Sensex, Nifty Slightly Higher Ahead Of RBI's MPC Meet

RTTNews | hace 1119
Sensex, Nifty Slightly Higher Ahead Of RBI's MPC Meet

(RTTNews) - Indian shares were slightly higher in early trade on Friday ahead of the Reserve Bank of India's interest-rate decision later in the day.

The benchmark S&P BSE Sensex edged up 140 points, or 0.2 percent, to 58,439, while the broader NSE Nifty index was up 34 points, or 0.2 percent, at 17,416.

HDFC Life, Adani Ports, Larsen & Toubro, Grasim and UltraTech rose 1-2 percent while Reliance Industries, Cipla and Hero MotoCorp were seeing modest losses.

Adani Enterprises edged up slightly. Its subsidiary Adani Road Transport is acquiring Gujarat Road and Infrastructure Company and Swarna Tollway for around Rs 3,110 crore from Macquarie Asia Infrastructure Fund.

Bharat Electronics fell over 1 percent after its board approved 2:1 bonus issue.

GAIL lost more than 3 percent despite reporting a 51 percent year-on-year jump in consolidated net profit for the June quarter.

Gujarat State Petronet gained 1.1 percent on healthy quarterly results.

BEML declined 1.3 percent after it posted consolidated loss at Rs 82.36 crore for the quarter ended June 2022.

read more
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
RTTNews | hace 11 minutos
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | hace 1h 15min
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | hace 3h 6min
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | hace 3h 59min
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | hace 4h 0min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | hace 5h 26min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | hace 5h 41min