Sensex Soars Over 900 Points; Nifty Tops 15,600

RTTNews | 1135 दिनों पहले
Sensex Soars Over 900 Points; Nifty Tops 15,600

(RTTNews) - Indian shares posted strong gains on Tuesday in a relief rally as investors waited for U.S. markets to resume trading after a holiday the previous day.

U.S. stock futures pointed to a sharply higher open later in the day, helping underpin sentiment ahead of Fed Chair Jerome Powell's testimony before Congress over two days.

The benchmark S&P BSE Sensex soared 934.23 points, or 1.81 percent, to 52,532.07, extending gains for a second straight session.

The broader NSE Nifty index closed at 15,638.80, up 288.65 points, or 1.88 percent, from its previous close with gains seen across all sectors.

Tata Motors, JSW Steel, Coal India, Hindalco and Titan Company shares jumped 4-6 percent while defensive stocks such as Nestle India and Apollo Hospitals Enterprise ended on a subdued note.

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Fed Leaves Interest Rates Unchanged In Divided Decision

Fed Leaves Interest Rates Unchanged In Divided Decision

The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged for the fifth consecutive meeting. In support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.
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Swiss Market Settles Lower After Choppy Session

Swiss Market Settles Lower After Choppy Session

The Switzerland market ended on a weak note on Wednesday despite spending much of the day's trading session in positive territory. The focus was on corporate earnings and the developments on the trade front.
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U.S. Pending Home Sales Unexpectedly Decrease In June

U.S. Pending Home Sales Unexpectedly Decrease In June

Pending home sales in the U.S. unexpectedly decreased in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index slid by 0.8 percent to 72.0 in June after jumping by 1.8 percent to 72.6 in May. Economists had expected pending home sales to rise by 0.2 percent.
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Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting

Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting

In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
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U.S. GDP Rebounds In Q2 Amid Sharp Pullback By Imports

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The Commerce Department released a report on Wednesday showing the U.S. economy rebounded by more than expected in the second quarter of 2025. The report said real gross domestic product surged by 3.0 percent in the second quarter after falling by 0.5 percent in the first quarter. Economists had expected GDP to jump by 2.5 percent.
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U.S. Private Sector Job Growth Exceeds Estimates In July

U.S. Private Sector Job Growth Exceeds Estimates In July

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of July. The report said private sector employment jumped by 104,000 jobs in July after slipping by a revised 23,000 jobs in June.
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