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Sensex, Nifty See Marginal Gains; Metal Stocks Shine

RTTNews | Pred 1007 dňami

Sensex, Nifty See Marginal Gains; Metal Stocks Shine

(RTTNews) - Indian shares opened a tad higher on Wednesday, despite mixed global cues and anxiety ahead of Fed Chair Jerome Powell's speech later in the day.

The benchmark S&P BSE Sensex rose 62 points, or 0.1 percent, to 62,743 in early trade, while the broader NSE Nifty index was up 25 points, or 0.1 percent, at 18,642.

Metal stocks traded higher, with Tata Steel, JSW Steel and Hindalco climbing 1-3 percent.

IT stocks were moving lower, with Tech Mahindra, Infosys and HCL Technologies losing around 1 percent each.

NDTV surged 5 percent after founders Prannoy Roy and Radhika Roy resigned as directors of the media firm.

Britannia Industries gained about 1 percent after it entered into a joint venture with Bel SA of France and Britannia Dairy to develop, manufacture and sell cheese products in India and some other markets.

Yes Bank advanced 1.5 percent after acquiring a 9.9 percent stake in JC Flowers Asset Reconstruction Company (ARC).

Cipla rose 0.6 percent as it launched Leuprolide Acetate Injection Depot 22.5 mg, used in the treatment of prostate cancer.

Biocon edged up slightly. Its unit Biocon Biologics has completed the multi-billion-dollar acquisition of the global biosimilars business of its partner Viatris.

Inox Wind rallied 3.3 percent on news the company and its arm Inox Green Energy Services have paid debts of Rs 411 crore.

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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 | Pred 4 h 43 min

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | Pred 4 h 48 min

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

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 | Pred 4 h 55 min

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | Pred 6 h 56 min

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | Pred 7 h 8 min

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 | Pred 7 h 10 min

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

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 | Pred 7 h 57 min

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | Pred 9 h 6 min

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