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Sensex, Nifty Modestly Higher In Early Trade

RTTNews | vor 329 Tagen

Sensex, Nifty Modestly Higher In Early Trade

(RTTNews) - Indian shares were slightly higher on Tuesday despite weak cues from global markets due to lingering Middle East tensions and uncertainty over the upcoming U.S. presidential election.

The benchmark 30-share BSE Sensex was up 268 points, or 0.3 percent, at 81,419 in early trade while the broader NSE Nifty index was up 70 points, or 0.3 percent, at 24,851.

Financials and IT stocks traded higher, with Wipro, ICICI Bank, Tech Mahindra and Shriram Finance rising 1-2 percent.

Bajaj Housing Finance added 1.7 percent on reporting a 21 percent year-on-year rise in Q2 net profit.

Zomato rose over 1 percent and Bajaj Finance edged up slightly, while Paytm fell 1.3 percent ahead of their earnings results due today.

City Union Bank soared 12 percent on reporting modest growth in quarterly profit.

Cyient DLM slumped 4.5 percent as it reported 6 percent growth in Q2 net profit.

NELCO lost 3.8 percent after consolidated net profit declined nearly 28 percent in the September quarter.

RVNL tumbled 3 percent after establishing a new subsidiary in Saudi Arabia.

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U.S. Retail Sales Climb 0.6% In August, Much More Than Expected

U.S. Retail Sales Climb 0.6% In August, Much More Than Expected

The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August. The report said retail sales climbed by 0.6 percent in August, matching an upwardly revised increase in July. Economists had expected retail sales to inch up by 0.2 percent compared to the 0.5 percent growth originally reported for the previous month.

RTTNews | vor 28 Minuten

U.S. Industrial Production Unexpectedly Inches Up 0.1% In August

U.S. Industrial Production Unexpectedly Inches Up 0.1% In August

Industrial production in the U.S. unexpectedly edged slightly higher in the month of August, according to a report released by the Federal Reserve on Tuesday.

RTTNews | vor 1Std 55 Minuten

Eurozone Industrial Production Recovers In July

Eurozone Industrial Production Recovers In July

Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.

RTTNews | vor 2Std 21 Minuten

U.S. Import Prices Unexpectedly Rise 0.3% In August

U.S. Import Prices Unexpectedly Rise 0.3% In August

A report released by the Labor Department on Tuesday showed import prices in the U.S. unexpectedly increased in the month of August.

RTTNews | vor 2Std 37 Minuten

U.S. Retail Sales Climb Much More Than Expected In August

U.S. Retail Sales Climb Much More Than Expected In August

The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August.

RTTNews | vor 2Std 40 Minuten

Bay Street Likely To Open On Mixed Note; Canadian Inflation Data In Focus

Bay Street Likely To Open On Mixed Note; Canadian Inflation Data In Focus

Canadian shares may open on a mixed note Tuesday morning, with the focus on upcoming interest rate decision from the Bank of Canada and the Federal Reserve. Materials stocks are likely to move up on higher metal prices.

RTTNews | vor 2Std 52 Minuten

FTSE 100 Drifts Lower For 3rd Straight Session

FTSE 100 Drifts Lower For 3rd Straight Session

U.K. stocks are exhibiting weakness on Tuesday, losing ground for a third straight session, as investors react to the nation's jobs data, and await the Bank of England's monetary policy announcement due later in the week.

RTTNews | vor 3Std 23 Minuten

CAC 40 Down Marginally In Lackluster Trade

CAC 40 Down Marginally In Lackluster Trade

The French market is down marginally on Tuesday with stocks moving in a tight band ahead of the Federal Reserve's monetary policy meeting. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday.

RTTNews | vor 3Std 48 Minuten

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