Sensex, Nifty Open Higher On Strong US Jobs Data

RTTNews | 80 dagar sedan
Sensex, Nifty Open Higher On Strong US Jobs Data

(RTTNews) - Indian shares traded higher on Monday, with underlying sentiment supported by firm cues from global markets after the release of better-than-expected monthly jobs report from the U.S.

The benchmark S&P BSE Sensex was up 308 points, or 0.4 percent, at 82,496 in early trade, with financials and IT stocks leading the surge.

The broader NSE Nifty index edged up by 90 points, or 0.40 percent, to 25,093.

Infosys climbed more than 1 percent after an announcement that the Director General of GST Intelligence (DGGI) has closed pre-show cause notice proceedings against the company for FY 2018-19 to FY 2021-22, involving Rs 32,403 crore in GST claims.

HCL Technologies, Tata Motors, Axis Bank, Bajaj Finance and Kotak Mahindra Bank were up 1-3 percent.

IndusInd Bank was up 0.6 percent. Capital markets regulator SEBI has issued a corrigendum to its interim order in the insider trading case involving the lender.

Reliance Infrastructure jumped 2.7 percent on reports it would focus on aircraft upgrade programs in the coming years.

LIC gained 1 percent as Sat Pal Bhanoo took interim charge as the CEO and MD of LIC for a three-month term starting Sunday.

Suzlon Energy gained 1.7 percent despite reports that promoters of the company are likely to sell 20 crore shares through block deals next week.

read more
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 2h 45minuter sedan
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 2h 56minuter sedan
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 3h 19minuter sedan
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 3h 25minuter sedan
Switzerland Logs Weaker Growth, Trims 2026 Outlook

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.
RTTNews | 4h 30minuter sedan