Sensex, Nifty Rise After US Debt Deal

RTTNews | hace 822
Sensex, Nifty Rise After US Debt Deal

(RTTNews) - Indian shares opened on a positive note Monday after U.S. lawmakers announced a tentative deal to raise the federal government's debt ceiling and avert a devasting default.

The benchmark S&P BSE Sensex was up 421 points, or 0.7 percent, at 62,922 in early trade, while the broader NSE Nifty index was up 114 points, or 0.62 percent, at 18,613.

Among the prominent gainers, Hindalco, IndusInd Bank, HDFC, SBI Life and Mahindra & Mahindra rallied 1-3 percent.

Power Finance Corp rallied 2.2 percent on reports it is looking to venture into funding road infrastructure projects.

PTC India jumped 3 percent despite reporting an 8 percent decline in FY23 consolidated net profit.

ONGC tumbled nearly 4 percent after posting a surprise loss in the March quarter.

Sun Pharmaceutical Industries fell about 2 percent after it proposed to buy out all of Taro Pharmaceutical Industries' shares.

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European Shares Seen Higher At Open

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RTTNews | hace 1h 27min
Sensex Nifty Decline On Tariff Worries

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RTTNews | hace 2h 20min
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RTTNews | hace 2h 21min
Australian Market Trims Early Losses In Mid-market

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RTTNews | hace 3h 47min
Asian Markets Trade Mostly Higher

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RTTNews | hace 4h 2min
Swiss Market Settles Modestly Higher

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RTTNews | hace 4h 44min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | hace 4h 53min