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Sensex Gains 535 Points On Global Cues; Nifty Tops 22,200
(RTTNews) - Indian shares rose notably on Thursday as U.S. chipmaker Nvidia's strong earnings drove optimism across asset classes and lifted main indexes in Europe and Japan to record highs.
The benchmark S&P/BSE Sensex jumped 535.15 points, or 0.74 percent, to 73,158.24, reflecting sharp gains elsewhere across global markets.
The broader NSE Nifty index swung between gains and losses before finishing up 162.40 points, or 0.74 percent, at 22,217.45.
HCL Technologies, ITC, Eicher Motors, Bajaj Auto and Coal India all rose around 3 percent in the Nifty pack while Hindustan Unilever, Kotak Mahindra Bank, BPCL, HDFC Bank and IndusInd Bank dropped 1-2 percent.
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TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.
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hace 2h 17min
Swiss Market Ends Weak
The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
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hace 2h 39min
European Stocks Close On Mixed Note Again
European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns.
Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
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hace 2h 55min
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
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hace 3h 43min
U.S. Leading Economic Index Edges Down In Line With Estimates In July
A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
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hace 5h 38min
U.S. Existing Home Sales Unexpectedly Rebound In July
The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
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hace 5h 49min
Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View
Shares of Walmart Inc. were losing around 5 percent in the morning trading after the retail behemoth reported second-quarter earnings below market estimates, despite a significant year-over-year growth. Meanwhile, net sales were higher and beat the Street estimates.
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hace 6h 2min
Philly Fed Index Unexpectedly Returns To Negative Territory In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.
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hace 6h 13min
