Sensex, Nifty Extend Recent Gains; Financials And Tech Stocks Lead

RTTNews | 103 일 전
Sensex, Nifty Extend Recent Gains; Financials And Tech Stocks Lead

(RTTNews) - Indian shares were notably higher in early trade on Monday despite mixed cues from global markets.

The benchmark S&P BSE Sensex was up 659 points, or 0.8 percent, at 79,912 as trading resumed after a long holiday weekend. The broader NSE Nifty index rose 170 points, or 0.7 percent, to 24,022.

IndusInd Bank surged 4.2 percent, extending gains for the fifth straight session. Bajaj FinServ, Infosys, Axis Bank, SBI and Tech Mahindra rallied 2-4 percent.

HCL Technologies climbed 1.8 percent, while Maruti Suzuki edged down slightly and HUL fell around 1 percent ahead of their quarterly results due this week.

Yes Bank jumped 4.4 percent as the private sector lender reported a 63.3 percent year-on-year (YoY) jump in quarterly net profit.

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U.S. Dollar Falls As Weak Jobs Data Lifts Rate Cut Hopes

U.S. Dollar Falls As Weak Jobs Data Lifts Rate Cut Hopes

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for July strengthened expectations of a Fed rate cut in September.
RTTNews | 22 시간 13 분 전
U.S. Construction Spending Unexpectedly Sees Further Downside In June

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The Commerce Department released a report on Friday unexpectedly showing a continued decrease by U.S. construction spending in the month of June. The report said construction spending fell by 0.4 percent to an annual rate of $2.136 trillion in June after sliding by 0.5 percent to a revised rate of $2.144 trillion in May.
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U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July

U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved marginally less than previously estimated in the month of July. The University of Michigan said its consumer sentiment index for July was downwardly revised to 61.7 from a preliminary reading of 61.8. Economists had expected the index to be upwardly revised to 62.0.
RTTNews | 1 일 전
U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July

U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July

Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of July, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI edged down to 48.0 in July after inching up to 49.0 in June with a reading below 50 indicating contraction.
RTTNews | 1 일 전
Eurozone Inflation Steady At 2% ECB Target

Eurozone Inflation Steady At 2% ECB Target

Euro area consumer price inflation was unchanged at the European Central Bank's 2 percent target in July, easing the pressure for more easing. The harmonized index of consumer prices increased 2.0 percent year-on-year in July, the same rate of increase as seen in June. Inflation was forecast to ease marginally to 1.9 percent.
RTTNews | 1 일 전