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Sensex, Nifty End At Record Highs

RTTNews | 739 days ago

Sensex, Nifty End At Record Highs

(RTTNews) - Indian shares rallied on Friday, with robust foreign fund inflows and the advance of southwest monsoon into remaining parts of the country boosting sentiment.

While robust economic data from the U.S. helped ease recession worries, weak China data raised bets of more stimulus measures.

Global cues were mostly positive, helping lift key benchmark indexes Sensex and the Nifty to record closing highs.

The benchmark S&P/BSE Sensex jumped 803.14 points, or 1.26 percent, to 64,718.56, while the broader NSE Nifty index settled 216.95 points, or 1.14 percent, higher at 19,189.05, led by auto, pharma, IT and bank stocks.

Hero MotoCorp, Sun Pharma, IndusInd Bank, Infosys and Mahindra soared 3-4 percent in the Nifty pack, while Adani Ports led losses to close 2.2 percent lower.

Adani Transmission slumped 6.3 percent after 3.8 crore shares or 3.45 percent of the company's total equity exchanged hands in three large trades.

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KOSPI May Run Out Of Steam On Wednesday

KOSPI May Run Out Of Steam On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, collecting more than 60 points or 1.9 percent along the way. The KOSPI now sits just beneath the 3,115-point plateau although investors may lock in gains on Wednesday.

RTTNews | 18 minutes ago

New Zealand Interest Rate Decision Due On Wednesday

New Zealand Interest Rate Decision Due On Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hold its Official Cash Rate steady at 3.25 percent.

RTTNews | 1h 18min ago

U.S. Dollar Higher As Trump Delays Tariff Deadline

U.S. Dollar Higher As Trump Delays Tariff Deadline

The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.

RTTNews | 1h 58min ago

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.

RTTNews | 2h 16min ago

Swiss Market Settles Marginally Up

Swiss Market Settles Marginally Up

Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.

RTTNews | 4h 19min ago

European Markets Close On Positive Note

European Markets Close On Positive Note

European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.

RTTNews | 4h 41min ago

Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.

RTTNews | 10h 16min ago

U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB

U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB

Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.

RTTNews | 12h 40min ago

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