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Sensex, Nifty See Modest Gains After Two Days Of Losses

RTTNews | 866天前

Sensex, Nifty See Modest Gains After Two Days Of Losses

(RTTNews) - Indian shares opened slightly higher on Friday after two days of losses.

The benchmark S&P BSE Sensex rose 15 points, or 0.3 percent, to 60,508 while the broader NSE Nifty index was up 48 points, or 0.3 percent, at 18,040.

While firm cues from Asian lent some support, gains in the dollar index in overseas markets and rising Treasury yields served to limit the upside.

IDBI Bank jumped 3 percent. Market regulator SEBI has allowed the government's shareholding in the bank to be reclassified as "public" after its stake sale.

Reliance Industries rose over 1 percent. Its telecom arm Jio has signed an agreement to be the official mobile communications network partner of British football club Manchester City in India.

Vodafone Idea fell about 1 percent. Equity conversion by the government is a complex issue which is under discussion, Minister of Communications Ashwini Vaishnaw said. Mahindra & Mahindra Financial Services dropped half a percent. The RBI has lifted restrictions imposed on loan recovery via outsourcing.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.

RTTNews | 6小時22分鐘前

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.

RTTNews | 7小時10分鐘前

European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.

RTTNews | 7小時31分鐘前

TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.

RTTNews | 9小時2分鐘前

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.

RTTNews | 10小時2分鐘前

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | 12小時32分鐘前

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | 12小時58分鐘前

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | 13小時46分鐘前

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