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Sensex, Nifty Modestly Higher In Early Trade

RTTNews | vor 985 Tagen

Sensex, Nifty Modestly Higher In Early Trade

(RTTNews) - Indian shares opened a tad higher on Wednesday, tracking mostly positive cues from global markets as investors await the release of Federal Reserve minutes from its November policy meeting for directional cues.

The benchmark S&P BSE Sensex rose 194 points, or 0.3 percent, to 61,613 in early trade, while the broader NSE Nifty index was up 56 points, or 0.3 percent, at 18,301.

Kotak Mahindra Bank, Dr Reddy's Laboratories, Titan Company, Tata Motors and SBI all gained around 1 percent in the Nifty pack.

Larsen & Toubro edged up slightly after it has bought the entire stake held by Chiyoda Corporation in L&T-Chiyoda Ltd for Rs 75 crore.

Vedanta declined 1.2 percent despite declaring an interim dividend of Rs 17.5 per equity share.

Nykaa fell about 2 percent after its chief financial officer Arvind Agarwal resigned from the company.

Paytm shares rose 1.5 percent after hitting a fresh 52-week low in the previous session.

Ultratech Cement was marginally higher after it withdrew from the bidding process to purchase the last of Jaiprakash Associates' cement holdings in India.

VA Tech Wabag rallied 2.6 percent and Adani Enterprises rose about half a percent on fund raising reports.

Tech Mahindra was little changed. LIC has increased its shareholding in the company from 4.86 percent to 6.87 percent.

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Eurozone Investor Sentiment Weakens Unexpectedly

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Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | vor 59 Minuten

Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

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RTTNews | vor 1Std 7 Minuten

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

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The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | vor 1Std 58 Minuten

Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | vor 2Std 21 Minuten

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RTTNews | vor 2Std 27 Minuten

DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.

RTTNews | vor 2Std 45 Minuten

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

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Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.

RTTNews | vor 3Std 36 Minuten

European Shares Tick Higher In Cautious Trade

European Shares Tick Higher In Cautious Trade

European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.

RTTNews | vor 5Std 1 Minuten

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