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Sensex, Nifty Rally After Oil Price Crash

RTTNews | Pred 1070 dňami

Sensex, Nifty Rally After Oil Price Crash

(RTTNews) - Indian shares rose sharply on Wednesday and the rupee held steady in the afternoon after oil prices crashed more than 8 percent overnight, helping ease investor worries surrounding high inflation and interest-rate hikes.

Global cues were mixed, with Asian markets closing mostly lower on recession worries, while European stocks rebounded after an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch.

U.S. stock futures slipped ahead of the release of minutes from the latest Fed meeting later in the day.

Closer home, the benchmark S&P BSE Sensex surged 616.62 points, or 1.16 percent to 53,750.97 while the broader NSE Nifty index settled up 178.95 points, or 1.13 percent, at 15,989.80.

Bajaj Finance soared 4.8 percent to top the gainers list after giving healthy Q1FY23 update. Bajaj FinServ, Britannia Industries, Hindustan Unilever and Eicher Motor rallied 3-4 percent.

ONGC led losses to close 4.8 percent lower as crude prices steadied near $100 a barrel in European trade.

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TSX Up Marginally; Energy Stocks Rise

TSX Up Marginally; Energy Stocks Rise

After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors. Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.

RTTNews | Pred 41 minútami

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 | Pred 1 h 17 min

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 | Pred 4 h 11 min

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 | Pred 5 h 4 min

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 | Pred 5 h 37 min

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 | Pred 6 h 22 min

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 | Pred 6 h 44 min

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 | Pred 7 h 6 min

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