. Nonetheless, the figure was better than the forecast of nil growth.

RTTNews | Před 2 h 34 min

DAX Drops To 2-month Low

German stocks are down in negative territory on Friday and the benchmark DAX is near two-month lows, as investors, assessing the recent interest rate decisions of the major central banks, and the developments on the trade front, remain cautious and mostly making cautious moves.

RTTNews | Před 3 h 17 min

Sensex, Nifty End Lower On Mixed Global Cues

Indian shares ended lower on Friday as renewed foreign investor selling overshadowed upbeat corporate earnings and easing global trade tensions.

RTTNews | Před 3 h 27 min

European Shares Subdued Before Key Inflation Reading

European stocks drifted lower on Friday, and the euro consolidated losses ahead of key Eurozone inflation data due later in the day. Earlier in the day, data showed that French consumer price inflation slowed further below the European Central Bank's target in October despite an unexpectedly strong upswing in the economy.

RTTNews | Před 4 h 45 min

EURUSD	1.15356	GBPUSD	1.31091	AUDUSD	0.65385
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