Reklāma
Sensex, Nifty Follow Global Peers Higher
(RTTNews) - Indian shares opened on a positive note Thursday after the U.S. Federal Reserve hiked interest rates by 75 basis points - the biggest since 1994 - to curb rising inflation, which is at a 40-year high.
Fed Chair Jerome Powell indicated that another 75 bps of 50 bps hike could come in the next FOMC meeting.
The benchmark S&P BSE Sensex was up 364 points, or 0.7 percent, at 52,905, giving up some early gains. The broader NSE Nifty index was up 100 points, or 0.6 percent, at 15,793.
ICICI Bank, Bajaj Finance, Reliance Industries, ITC and Maruti Suzuki India rose 1-2 percent in the Nifty pack while state-run utility Power Grid Corp dropped 1.5 percent. Hero MotoCorp, Bharti Airtel and ONGC were seeing modest losses.
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Swiss Market Settles Marginally Up
The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.
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3h 55min ago
European Stocks Close Mostly Lower After Cautious Session
European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.
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4h 21min ago
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday.
Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
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5h 33min ago
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
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9h 23min ago
Bay Street Looks Headed For Positive Start
Canadian stocks look headed for a positive start Monday morning, with rising bullion prices and rate cut bets set to lift sentiment.
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9h 30min ago
China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
Warren Buffett's Berkshire Hathaway Inc. has sold out its entire stake in Chinese automaker BYD Co. Ltd., as per a filing with the U.S. Securities and Exchange Commission. In Hong Kong, BYD shares fell 2.3 percent after reports of Berkshire Hathaway offloading all its stake in the Chinese electric-vehicle maker.
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9h 54min ago
FTSE 100 Up Marginally; Miners In Demand
The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
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10h 20min ago
CAC 40 Modestly Lower In Cautious Trade
French stocks are modestly lower on Monday with investors making cautious moves, looking ahead to the data on manufacturing and services sector activity in major European economies, and a key U.S. inflation reading this week.
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10h 52min ago
