Sensex, Nifty Rise After US Debt Deal

RTTNews | 822 दिनों पहले
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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Euro Climbs Against Majors

Euro Climbs Against Majors

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RTTNews | 4घंटे 7 मिनट पहले
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Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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U.S. Pending Home Sales Fall More Than Expected In July

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A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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Eurozone Economic Confidence Weakens In August

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The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
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