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Sensex, Nifty See Modest Gains At Open; Metal Stocks Decline

RTTNews | 853 hari yang lalu

Sensex, Nifty See Modest Gains At Open; Metal Stocks Decline

(RTTNews) - Indian shares were seeing modest gains at open on Thursday, as caution prevailed ahead of U.S. inflation data due later in the day that might influence the Fed rate outlook.

The benchmark S&P BSE Sensex rose 110 points, or 0.2 percent, to 60,214 in early trade while the broader NSE Nifty index was up 33 points, or 0.2 percent, at 17,929.

UltraTech Cement, Grasim, Coal India and Titan Company all rose over 1 percent while metal stocks such as Tata Steel and Hindalco were down around 1 percent after recent strong gains.

Tata Motors edged up slightly after unveiling 14 new products at the 2023 Auto Expo. Infosys was modestly higher and HCL Technologies rose over 1 percent ahead of their earnings releases.

Wipro gained 1 percent after rolling out senior-level promotions and raises as part of its retention strategy.

Sun Pharma was marginally lower after receiving a FDA warning for GMP violations for its Halol facility.

Hindustan Unilever dropped half a percent on completing the acquisition of a 51 percent stake in Zywie Ventures.

Hindalco fell 1.2 percent on fund raising reports.

Rail Vikas Nigam added 1.5 percent after bagging the Chennai Metro Rail project worth Rs 1,134 crore.

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E.ON Confirms Outlook After Higher Q1 Adj. Earnings

E.ON Confirms Outlook After Higher Q1 Adj. Earnings

German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.

RTTNews | 4j 55min yang lalu

Yen Rises Against Majors

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The Japanese yen strengthened against other major currencies in the European session on Wednesday.

RTTNews | 7j 18min yang lalu

FTSE 100 Flat As Stocks Move In Tight Range

FTSE 100 Flat As Stocks Move In Tight Range

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RTTNews | 7j 54min yang lalu

CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings

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French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.

RTTNews | 8j 14min yang lalu

Sensex, Nifty End Choppy Session Modestly Higher

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RTTNews | 8j 20min yang lalu

DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings

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German stocks are down in negative territory on Wednesday with investors mostly making cautious moves after recent gains in the wake of the U.S. and China striking a trade deal, and somewhat soft U.S. consumer price inflation data.

RTTNews | 8j 37min yang lalu

European Shares Drift Lower In Lackluster Trade

European Shares Drift Lower In Lackluster Trade

European stocks were slightly lower in cautious trade on Wednesday while the dollar extended losses as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.

RTTNews | 9j 29min yang lalu

Asian Shares Mixed; Hang Seng Rises Over 2% On Earnings Optimism

Asian Shares Mixed; Hang Seng Rises Over 2% On Earnings Optimism

Asian stocks turned in a mixed performance on Wednesday as investors digested softer-than-expected inflation data from the U.S. and awaited more clarity on ongoing trade talks.

RTTNews | 9j 57min yang lalu

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