Sensex, Nifty Snap Three-day Losing Streak

RTTNews | 1004 วันที่ผ่านมา
Sensex, Nifty Snap Three-day Losing Streak

(RTTNews) - Indian shares eked out modest gains on Tuesday, after having suffered losses in the previous three sessions on concerns over fresh COVID curbs in China and a hawkish Fed policy.

Gains in rupee as well as last week's plunge in oil prices offered some support in the face of mixed global cues.

The benchmark S&P BSE Sensex ended the session up 274.12 points, or 0.45 percent, at 61,418.96 while the broader NSE Nifty index settled 84.25 points, or 0.46 percent, higher at 18,244.20.

Private sector lender IndusInd Bank climbed nearly 3 percent to top the gainers list, while UltraTech Cement, HDFC Life, JSW Steel and NTPC rallied 1-2 percent. Among those that fell, both BPCL and Nestle dropped around 1 percent.

One 97 Communications shares plunged 11.5 percent to hit a record low after Macquarie Group analysts flagged risks from billionaire Mukesh Ambani's foray into the financial services business with Jio Financial Services.

Nykaa plunged 4.6 percent on heavy volumes, extending losses from the previous session.

read more
U.S. Dollar Drops After Powell's Speech

U.S. Dollar Drops After Powell's Speech

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
RTTNews | 3 ชม. 45 นาทีที่ผ่านมา
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | 9 ชม. 15 นาทีที่ผ่านมา
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | 11 ชม. 24 นาทีที่ผ่านมา
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
RTTNews | 13 ชม. 54 นาทีที่ผ่านมา
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 15 ชม. 40 นาทีที่ผ่านมา
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | 15 ชม. 46 นาทีที่ผ่านมา
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 15 ชม. 50 นาทีที่ผ่านมา
CAC 40 Up Slightly In Lackluster Trade

CAC 40 Up Slightly In Lackluster Trade

French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
RTTNews | 16 ชม. 8 นาทีที่ผ่านมา