Sensex, Nifty Rally Led By IT Stocks

RTTNews | 950 dni temu
Sensex, Nifty Rally Led By IT Stocks

(RTTNews) - Indian shares opened on a positive note Tuesday on the back of firm global cues and falling oil prices.

The benchmark S&P BSE Sensex jumped 675 points, or 1.2 percent, to 59,085 in early trade, while the broader NSE Nifty index was up nearly 200 points, or 1.2 percent, at 17,511.

IT stocks traded higher, with TCS, Infosys, Wipro and HCL Technologies climbing 1-2 percent.

Among other prominent gainers, Larsen & Toubro, UltraTech, Reliance Industries, Hindalco and Bharti Airtel gained 1-2 percent.

GlaxoSmithKline Pharmaceuticals rose about 1 percent after appointing Bhushan Akshikar as its new managing director.

Zee Entertainment Enterprises jumped 4 percent on news that Invesco Developing Markets Fund will sell a 5.51 percent stake in the company via a block deal.

PVR was little changed despite reporting a bigger-than-expected second quarter loss.

read more
Japan Leading Index Data Due On Monday

Japan Leading Index Data Due On Monday

Japan will on Monday see March results for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 31 minut temu
Euro Slips On Trump's Tariff Proposal

Euro Slips On Trump's Tariff Proposal

The euro fell against its major counterparts on Friday, as President Donald Trump proposed tariffs on imports from the European Union starting on June 1.
RTTNews | 2 dni temu
Swiss Market Ends Weak On Tariff Concerns

Swiss Market Ends Weak On Tariff Concerns

After opening on a positive note and staying above the flat line till about an hour past noon, the Switzerland market tumbled on Friday, hurt by U.S. President Donald Trump's threat that imports from the European Union will face 50% tariffs from June 1st.
RTTNews | 2 dni temu
European Stocks Closed Weak On Trump's Fresh Tariff Threat

European Stocks Closed Weak On Trump's Fresh Tariff Threat

European stocks closed on a weak note on Friday despite staging a fairly strong recovery past mid afternoon. After staying modestly higher till noon, the major European markets tumbled after U.S. President Donald Trump threatened to impose 50% tariffs on imports from the European Union from June 1st.
RTTNews | 2 dni temu
TSX Recovers After Early Setback; Materials Stocks Move Higher

TSX Recovers After Early Setback; Materials Stocks Move Higher

After a weak start and a subsequent drop to lower levels, the Canadian market recovered well and is down just marginally a little past noon on Friday. The early setback was due to U.S. President Donald Trump's threat that 50% tariffs will be imposed on imports from the European Union beginning June 1st.
RTTNews | 2 dni temu
U.S. New Home Sales Spike From Downwardly Revised Level In April

U.S. New Home Sales Spike From Downwardly Revised Level In April

The Commerce Department released a report on Friday showing new home sales in the U.S. in the month of April spiked compared to a significantly downwardly revised level in March. The report said new home sales soared by 10.9 percent to an annual rate of 743,000 in April after jumping by 2.6 percent to a downwardly revised rate of 670,000 in March.
RTTNews | 2 dni temu
Germany Logs Stronger Growth On Tariff Threats

Germany Logs Stronger Growth On Tariff Threats

The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.
RTTNews | 2 dni temu
Bay Street Likely To Open On Negative Note On Tariff Concerns

Bay Street Likely To Open On Negative Note On Tariff Concerns

Canadian shares look headed for a weak start Friday morning as tariff concerns resurfaced after U.S. President Donald Trump threatened 50% tariffs on EU goods from June 1. Weak oil prices could hurt energy stocks and add to market's downside.
RTTNews | 2 dni temu