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Sensex, Nifty Extend Gains For Second Day After Choppy Trading

RTTNews | vor 947 Tagen

Sensex, Nifty Extend Gains For Second Day After Choppy Trading

(RTTNews) - Indian shares ended a choppy session slightly higher on Tuesday, extending gains for a second day running on the back of gains in financials and IT stocks.

Strong quarterly updates from financial firms, gains in rupee and strong gains in European markets helped underpin investor sentiment.

The benchmark S&P BSE Sensex swung between gains and losses before ending the session up 126.41 points, or 0.21 percent, at 61,294.20.

The broader NSE Nifty index settled 35.10 points, or 0.19 percent, higher at 18,232.55.

HDFC Life topped the gainers list to end 4.5 percent higher, while TCS, Titan Company, Axis Bank and SBI Life all rose around 2 percent.

Swan Energy jumped 6.6 percent on the back of heavy volumes, extending recent gains after the National Company Law Tribunal (NCLT) approved the resolution plan submitted by Hazel Mercantile Ltd (HML) to acquire Reliance Naval and Engineering Ltd (RNEL).

Swan Energy is in a strategic partnership with HML through an SPV named Hazel Infra Ltd (HIL).

Power Finance Corporation (PFC) surged 4.4 percent amid heavy volumes. Metal stocks fell on profit taking after sharp gains in the previous session. Hindalco lost 1.7 percent and JSW Steel declined 1 percent.

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Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | vor 1Std 2 Minuten

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | vor 1Std 45 Minuten

U.S. Labor Productivity Surges 2.4% In Second Quarter

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

RTTNews | vor 1Std 52 Minuten

U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

RTTNews | vor 1Std 59 Minuten

Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

RTTNews | vor 2Std 26 Minuten

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.

RTTNews | vor 2Std 28 Minuten

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | vor 2Std 44 Minuten

Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | vor 3Std 2 Minuten

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