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Sensex, Nifty Modestly Higher In Early Trade; Metal Stocks Outperform

RTTNews | hace 952

Sensex, Nifty Modestly Higher In Early Trade; Metal Stocks Outperform

(RTTNews) - Indian shares opened a tad higher on Monday despite weak cues from the U.S. and European markets.

The benchmark S&P BSE Sensex edged up 205 points, or 0.3 percent, to 61,045 in early trade, while the broader NSE Nifty index was up 54 points, or 0.3 percent, at 18,159.

Tata Steel, Hindalco and SAIL climbed 2-3 percent after China announced to raise export duty on metals.

PNB gained 1.7 percent after hiking interest rates on savings accounts and fixed deposits.

Hero MotoCorp edged down slightly after it commenced deliveries of Vida V1 electric scooter.

Tata Motors added 1.7 percent after reporting a 14 percent increase in total sales for the December quarter.

Maruti Suzuki India rose half a percent after unveiling its monthly sales figures.

DLF rose about 1 percent on news it would take legal action against New Okhla Industrial Development Authority's (Noida) demand for payment of over Rs 234 crore in connection with a dispute over a parcel of land.

HG Infra Engineering gained 1 percent after it emerged as the lowest bidder for a DMRC (Delhi Metro Rail Corporation) project.

REC rallied 1.6 percent as it received board approval for the sale of its entire shareholding in WRSR Power Transmission to Adani Transmission.

Religare Enterprises jumped 2 percent after its NBFC arm Religare Finvest made a one-time settlement on outstanding dues with 16 lenders.

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Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Despite opening on a firm note, the Switzerland market paring gains and even slipped into negative territory in late afternoon trades on Monday, but managed to end the day's session slightly up.

RTTNews | hace 3h 2min

European Stocks Close On Mixed Note After Cautious Session

European Stocks Close On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Monday after a cautious session as investors looked ahead to upcoming talks between the U.S. and Russia on the Ukraine war issue, and the ongoing tariff negotiations between the U.S. and China, as well as some crucial economic data, including a report on consumer price inflation in the world's largest economy.

RTTNews | hace 3h 27min

Rate Cut Hopes Drag The Dollar Down

Rate Cut Hopes Drag The Dollar Down

The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.

RTTNews | hace 6h 6min

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.

RTTNews | hace 8h 19min

FTSE 100 Up Marginally As Investors Look For Direction

FTSE 100 Up Marginally As Investors Look For Direction

The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.

RTTNews | hace 9h 55min

CAC 40 Drifts Lower In Lackluster Trade

CAC 40 Drifts Lower In Lackluster Trade

French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.

RTTNews | hace 10h 15min

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty both rising around 1 percent after six straight weeks of declines.

RTTNews | hace 10h 21min

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

After opening slightly up, the German market retreated Monday morning with investors largely turning cautious, as they continue to assess the impact of U.S. tariffs and the ongoing uncertainty on the geopolitical front.

RTTNews | hace 10h 31min

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