Sensex, Nifty Follow Global Peers Higher As Yields Stabilize

RTTNews | 622 days ago
Stocktwits
Sensex, Nifty Follow Global Peers Higher As Yields Stabilize

(RTTNews) - Indian shares opened on a positive note on Wednesday, mirroring firm cues from global markets as oil prices extended declines and yields stabilized after recent surge.

The benchmark S&P BSE Sensex was up 150 points, or 0.2 percent, at 64,722 in early trade while the broader NSE Nifty index was up 43 points, or 0.2 percent, at 19,324.

Metal stocks traded higher, with JSW Steel, Tata Steel and Hindalco rallying 2-3 percent after reports of new stimulus in China and Japan.

Among the prominent decliners, Divis Laboratories, Cipla, HDFC Life and Apollo Hospitals Enterprise all were down around 1 percent.

Reliance Industries rose half a percent on reports it is close to acquiring Walt Disney's India operations in a cash and stock deal.

Tech Mahindra also added half a percent ahead of its Q2 earnings release.

NDTV was slightly lower after quarterly profit dropped 51 percent on lower revenue. Infosys fell about 1 percent on going ex-dividend.

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UK Stocks Turning In Mixed Performance In Cautious Trade

UK Stocks Turning In Mixed Performance In Cautious Trade

U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews | 5h 25min ago
CAC 40 Slightly Lower In Lackluster Trade

CAC 40 Slightly Lower In Lackluster Trade

French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews | 6h 11min ago
Australia Central Bank Unexpectedly Maintains Status Quo

Australia Central Bank Unexpectedly Maintains Status Quo

The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews | 6h 23min ago
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