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Sensex, Nifty Edge Higher; ONGC Declines As Crude Prices Tumble

RTTNews | 830 dias atrás

Sensex, Nifty Edge Higher; ONGC Declines As Crude Prices Tumble

(RTTNews) - Indian shares were seeing modest gains on Friday despite mixed cues from global markets as U.S. debt ceiling negotiations dragged on.

The benchmark S&P BSE Sensex was up 223 points, or 0.4 percent, at 62,096 while the broader NSE Nifty index was up 61 points, or 0.3 percent, at 18,382.

Reliance Industries climbed 2 percent after completing the acquisition of Lotus Chocolate.

Zee Entertainment Enterprises jumped 3 percent. The company posted consolidated net loss of Rs 196 crore for the quarter ended March 31 as against Rs 182-crore profit a year ago.

Vodafone Idea gained about 1 percent after narrowing its Q4 net loss and reporting its first annual revenue growth since merger of Vodafone and Idea Cellular in 2018.

Adani Enterprises, Tata Consumer Products, Divis Laboratories and Wipro all rose over 1 percent while ONGC fell about 2 percent after oil prices saw their biggest decline since early May overnight.

Grasim and Power Grid Corp were down around 1 percent each.

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Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | 1 h 50 min atrás

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | 1 h 55 min atrás

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 2 h 2 min atrás

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 4 h 3 min atrás

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 4 h 15 min atrás

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 4 h 17 min atrás

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | 5 h 4 min atrás

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | 6 h 13 min atrás

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