Sensex, Nifty Follow Wall Street Higher

RTTNews | 259 일 전
Sensex, Nifty Follow Wall Street Higher

(RTTNews) - Indian shares opened on a positive note Tuesday after the S&P 500 and Nasdaq Composite hit record high levels overnight on hopes for a December rate cut by the U.S. Federal Reserve.

The benchmark S&P/BSE Sensex was up 182 points, or 0.2 percent, at 80,430 in early trade while the broader NSE Nifty index was up 53 points, or 0.2 percent, at 24,329. Among the top gainers, Shriram Finance and Adani Ports were up 3-4 percent.

HCL Technologies, Cipla and SBI rose 1-2 percent while Bharti Airtel, Trent and ITC dropped 1-2 percent.

ONGC gained 1 percent on reports it is looking to venture into mining of offshore minerals.

Swiggy jumped 4 percent after expanding its 10-minute food delivery service Bolt to over 400 cities in India.

Torrent Power soared 5.2 percent as it launched a QIP issue to raise up to Rs 5,000 crore in one or more tranches.

Pricol rallied 2.2 percent after it acquired Sundaram Auto Components (SACL)'s Injection Moulding business.

Adani Power edged down slightly after Bangladesh reduced by half the power it purchases from the company amid a payment dispute.

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Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year. Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews | 37 분 전
European Shares Seen Higher At Open

European Shares Seen Higher At Open

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RTTNews | 3 시간 20 분 전
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Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
RTTNews | 3 시간 50 분 전
Sensex, Nifty Slightly Higher In Early Trade

Sensex, Nifty Slightly Higher In Early Trade

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RTTNews | 4 시간 16 분 전
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
RTTNews | 5 시간 24 분 전
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
RTTNews | 5 시간 34 분 전