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Sensex, Nifty Rise In Early Trade As Metal Stocks Surge

RTTNews | 1055天前

Sensex, Nifty Rise In Early Trade As Metal Stocks Surge

(RTTNews) - Indian shares opened on a positive note Thursday despite weak global cues and rising oil prices.

The benchmark S&P BSE Sensex rose 330 points, or 0.6 percent, to 58,396 in early trade, while the broader NSE Nifty index was up 98 points, or 0.6 percent, at 17,372.

Metal stocks led the surge, with Tata Steel, JSW Steel, Coal India and Hindalco rising 2-3 percent.

Reliance Industries gained 0.7 percent after Jio announced the beta trial of its True-5G services for Jio users in 4 cities.

Wipro added 1 percent. Amid moonlighting worries, the company has asked its employees to come to offices three days a week.

Zee Entertainment Enterprises jumped 3.7 percent as the fair-trade regulator gave conditional approval to the Zee-Sony merger deal.

Info Edge (India) rallied 2.1 percent after it acquired a majority stake in the e-learning platform Coding Ninjas.

SpiceJet soared 6 percent on reports that the airline is likely to avail a loan of up to Rs 1,500 crore from the Centre under ECLGS scheme.

DLF jumped 3.2 percent after selling all luxury homes in the new Gurugram project within 8 days of launch.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 2小時36分鐘前

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 2小時47分鐘前

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 4小時6分鐘前

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 4小時11分鐘前

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 4小時34分鐘前

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 4小時58分鐘前

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 6小時21分鐘前

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 6小時26分鐘前

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