Sensex, Nifty Scale Fresh Record Highs

RTTNews | vor 609 Tagen
Sensex, Nifty Scale Fresh Record Highs

(RTTNews) - Indian shares eked out modest gains on Tuesday as investors digested mixed comments from Federal Reserve officials and awaited a slew of key U.S. data this week for fresh insight on the Federal Reserve's rate path.

The dollar was little changed and oil prices retreated on easing supply concerns, helping underpin sentiment.

Traders kept a wary eye on the evolving COVID situation in the country amid rise in new virus cases in Kerala and other states.

Benchmark indexes Nifty and Sensex hit fresh record highs of 21,505.05 and 71,623.71, respectively, in intraday trade before giving up some gains to end modestly higher for the day.

The 30-share BSE Sensex ended the session up 122.10 points, or 0.17 percent, at 71,437.19 while the broader NSE Nifty index settled 34.45 points, or 0.16 percent, higher at 21,453.10.

Coal India soared 6.1 percent and Nestle India rallied 4.7 percent while Cipla, Tata Consumer Products and NTPC all rose about 2 percent.

On the downside, TCS, UPL, Adani Enterprises, Wipro and Adani Ports fell 1-2 percent.

read more
CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
RTTNews | vor 50 Minuten
Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook

Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook

Home Depot Inc. reported Tuesday slightly lower profit in its second quarter, despite higher sales and comparable sales. Meanwhile, Adjusted earnings per share and top line missed market estimates. Further, the company maintained its outlook for fiscal 2025 earnings and sales growth.
RTTNews | vor 56 Minuten
Sensex, Nifty Extend Gains On Economic Optimism

Sensex, Nifty Extend Gains On Economic Optimism

Indian shares rose modestly on Tuesday, extending gains from the previous session amid hopes that Prime Minister Modi's recent GST reforms will potentially ease inflation and pave the way for further rate cuts by the Reserve Bank of India (RBI).
RTTNews | vor 1Std 9 Minuten
DAX Up 0.3% On Ukraine Peace Deal Hopes

DAX Up 0.3% On Ukraine Peace Deal Hopes

German stocks are gaining some ground in positive territory on Tuesday amid hopes of a peace deal between Russia and Ukraine, after U.S. President Donald Trump said his recent meeting with Ukrainian President Volodymyr Zelenskyy and other European leaders progressed well.
RTTNews | vor 1Std 20 Minuten
Asian Shares Retreat As Investors Watch Ukraine Talks

Asian Shares Retreat As Investors Watch Ukraine Talks

Asian stocks ended mostly lower on Tuesday as investors awaited keynote speeches from top central bankers, including Fed Chair Jerome Powell for signals on the path of interest rates.
RTTNews | vor 2Std 43 Minuten
Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year. Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews | vor 3Std 14 Minuten