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Sensex, Nifty Modestly Higher In Early Trade

RTTNews | 574 hari yang lalu

Sensex, Nifty Modestly Higher In Early Trade

(RTTNews) - Indian shares were seeing modest gains on Wednesday after falling heavily in the previous session amid heightened geopolitical tensions, uncertainty over when the Fed will cut rates and concerns over HDFC Bank's profitability.

The benchmark S&P BSE Sensex rose 199 points, or 0.3 percent, to 70,569 in early trade, while the broader NSE Nifty index was up 64 points, or 0.3 percent, at 21,303.

Zee Entertainment Enterprises soared 5 percent. A SEBI probe has reportedly revealed that Rs. 1000 crore have been siphoned from the merger deal between ZEE and Sony Entertainment.

REC climbed 6 percent after reporting higher Q3 net interest income and improved asset quality.

Pidilite Industries advanced 3 percent after quarterly profit jumped 66 percent year-on-year.

Tata Steel rallied 1.5 percent, Bajaj Auto was little changed, and Tech Mahindra rose about half a percent ahead of their earnings results.

Axis Bank slumped 4.2 percent after reporting a marginal rise in Q3 net profit.

Hero MotoCorp fell 2.6 percent on news that it plans to launch three electric scooters in 2024.

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CAC 40 Flat In Lackluster Trade

CAC 40 Flat In Lackluster Trade

French stocks are exhibiting some weakness on Wednesday, after seeing a big upmove in the previous session. The mood is cautious with investors looking ahead to the Federal Reserve's annual Jackson Hole Symposium.

RTTNews | 24 minit yang lalu

Pound Rises As UK Inflation Hits 18-Month High

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.

RTTNews | 37 minit yang lalu

Sensex, Nifty Extend Gains For Fifth Day

Sensex, Nifty Extend Gains For Fifth Day

Indian shares eked out modest gains on Wednesday, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties.

RTTNews | 39 minit yang lalu

DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

The German market is notably lower on Wednesday, weighed down by losses in the defense stocks, amid rising optimism about a potential Russia-Ukraine peace deal. The focus is on the Federal Reserve's annual symposium in Jackson Hole, that gets underway on Thursday.

RTTNews | 43 minit yang lalu

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.

RTTNews | 1j 4min yang lalu

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday, due to reduced bets on the U.S. Fed's more aggressive policy easing.

RTTNews | 1j 19min yang lalu

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, as traders expect that the Bank of Japan (BoJ) may raise interest rates by the end of the year in accordance with its policy normalization path.

RTTNews | 1j 43min yang lalu

European Shares Edge Lower Following US Tech Selloff

European Shares Edge Lower Following US Tech Selloff

European stocks were subdued on Wednesday after closing at five-month high in the previous session on news of a potential Ukraine-Russia summit.

RTTNews | 1j 56min yang lalu

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