Sensex, Nifty Recover After Early Slide

RTTNews | 928 hari yang lalu
Sensex, Nifty Recover After Early Slide

(RTTNews) - Indian shares recovered from an early slide to end on a positive note Tuesday, as oil extended losses on demand concerns and the International Monetary Fund sounded bullish on India's growth prospects, saying that the country is a bright spot in an otherwise gloomy global backdrop.

The Economic Survey 2022-23 tabled in Parliament earlier today has projected a GDP growth rate in the range of 6 to 6.8 percent for the next fiscal 2023-24 (FY24).

Global cues were subdued as investors avoided making big decisions ahead of key central bank meetings this week including a two-day policy meeting of the Federal Reserve that gets underway later today.

The benchmark S&P/BSE Sensex swung between gains and losses before ending the session up 49.49 points, or 0.08 percent, at 59,549.90.

The broader NSE Nifty index settled 13.20 points, or 0.07 percent, higher at 17,662.15 as the Follow-On Public Offering (FPO) of Adani Enterprises got fully subscribed on the final day of the subscription.

Adani Ports, UltraTech Cement, Power Grid Corp, Mahindra & Mahindra and SBI all rose around 3 percent in the Nifty pack, while HDFC Life, Britannia Industries, Tech Mahindra, TCS and Bajaj Finance fell 1-2 percent.

read more
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 9j 8min yang lalu
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 11j 59min yang lalu
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | 12j 27min yang lalu
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | 12j 45min yang lalu
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 14j 23min yang lalu
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 14j 41min yang lalu
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 15j 10min yang lalu
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 15j 34min yang lalu