Sensex, Nifty Tad Higher In Early Trade

RTTNews | 65 дней спустя
Sensex, Nifty Tad Higher In Early Trade

(RTTNews) - Indian shares opened on a positive note Thursday as tamer-than-expected U.S. CPI data led to some optimism about the Federal Reserve resuming interest rate cuts in the near future.

The benchmark 30-share BSE Sensex was up 190 points, or 0.2 percent, at 74,219 in early trade while the broader NSE Nifty index edged up by 47 points, or 0.2 percent, to 22,517.

Among the top gainers, Adani Enterprises, SBI, Tata Steel and ONGC rose 1-2 percent. MTNL jumped 14 percent on news that it has earned 2,134.61 crore from the monetization of land and building assets.

Bharat Electronics rallied 2.4 percent on winning a Rs 2,463 crore contract from the Ministry of Defence to supply and service Ashwini radars for the Indian Air Force.

Alkem Laboratories was marginally higher after launching a generic diabetes drug.

IndusInd Bank shares were down 2.3 percent and Shriram Finance fell 1.3 percent.

Ola Electric Mobility shares were down about 1 percent. The company said it expects auto business to breakeven by the next quarter.

Power Finance Corporation dropped 1 percent after its board approved Rs 1,40,000 crore borrowing plan for 2025-26.

read more
U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews | 15ч 15мин назад
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 17ч 5мин назад
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 17ч 28мин назад
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 18ч 16мин назад
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | 20ч 22мин назад
U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | 20ч 25мин назад
Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews | 21ч 15мин назад