Sensex, Nifty Modestly Higher On Dovish Fed Minutes

RTTNews | Pred 988 dňami
Sensex, Nifty Modestly Higher On Dovish Fed Minutes

(RTTNews) - Indian shares opened on a positive note Thursday on the back of positive global cues after the minutes of the Fed's early-November policy meeting showed a "substantial majority" of Fed officials supported slowing down the pace of interest rate hikes at upcoming meetings.

The benchmark S&P BSE Sensex was up 260 points, or 0.4 percent, at 61,772 in early trade, while the broader NSE Nifty index was up 77 points, or 0.4 percent, at 18,344.

HDFC Bank, BPCL, HDFC Life, Apollo Hospitals Enterprise and Tata Consumer Products climbed 1-3 percent in the Nifty pack, while Adani Enterprises fell over 1 percent on reports that the company is considering issuing about $1.8 billion to $2.4 billion in new shares as soon as next year.

Tata Consumer Products rallied 2.5 percent on a report that it plans to acquire Bisleri for Rs 7,000 crore.

Glenmark Pharma edged down slightly after receiving a warning letter from the U.S. FDA for its Goa unit.

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Win Streak May End For Japan Stock Market

Win Streak May End For Japan Stock Market

The Japan stock market has moved higher in three consecutive sessions, advancing more than 760 points or 1.9 percent along the way. The Nikkei 225 now sits just shy of the 41,060-point plateau although it may spin its wheels on Friday.
RTTNews | Pred 27 minútami
South Korea Shares May Run Out Of Steam On Friday

South Korea Shares May Run Out Of Steam On Friday

The South Korea stock market has moved higher in four straight sessions, advancing almost 110 points or 3.6 percent along the way. The KOSPI now sits just above the 3,225-point plateau although the rally may stall on Friday.
RTTNews | Pred 42 minútami
Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan will release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are June figures for household spending and current account and July numbers for bank lending and the eco watchers survey.
RTTNews | Pred 1 h 42 min
U.S. Wholesale Inventories Inch Up Less Than Expected In June

U.S. Wholesale Inventories Inch Up Less Than Expected In June

Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.
RTTNews | Pred 8 h 35 min
U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2

U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter.
RTTNews | Pred 9 h 6 min
U.S. Jobless Claims Rise More Than Expected To 226,000

U.S. Jobless Claims Rise More Than Expected To 226,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd. The Labor Department said initial jobless claims climbed to 226,000, an increase of 7,000 from the previous week's revised level of 219,000.
RTTNews | Pred 9 h 16 min
Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.
RTTNews | Pred 10 h 13 min