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Sensex, Nifty Rise Again, As Stocks Surge Higher On Global Cues

RTTNews | Před 925 dny

Sensex, Nifty Rise Again, As Stocks Surge Higher On Global Cues

(RTTNews) - Indian shares are up firmly in positive territory Thursday morning, extending recent gains, thanks to positive global cues.

Despite concerns about interest rates, U.S. stocks ended higher on Wednesday, and European markets too ended on a strong note. Asian markets are higher today, setting up the stage for Indian stocks.

Technology stocks are among the top gainers. Realty, power, metal, healthcare and utilities shares are among the other prominent gainers.

The benchmark BSE Sensex, which surged to 61,682.25, is up 369.31 points or 0.6% at 61,644.40. The broader Nifty index of the National Stock Exchange is up 105.40 points or 0.59% at 18,121.25.

On the economic front, data released by the Commerce Ministry on Wednesday showed India's exports dipped to $32.91 billion in January, from $35.23 billion in the same month last year. Trade deficit stood at $17.75 billion in January.

Tech Mahindra is climbing 5%, hitting a near 3-month high in the process. The stock has been gaining consistently over the past few sessions.

Tata Consultancy Services is up 1.5%, Wipro is gaining 1.2% and HCL Technologies is up nearly 1%. Infosys is advancing 0.6%.

Asian Paints, Reliance Industries, Sun Pharmaceuticals, Kotak Bank, Tata Steel, Titan Industries and ITC are up 0.6 to 1.2%.

ONGC, Apollo Hospitals Enterprises, Adani Enterprises and Adani Ports are gaining 2 to 3.1%. Divi's Laboratories is up by about 1.5%.

Ramco Systems is up nearly 7%. The company announced that it has signed a digital transformation deal to automate and optimize business operations across the Philippine Airlines Group network.

MTNL is down by about 1.6% after the company reported consolidated loss of Rs 775.5 crore in the third quarter, compared with consolidated loss of 659.2 crore, in the year-ago period.

The market breadth is fairly strong. On BSE, 1,991 stocks are up in positive territory. 1,201 stocks are weak, while 149 stocks are hovering around their previous closing levels.

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

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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 | Před 37 minutami

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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 | Před 44 minutami

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RTTNews | Před 1 h 16 min

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The British pound weakened against other major currencies in the European session on Friday.

RTTNews | Před 1 h 24 min

French Stocks Mostly Subdued In Cautious Trade

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The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.

RTTNews | Před 1 h 35 min

French Inflation Cools; Economy Expands As Estimated

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France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.

RTTNews | Před 2 h 0 min

Sensex, Nifty Extend Losses On Trade Worries

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Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.

RTTNews | Před 2 h 1 min

DAX Down Nearly 0.5% As Investors Focus On Economic Data

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German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,

RTTNews | Před 2 h 9 min

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