Indian Markets Shut For Ram Navami

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Indian Markets Shut For Ram Navami

(RTTNews) - Indian markets remain shut today for Sri Ram Navami.

Benchmark indexes Sensex and Nifty rose 0.6 percent and 0.8 percent, respectively on Wednesday while the rupee fell by 15 paise to close at 82.31 against the dollar amid a rebound in U.S. Treasury yields.

Asian stocks traded mixed this morning, with China, Hong Kong and Japanese markets slipping into the red. The dollar advanced, weighing on oil and gold prices.

U.S. stocks showed a strong move to the upside overnight amid easing banking concerns. On the economic front, data showed both mortgage applications and pending home sales rose in February.

The tech-heavy Nasdaq Composite soared 1.8 percent after upbeat outlook from Micron Technology. The S&P 500 gained 1.4 percent and the Dow added 1 percent.

European stocks also closed on a strong note Wednesday as top U.S. regulators expressed confidence that banks were solvent and UBS rehired Sergio Ermotti as CEO to steer its massive takeover of neighbor Credit Suisse.

The pan European STOXX 600 advanced 1.3 percent. The German DAX climbed 1.2 percent, France's CAC 40 index rallied 1.4 percent and the U.K.'s FTSE 100 jumped 1.1 percent.

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Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
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Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
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Positive Start Seen For Canadian Stocks

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Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
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UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
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CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
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