Sensex, Nifty Reach Fresh Record Highs

RTTNews | Pred 688 dňami
Sensex, Nifty Reach Fresh Record Highs

(RTTNews) - Indian shares posted strong gains on Monday, as signs of a resilient U.S. economy and hopes that the Federal Reserve will taper its hawkish stance outweighed investor disappointment over sluggish PMI data from parts of Asia and Europe.

Closer home, India's manufacturing activity continued to expand strongly in June, thanks to greater demand for India-made products both domestically and internationally, the results of the purchasing managers' survey from S&P Global showed today.

The manufacturing Purchasing Managers' Index, or PMI, dropped to 57.8 in June from 58.7 in May.

Benchmark indexes Sensex and Nifty both settled at record closing highs despite gains in the dollar index and a surge in oil prices.

The S&P/BSE Sensex jumped 486.49 points, or 0.75 percent, to 65,205.05, while the broader NSE Nifty index settled 133.50 points, or 0.7 percent, higher at 19,322.55.

Among the top gainers, Reliance Industries, Bajaj Finance, BPCL, ITC and Grasim rallied 2-3 percent in the Nifty pack.

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Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning. Weak European stocks, concerns about U.S. debt, impasse over peace talks and a lack of progress in trade negotiations may weigh on sentiment. Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
RTTNews | Pred 3 h 1 min
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

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UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
RTTNews | Pred 3 h 51 min
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April. Investors are also reacting to some corporate earnings announcements.
RTTNews | Pred 3 h 58 min
CAC 40 Moderately Lower In Cautious Trade

CAC 40 Moderately Lower In Cautious Trade

French stocks are under a bit of pressure on Wednesday amid uncertainty about Ukraine-Russia peace talks, and a lack of positive progress on the trade front. The recent downgrade of U.S. sovereign credit rating by Moody's weigh as well on investor sentiment.
RTTNews | Pred 4 h 31 min
Sensex, Nifty Snap Three-day Losing Streak

Sensex, Nifty Snap Three-day Losing Streak

Indian shares eked out modest gains on Wednesday, after having suffered heavy losses in the previous session amid rising geopolitical tensions, growing concerns over U.S. debt and a spike in Covid-19 cases in Southeast Asia.
RTTNews | Pred 4 h 38 min
DAX Drifts Lower On Geopolitical Concerns

DAX Drifts Lower On Geopolitical Concerns

German stocks are down in negative territory on Wednesday as investors make cautious moves, awaiting fresh news on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weigh on sentiment.
RTTNews | Pred 4 h 59 min
Asian Shares Rise In Cautious Trade; Nikkei Drops On Yen Strength

Asian Shares Rise In Cautious Trade; Nikkei Drops On Yen Strength

Asian stocks ended mostly higher on Wednesday, with Japanese markets underperforming as the yen continued to strengthen on BoJ rate hike bets and data showed Japan's export growth continued to decelerate for the second consecutive month.
RTTNews | Pred 6 h 12 min