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Sensex, Nifty Snap Four-day Losing Streak

RTTNews | 1061 dias atrás

Sensex, Nifty Snap Four-day Losing Streak

(RTTNews) - Indian shares rose notably on Friday to snap a four-day losing streak after two of the Federal Reserve's most hawkish policymakers signaled support for a second straight 75-basis-point rate hike at the U.S. central bank's policy meeting later this month, alleviating some fears of a 100-basis point hike.

The benchmark S&P BSE Sensex rose 344.63 points, or 0.65 percent, to 53,760.78 while the broader NSE Nifty index settled at 16,049.20, up 110.55 points, or 0.69 percent, from its previous close.

FMCG stocks topped the gainers list, while IT and metal stocks were hit hard.

Hindustan Unilever and Tata Consumer Products both rose about 3 percent, given the recent softening trend in commodity prices.

Among other prominent gainers, Larsen & Toubro, Tata Motors and Titan Company surged 2-3 percent.

Metal stocks led losses, with Tata Steel tumbling 2.6 percent after China GDP data missed forecasts. IT stocks such as Wipro and HCL Technologies lost around 2 percent each.

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U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.

RTTNews | 36 minutos atrás

Eurozone Investor Confidence Strongest In A Year: Sentix

Eurozone Investor Confidence Strongest In A Year: Sentix

Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. This was the highest reading since June 2024 and remained well above economists' forecast of -6.0.

RTTNews | 3 h 31 min atrás

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Tuesday morning with investors looking for directional clues as they await the outcome of the U.S.-China trade negotiations.

RTTNews | 4 h 23 min atrás

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.

RTTNews | 4 h 57 min atrás

CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.

RTTNews | 5 h 42 min atrás

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London. The negotiations, which commenced on Monday, have not yielded any positive news so far.

RTTNews | 6 h 4 min atrás

Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.

RTTNews | 6 h 25 min atrás

Yen Recovers Amid BoJ Rate Hike Speculation

Yen Recovers Amid BoJ Rate Hike Speculation

The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.

RTTNews | 6 h 47 min atrás

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