Sensex, Nifty Modestly Higher; IT Stocks Drag On Accenture's Warning

RTTNews | Před 160 dny
Sensex, Nifty Modestly Higher; IT Stocks Drag On Accenture's Warning

(RTTNews) - Indian shares were slightly higher on Friday after opening on a subdued note due to muted global cues.

The benchmark S&P/BSE Sensex was up 224 points, or 0.3 percent, at 76,572 in early trade while the broader NSE Nifty index edged up by 73 points, or 0.3 percent, to 23,263.

Among the top gainers, Bajaj Auto, Nestle India, Hero MotoCorp, Sun Pharma and Bajaj Finance were up 1-3 percent.

IT stocks were broadly lower after Accenture said changes in how the new Trump administration approaches spending is adding a new level of uncertainty for the company.

Jio Financial Services gained 1 percent on reports that it has reached a preliminary agreement with Germany's Allianz SE to launch an insurance business in India, according to a Bloomberg report.

RailTel Corporation of India surged 5.6 percent on winning a work order worth Rs. 16.89 crore from the Ministry of Defence.

Manappuram Finance rallied 2.2 percent on news the company will issue shares worth Rs 4,385 crore to Bain Capital at Rs 236 per share.

Adani Enterprises rose 0.7 percent after incorporating a new joint venture, Praneetha Ecocables Ltd (PEL), through its wholly owned subsidiary, Kutch Copper Limited (KCL).

Hindustan Unilever edged down slightly after its board approved an investment to acquire a 14.3 percent stake in Lucro Plastecycle, a company that specializes in recycling flexible plastics.

read more
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | Před 21 minutami
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | Před 1 h 14 min
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | Před 1 h 15 min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | Před 2 h 41 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | Před 2 h 56 min
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | Před 3 h 38 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | Před 3 h 47 min