Sensex, Nifty Extend Rally For Fifth Day

RTTNews | 1056 dagar sedan
Sensex, Nifty Extend Rally For Fifth Day

(RTTNews) - Indian shares rose for a fifth straight session on Thursday despite mixed global cues and the impending weekly futures & options expiry.

The benchmark S&P BSE Sensex rose 284.42 points, or 0.51 percent, to 55,681.95, taking support from FII buying in recent sessions and a downward trend in oil prices.

Oil prices were down more than 4 percent in European trade, extending losses for a second consecutive session, after lower gasoline demand during the peak summer driving season in the U.S. casted gloom over the prospects for global demand.

The broader NSE Nifty index settled up 84.40 points, or 0.51 percent, at 16,605.25. IndusInd Bank soared 8 percent after its Q1 profit jumped 64 percent, beating analysts' forecasts.

Larsen & Toubro, UPL, Tata Consumer Products and Bajaj Finance all surged around 3 percent while Cipla, Kotak Mahindra Bank, SBI Life and Dr Reddy's Laboratories dropped 1-2 percent.

read more
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 48 minuter sedan
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 1h 57minuter sedan
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 3h 4minuter sedan
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 3h 13minuter sedan
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 3h 14minuter sedan
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Inc. shares were gaining around 2.4 percent in the pre-market activity on the Nasdaq following a 6 percent jump on Tuesday's regular trading, after the founder and CEO Elon Musk confirmed that the much awaited robotaxi service is tentatively set to launch in Austin, Texas, on June 22. In a post on his social media platform X, Musk said, "Tentatively, June 22. We are being super paranoid...
RTTNews | 3h 17minuter sedan