Sensex, Nifty Tad Higher In Early Trade

RTTNews | 170 ngày trước
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
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 23h 21phút trước
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 1 ngày trước
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 1 ngày trước
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 1 ngày trước
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 1 ngày trước