Sensex Rises Over 300 Points; Nifty Nears 18,400

RTTNews | 824 hari yang lalu
Sensex Rises Over 300 Points; Nifty Nears 18,400

(RTTNews) - Indian shares advanced on Monday as Tata Motors and DLF reported strong earnings and data showed India's wholesale price inflation declined for an eleventh straight month to turn negative in April.

Also, data released on Friday showed retail inflation in the country slowed sharply to an 18-month low of 4.7 per cent in April, easing pressure on the RBI to raise rates in the months ahead.

The benchmark S&P/BSE Sensex climbed 317.81 points, or 0.51 percent, to 62,345.71 while the broader NSE Nifty index settled 84.05 points, or 0.46 percent, higher at 18,398.85.

Hero MotoCorp jumped over 3 percent after reports that the two-wheeler manufacturer plans record number of launches this year.

Tata Motors rallied 2.8 percent after the automaker reported robust earnings results for the March quarter.

DLF soared 7.4 percent after reporting a 40 percent rise in Q4 net profit.

Hindalco, Tech Mahindra and ITC rose 1-2 percent while Adani Enterprises led losses to close 2.8 percent lower on fund raising reports.

Divis Laboratories, Grasim, BPCL and Cipla dropped 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 | 11j 22min 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 | 14j 12min 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 | 14j 41min 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 | 14j 59min 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 | 16j 37min 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 | 16j 55min 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 | 17j 24min 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 | 17j 48min yang lalu