Loading...

Reklāma

Sensex, Nifty Reverse Early Losses To End Higher

RTTNews | 722 days ago

Sensex, Nifty Reverse Early Losses To End Higher

(RTTNews) - Indian shares reversed early losses to end modestly higher on Wednesday, tracking gains in European markets and higher U.S. stock futures.

While concerns about a resurgent U.S. dollar and elevated bond yields served to keep underlying sentiment cautious, investors cheered data showing that industrial profits unexpectedly surged in top consumer China in August.

Also, China is expected to achieve economic growth of slightly more than 5 percent this year and there is no basis for the feared 'Japanification', an adviser to the central bank told an Economic Forum.

The benchmark S&P BSE Sensex ended the session up 173.22 points, or 0.26 percent, at 66,118.69 while the broader NSE Nifty index settled up 51.75 points, or 0.26 percent, at 19,716.45.

IndusInd Bank, Axis Bank, Reliance Industries, Maruti Suzuki India, Sun Pharma, ITC and Larsen & Toubro rallied 1-2 percent in the Sensex pack, while SBI and Titan Company both fell around 1 percent.

REC jumped 6.3 percent after it signed a pact with Punjab National Bank to fund power sector and infrastructure & logistics projects - possibly amounting to Rs 55,000 crore. PNB shares surged 2.8 percent.

Gravita India shares hit a record high on the back of heavy volumes before closing over 15 percent higher at Rs. 928.20.

read more

U.S. Leading Economic Index Falls Much More Than Expected In August

U.S. Leading Economic Index Falls Much More Than Expected In August

Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July. Economists had expected the leading economic index to edge down by 0.1 percent.

RTTNews | 24 minutes ago

Philly Fed Index Surges To Eight-Month High In September

Philly Fed Index Surges To Eight-Month High In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.

RTTNews | 1h 6min ago

Bank Of England Holds Key Rate; Slows Quantitative Tightening

Bank Of England Holds Key Rate; Slows Quantitative Tightening

The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.

RTTNews | 1h 6min ago

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.

RTTNews | 1h 10min ago

Philly Fed Index Surges Much More Than Expected In September

Philly Fed Index Surges Much More Than Expected In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September.

RTTNews | 2h 24min ago

U.S. Weekly Jobless Claims Pull Back More Than Expected

U.S. Weekly Jobless Claims Pull Back More Than Expected

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.

RTTNews | 2h 26min ago

Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.

RTTNews | 3h 15min ago

FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

U.K. stocks are moving in a tight range on Thursday, with investors digesting the Federal Reserve's 25-basis points interest rate cut on Wednesday, and the Bank of England's decision a little while ago to hold its interest rate unchanged.

RTTNews | 3h 40min ago

Noteikumi | Privātums | Lapas karte | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.