Sensex, Nifty Extend Gains For Third Day To Reach Three-week Highs

RTTNews | 1052 วันที่ผ่านมา
Sensex, Nifty Extend Gains For Third Day To Reach Three-week Highs

(RTTNews) - Indian shares rose for a third straight session on Tuesday on the back of positive global cues and falling crude oil prices. Benchmarks Sensex and Nifty climbed to over three-week highs, mirroring firm global cues after Britain's new finance minister announced a comprehensive retreat on the U.K. government's tax-and-spending plans on Monday in a bid to calm jittery markets and restore the government's credibility.

Oil prices fell in choppy trade after media reports suggested that the Biden administration could sell oil from the Strategic Petroleum Reserve this week in a bid to dampen fuel prices before next month's congressional elections.

Adding to investor optimism, the Reserve Bank of India (RBI) has expressed optimism that retail inflation is set to ease from September levels on the back of easing momentum and favorable base effects.

In its monthly bulletin published on Monday, the RBI also said that broader economic activity remains resilient and poised to expand further.

The benchmark S&P BSE Sensex jumped 549.62 points, or 0.94 percent, to close at 58,960.60, marking its best closing since September 22.

The broader NSE Nifty index settled at 17,486.95, up 175.15 points, or 1.01 percent, from its previous close.

Among the top gainers, SBI Life, ITC, Eicher Motors, Adani Ports and SBI all rose about 3 percent.

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Japan Household Spending Data Due On Friday

Japan Household Spending Data Due On Friday

Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
RTTNews | 40 นาทีที่ผ่านมา
Swiss Franc Falls Against Majors

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Canadian Market Looks Headed For Another Positive Close

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Swiss Market Closes On Buoyant Note

Swiss Market Closes On Buoyant Note

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RTTNews | 5 ชม. 6 นาทีที่ผ่านมา
European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

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U.S. Services Index Climbs To Six-Month High In August

U.S. Services Index Climbs To Six-Month High In August

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U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

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A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
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U.S. Trade Deficit Widens More Than Expected As Imports Spike

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