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

RTTNews | 830 дней спустя

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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U.S. Dollar Climbs Amid Rising Treasury Yields

U.S. Dollar Climbs Amid Rising Treasury Yields

The U.S. dollar strengthened against its major counterparts in the New York session on Tuesday, as investors awaited upcoming nonfarm payrolls data.

RTTNews | 12 минут назад

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 | 4ч 59мин назад

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

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RTTNews | 5ч 4мин назад

European Markets Finish In The Red On Tuesday

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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 | 5ч 11мин назад

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

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RTTNews | 7ч 12мин назад

Domino's Launches Two New Delectable Bread Bites Flavors

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RTTNews | 7ч 24мин назад

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 | 7ч 26мин назад

FTSE 100 Slips As Yields Spike, Sterling Plunges

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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 | 8ч 13мин назад

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