Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

RTTNews | Pred 71 dňami
Stocktwits
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

(RTTNews) - Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.

The benchmark S&P BSE Sensex was up 168 points, or 0.2 percent, at 81,480 in early trade while the broader NSE Nifty index edged up by 52 points, or 0.2 percent, to 24,803.

Tech Mahindra, Eternal and Infosys all were up around 1 percent.

Natco Pharma rallied 2.3 percent after reporting a solid performance in the fourth quarter.

IRCTC rose about 1 percent on reporting a 26 percent year-on-year increases in its Q4 consolidated net profit.

SAIL gained 1 percent after fourth-quarter profit rose 11 percent from last year.

Deepak Nitrate climbed 1.4 percent on reporting a marginal rise in Q4 revenue.

Bajaj Auto was slightly lower ahead of its earnings release.

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Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | Pred 12 minútami
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | Pred 36 minútami
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | Pred 5 h 9 min
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | Pred 7 h 3 min
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | Pred 7 h 22 min
DAX Modestly Lower After Four-day Winning Streak

DAX Modestly Lower After Four-day Winning Streak

German stocks are down in negative territory on Friday, drifting lower after four successive days of gains, as some disappointing earnings announcements, and concerns about the impact of tariffs imposed by U.S. President Donald Trump weigh on sentiment.
RTTNews | Pred 8 h 25 min
European Shares Mixed As Investors Weigh Trump Tariff Impact

European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
RTTNews | Pred 8 h 56 min
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