Sensex, Nifty End Modestly Higher In Rangebound Trade

RTTNews | il y a 660
Sensex, Nifty End Modestly Higher In Rangebound Trade

(RTTNews) - Indian shares eked out modest gains on Tuesday, as the dollar weakened and bond yields slipped amid speculation the Federal Reserve may take a rate-hike breather in September.

Investors also braced for the release of key U.S. and Chinese economic data this week that could define the outlook for interest rates and economic growth.

The benchmark S&P BSE Sensex ended the session up 79.22 points, or 0.12 percent, at 65,075.82 while the broader NSE Nifty index settled 36.60 points, or 0.19 percent, higher at 19,342.65.

Jio Financial Services topped the gainers list to rally 5 percent while Hero MotoCorp, Tata Steel, Hindalco and UPL all rose about 2 percent.

Axis Bank, Dr Reddy's Laboratories, Hindustan Unilever and Bharti Airtel dropped 1-2 percent.

Reliance Industries shed 0.9 percent to extend losses for a fourth day running after its 46th AGM did not reveal any timelines regarding the telecom and retail IPOs.

Zomato jumped 2.4 percent after U.S.-based investment management company Tiger Global Management sold its remaining stake in the company via a bulk deal on the BSE.

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Japanese Market Modestly Higher

Japanese Market Modestly Higher

Reversing some of the losses in the previous session, the Japanese market is modestly higher on Friday after opening in the red, despite the broadly negative cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,550 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | il y a 1h 52min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Friday, extending the losses in the previous three sessions, following he broadly negative cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,500 level, with weakness in iron ore miners and financial stocks and a mixed performance in all other sectors.
RTTNews | il y a 2h 8min
BoJ Minutes, Inflation Data Due On Friday

BoJ Minutes, Inflation Data Due On Friday

The Bank of Japan will on Friday release the minutes from its monetary policy meeting on April 30-May 1, highlighting a busy day for Asia-Pacific economic activity.
RTTNews | il y a 5h 24min
Euro Falls Against Pound

Euro Falls Against Pound

The euro dropped against the pound in the New York session on Thursday.
RTTNews | il y a 8h 31min
European Shares Close Lower On Middle East Tension

European Shares Close Lower On Middle East Tension

After finishing mixed in the previous session, the major European markets all headed south on Thursday as speculation grew over a possible U.S. involvement in the Israel-Iran conflict.
RTTNews | il y a 8h 37min
Bank Of England Holds Rate Steady On Higher Inflation

Bank Of England Holds Rate Steady On Higher Inflation

The Bank of England maintained interest rates unchanged on Thursday as inflation in the U.K. has remained persistently above the target and geopolitical tensions escalated, raising the upside risks to inflation. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 6-3 to hold the Bank Rate at 4.25 percent. Three members preferred to reduce the rate by 25 basis points.
RTTNews | il y a 14h 32min