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Indian Shares Rally Ahead Of Powell's Speech

RTTNews | vor 1068 Tagen

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.

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Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

The Switzerland market shrugged off a somewhat shaky start and climbed higher on Tuesday with investors mostly reacting to corporate earnings updates, and looking ahead to monetary policy announcement from the Federal Reserve and closely following trade talks.

RTTNews | vor 1Std 21 Minuten

European Stocks Close Higher As Investors React To Earnings

European Stocks Close Higher As Investors React To Earnings

European stocks closed on a firm note on Tuesday as investors reacted to a slew of earnings announcements from the region, and looked ahead to monetary policy announcements from some leading central banks, including the U.S. Federal Reserve.

RTTNews | vor 1Std 43 Minuten

TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

The Canadian market is up in positive territory a little past noon on Tuesday, supported by gains in technology, real estate, healthcare and consumer staples sectors. In addition to following the developments on the trade front, investors are also looking ahead to the monetary policy announcements from the Bank of Canada and the Federal Reserve.

RTTNews | vor 2Std 43 Minuten

U.S. Job Openings Decrease Slightly Less Than Expected In June

U.S. Job Openings Decrease Slightly Less Than Expected In June

The Labor Department released a report on Tuesday showing job openings in the U.S. decreased by slightly less than expected in the month of June.

RTTNews | vor 4Std 54 Minuten

U.S. Consumer Confidence Modestly Improves In July

U.S. Consumer Confidence Modestly Improves In July

Consumer confidence in the U.S. saw a modest improvement in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index rose to 97.2 in July after falling to a revised 95.2 in June.

RTTNews | vor 5Std 1 Minuten

Eurozone Consumers Lower 1-Year Inflation Expectation: ECB Survey

Eurozone Consumers Lower 1-Year Inflation Expectation: ECB Survey

Euro area households' inflation expectations for the short-term eased in June while they medium to longer term forecasts for price growth were unchanged, survey data from the European Central Bank showed on Tuesday.

RTTNews | vor 6Std 4 Minuten

Bay Street Seen Opening Slightly Higher

Bay Street Seen Opening Slightly Higher

Canadian shares may open higher Tuesday morning, riding on firm oil and metal prices. Investors, awaiting trade talks between Canadian and U.S. officials, also look ahead to Bank of Canada's interest rate decision, due on Wednesday.

RTTNews | vor 6Std 21 Minuten

FTSE 100 Up Firmly In Positive Territory; AstraZeneca Up On Strong Earnings

FTSE 100 Up Firmly In Positive Territory; AstraZeneca Up On Strong Earnings

The U.K. market is up in positive territory around early afternoon on Tuesday with earnings news aiding sentiment to a notable extent. Bank and pharmaceutical stocks are among the notable gainers.

RTTNews | vor 7Std 27 Minuten

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