Sensex, Nifty Set To Open Higher On Firm Global Cues

RTTNews | 248 dagar sedan
Sensex, Nifty Set To Open Higher On Firm Global Cues

(RTTNews) - Indian shares may move in a tight range on Tuesday ahead of a market holiday on Wednesday for Christmas.

IT stocks could be in focus after a rally in some of the world's largest technology companies, including Nvidia, Broadcom, Alphabet and Meta boosted U.S. benchmark indexes overnight.

Foreign portfolio investors sold shares worth Rs. 168.71 crore on December 23, while domestic financial institutions bought shares to the extent of Rs. 2,228 crores, according to NSE data.

Benchmark indexes Sensex and Nifty jumped around 0.6 percent and 0.7 percent, respectively on Monday after having fallen nearly 5 percent over the last week.

The rupee closed at a new low of 85.12 against the dollar due to month-end dollar demand.

Asian markets were seeing modest gains this morning, the dollar gained ground and gold held steady while oil prices exhibited a mixed trend in thin pre-Christmas trade.

U.S. stocks rose overnight and Treasury yields climbed to an almost seven-month high after the release of mixed economic readings.

A measure of U.S. consumer confidence deteriorated in December, while new home sales rebounded and core capital goods orders increased in November, separate set of data revealed.

The Dow added 0.2 percent to end higher for a third day running, while the S&P 500 climbed 0.7 percent and the tech-heavy Nasdaq Composite rallied 1 percent.

U.S. markets will close early today and will remain shut on Wednesday due to Christmas.

European stocks ended mixed on Monday amid worries about Trump's tariff threats and continued political uncertainty in Germany and France.

The pan European STOXX 600 inched up 0.1 percent. France's CAC 40 finished marginally lower and the German DAX slid 0.2 percent while the U.K.'s FTSE 100 edged up by 0.2 percent.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 1h 58minuter sedan
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 2h 27minuter sedan
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 5h 30minuter sedan
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 6h 14minuter sedan
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 6h 43minuter sedan