Sensex, Nifty Rise On Firm Global Cues; Bajaj Finance Shares Up 6%

RTTNews | 473 dagar sedan
Sensex, Nifty Rise On Firm Global Cues; Bajaj Finance Shares Up 6%

(RTTNews) - Indian shares opened higher on Friday amid a global rally as traders pulled forward expectations for the Federal Reserve's first interest-rate cut by a month to November.

The benchmark S&P BSE Sensex was up 373 points, or half a percent at 74,982 in early trade while the broader NSE Nifty index was up 118 points, or half a percent, at 22,767.

Bajaj Finance soared 6 percent after the Reserve Bank of India lifted restrictions on its lending products.

Coal India rose about 1 percent as it reported a 26 percent rise in quarterly profit, aided by strong operating numbers.

Wipro climbed 1 percent. The IT major has elevated Hari Shetty as its Chief Strategist and Sales Excellence Officer from immediate effect.

Titan Company added 0.6 percent ahead of its earnings release.

Cigniti Technologies fell 2.3 percent on news that Coforge will acquire a 54 percent stake in the company at Rs 1,415 per share. Coforge shares plunged 8 percent.

read more
Japan Shares May Extend Tuesday's Losses

Japan Shares May Extend Tuesday's Losses

The Japan stock market on Tuesday ended the two-day winning streak in which it had surged more than 1,120 points or 2.8 percent. The Nikkei 225 now sits just beneath the 43,550-point plateau and the losses may accelerate on Wednesday.
RTTNews | 24 minuter sedan
Tech Shares May Drag South Korea Lower On Wednesday

Tech Shares May Drag South Korea Lower On Wednesday

The South Korea stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.4 percent along the way. The KOSPI now sits just above the 3,150-point plateau and it may take further damage again on Wednesday.
RTTNews | 39 minuter sedan
New Zealand Rate Decision On Tap For Wednesday

New Zealand Rate Decision On Tap For Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
RTTNews | 1h 39minuter sedan
Canadian Market Modestly Lower In Cautious Trade

Canadian Market Modestly Lower In Cautious Trade

After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
RTTNews | 5h 10minuter sedan
Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
RTTNews | 5h 50minuter sedan
European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
RTTNews | 6h 14minuter sedan
U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
RTTNews | 9h 52minuter sedan