Sensex, Nifty Extend Gains For Third Day

RTTNews | hace 1131
Sensex, Nifty Extend Gains For Third Day

(RTTNews) - Indian shares extended gains for a third day running Friday on the back of positive global cues.

Capital goods and power stocks topped the gainers list, while metal stocks weakened on recession worries and signs of a flare-up in COVID-19 cases in several Chinese cities including Shanghai.

The benchmark S&P BSE Sensex climbed 303.38 points, or 0.56 percent, to 54,481.84 while the broader NSE Nifty index ended up 87.70 points, or 0.54 percent, at 16,220.60.

Larsen & Toubro shares jumped 4.6 percent while SBI Life, NTPC, Tata Motors and Power Grid Corp rallied 2-3 percent.

Among the decliners, ONGC, HDFC Life, Tata Steel, Hindalco and Maruti Suzuki India all fell around 2 percent.

Property developer Sobha soared nearly 5 percent after a strong Q1 operational update.

TCS dropped 0.7 percent ahead of its earnings release.

Globally, other Asian markets ended broadly higher, while European stocks fell amid risk aversion after British Prime Minister Boris Johnson resigned and former Japanese Prime Minister Shinzo Abe died after being shot twice at a campaign event in the Nara region ahead of upper house elections on Sunday.

read more
CAC 40 Up Marginally In Cautious Trade

CAC 40 Up Marginally In Cautious Trade

The French market is slightly higher on Tuesday with stocks turning in a mixed performance as investors weigh the potential impact of tariffs. The decision of the U.S. government to extend its pause on higher tariffs for Chinese goods until November 10 is aiding sentiment a bit.
RTTNews | hace 1h 15min
Pound Rises On Upbeat U.K. Employment Data

Pound Rises On Upbeat U.K. Employment Data

The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.
RTTNews | hace 1h 36min
DAX Retreats After Positive Start, Down 0.3%

DAX Retreats After Positive Start, Down 0.3%

Despite opening on a positive note amid easing trade tensions, the German market is down in negative territory Tuesday afternoon, with investors turning cautious, looking ahead to U.S. consumer price inflation data due later in the day. Weak economic sentiment reading is also weighing on sentiment.
RTTNews | hace 1h 49min
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | hace 1h 56min
Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook

Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook

The Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point for the third time this year as underlying inflation continued to moderate, while economic growth outlook was lowered due to weaker-than-expected recovery in public demand. The board decided to trim the cash rate target by 25 basis points to 3.60 percent. The decision was unanimous.
RTTNews | hace 2h 10min