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Sensex, Nifty Marginally Higher In Early Trade; Bajaj Finance Shares Slip Over 2%
(RTTNews) - Indian shares were marginally higher on Thursday after a sharp rally in the previous session on hopes that the Fed may be done hiking interest rates.
The benchmark S&P BSE Sensex was up 50 points, or 0.1 percent, at 55,726 in early trade while the broader NSE Nifty index was up 13 points at 19,688.
TCS, Hero MotoCorp, ONGC, BPCL and NTPC rose 1-2 percent while Bajaj Finance fell 2.2 percent after the RBI asked the company to stop disbursing loans through two of its lending products.
Hindalco, JSW Steel and Adani Enterprises all were down around 1 percent.
Dabur India gained 1 percent after two of its overseas subsidiaries have been dismissed from a lawsuit in the United States.
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The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the consumer price index came in softer than expected in May.
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European Stocks Pare Early Gains, Close Mostly Lower
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TSX Hits Fresh Record High; Technology, Consumer Discretionary Stocks Shine
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ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year
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U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected
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Bay Street Seen Opening On Mixed Note
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