Sensex, Nifty Follow Global Peers Higher; IT And Adani Group Stocks Lead Surge

RTTNews | 906天前
Sensex, Nifty Follow Global Peers Higher; IT And Adani Group Stocks Lead Surge

(RTTNews) - Indian shares opened higher on Monday, mirroring positive global cues as the U.S. 10-year Treasury yield pulled back after jumping to a three-month closing high above 4.0 percent.

The benchmark S&P/BSE Sensex was up 528 points, or 0.9 percent, at 60.336 in early trade, while the broader NSE Nifty index was up 148 points, or 0.8 percent, at 17,742.

Adani Group stocks extended recent gains, with Adani Enterprises rallying 10 percent and Adani Ports climbing 3.3 percent.

HCL Technologies jumped over 2 percent on reports it aims to double semiconductor business in four years. Infosys, TCS and Wipro all were up around 1 percent.

ONGC rose half a percent and Reliance Industries added 1 percent after the government slashed windfall gains tax on exports of diesel and aviation turbine fuel (ATF), while marginally increasing the levy on domestic crude oil in its 16th fortnightly revision of the duties.

read more
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 37分鐘前
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 2小時29分鐘前
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 3小時22分鐘前
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 3小時23分鐘前
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 4小時48分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 5小時3分鐘前