Sensex, Nifty Extend Rally For Sixth Session

RTTNews | 962 일 전
Sensex, Nifty Extend Rally For Sixth Session

(RTTNews) - Indian shares extended their rally for a sixth straight session to hit fresh record highs Tuesday on the back of firm global cues and a weakening dollar in overseas markets.

China reported a slight dip in new COVID-19 infections and also stepped-up support for the country's property sector, boosting investor sentiment.

Financial markets are also excited about some sort of reopening in China, apparently to quell public anger against COVID-19 curbs.

The benchmark S&P BSE Sensex hit a record high of 62,887.40 before paring some gains to end the session up 177.04 points, or 0.28 percent, at 62,681.84.

The broader NSE Nifty index settled 55.30 points, or 0.30 percent higher at 18,618.05, after having hit a record high of 18,678.10 earlier in the session.

FMCG stocks led the surge, with Hindustan Unilever climbing 4.4 percent on hopes for improved demand in rural markets in the near/medium term.

Dabur surged 6.5 percent, Britannia Industries added 1.5 percent and Marico advanced 3.1 percent.

Sun Pharma, Hero MotoCorp, Cipla and JSW Steel all rose around 2 percent while Bajaj FinServ, Coal India and IndusInd Bank fell over 1 percent each.

read more
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

Despite a couple of setbacks during the day's session, the Switzerland market managed to close modestly higher on Friday thanks to a few frontline stocks finding good support towards the closing minutes.
RTTNews | 2 시간 24 분 전
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

Despite some fairly strong earnings updates, European stocks turned in a subdued performance on Friday on reports the U.S. President Donald Trump is looking to impose at least 15 to 20% tariffs on goods imported from the European Union irrespective even if a trade deal is arrived at.
RTTNews | 2 시간 46 분 전
TSX Retreats After Hitting New High

TSX Retreats After Hitting New High

The Canadian market is down in negative territory in early afternoon trades on Friday, with stocks from communications, industrials and consumer discretionary sectors under pressure. However, the downside is limited as tariff concerns have eased a bit on reports that trade talks between Canada and South American countries, including Brazil and Argentina are in advanced stages.
RTTNews | 3 시간 37 분 전
U.S. Consumer Sentiment Reaches Five-Month High In July

U.S. Consumer Sentiment Reaches Five-Month High In July

After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5.
RTTNews | 5 시간 48 분 전
U.S. Housing Starts Rebound More Than Expected In June

U.S. Housing Starts Rebound More Than Expected In June

New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May.
RTTNews | 6 시간 47 분 전