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Sensex, Nifty Erase Early Losses To End Higher

RTTNews | 659 dagar sedan

Sensex, Nifty Erase Early Losses To End Higher

(RTTNews) - Indian shares recovered from an early slide to end higher on Monday, with IT and metal stocks leading the surge.

IT stocks posted strong gains as signs of easing inflation in the U.S. and Europe raised hopes that major central banks are approaching the end of tightening cycles.

Metal stocks benefited from China stimulus optimism after the country's State Council announced further measures to bolster consumption.

The benchmark S&P BSE Sensex ended the session up 367.47 points, or 0.56 percent, at 66,527.67 while the broader NSE Nifty index settled 107.75 points, or 0.55 percent, higher at 19,753.80.

Tech Mahindra, Adani Ports, ONGC, Power Grid Corp and NTPC jumped 3-4 percent in the Nifty pack, while Apollo Hospitals Enterprise led loses to close 3 percent lower.

Kotak Mahindra Bank, Bajaj Finance, HDFC Life and Britannia Industries fell 1-2 percent.

Welspun India soared 9 percent after reporting its June quarter results. Mishra Dhatu Nigam rallied 7 percent after bagging new orders worth Rs 178.54 crore.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.

RTTNews | 1h 45minuter sedan

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.

RTTNews | 2h 34minuter sedan

European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.

RTTNews | 2h 54minuter sedan

TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.

RTTNews | 4h 25minuter sedan

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.

RTTNews | 5h 25minuter sedan

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | 7h 55minuter sedan

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | 8h 21minuter sedan

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | 9h 9minuter sedan

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