Sensex, Nifty Tad Higher In Early Trade

RTTNews | 172 วันที่ผ่านมา
Sensex, Nifty Tad Higher In Early Trade

(RTTNews) - Indian shares opened on a positive note Thursday as tamer-than-expected U.S. CPI data led to some optimism about the Federal Reserve resuming interest rate cuts in the near future.

The benchmark 30-share BSE Sensex was up 190 points, or 0.2 percent, at 74,219 in early trade while the broader NSE Nifty index edged up by 47 points, or 0.2 percent, to 22,517.

Among the top gainers, Adani Enterprises, SBI, Tata Steel and ONGC rose 1-2 percent. MTNL jumped 14 percent on news that it has earned 2,134.61 crore from the monetization of land and building assets.

Bharat Electronics rallied 2.4 percent on winning a Rs 2,463 crore contract from the Ministry of Defence to supply and service Ashwini radars for the Indian Air Force.

Alkem Laboratories was marginally higher after launching a generic diabetes drug.

IndusInd Bank shares were down 2.3 percent and Shriram Finance fell 1.3 percent.

Ola Electric Mobility shares were down about 1 percent. The company said it expects auto business to breakeven by the next quarter.

Power Finance Corporation dropped 1 percent after its board approved Rs 1,40,000 crore borrowing plan for 2025-26.

read more
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
RTTNews | 47 นาทีที่ผ่านมา
U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the late Asian session on Monday.
RTTNews | 1 ชม. 10 นาทีที่ผ่านมา
UK House Price Growth Softens In August

UK House Price Growth Softens In August

UK house prices logged a slower pace of growth in August due to stretched affordability, the Nationwide Building Society said Monday. House prices increased 2.1 percent on a yearly basis in August, slower than the 2.4 percent rise seen in July. On a monthly basis, house prices edged down 0.1 percent, in contrast to the 0.5 percent increase in the previous month.
RTTNews | 1 ชม. 13 นาทีที่ผ่านมา
Asian Shares Mixed After US Tech Selloff

Asian Shares Mixed After US Tech Selloff

Asian stocks turned in a mixed performance on Monday as China's factory activity data painted a mixed picture of the world's second-largest economy and investor enthusiasm for artificial intelligence waned.
RTTNews | 2 ชม. 6 นาทีที่ผ่านมา
China Manufacturing Activity Returns To Growth

China Manufacturing Activity Returns To Growth

China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.
RTTNews | 3 ชม. 27 นาทีที่ผ่านมา
European Economic News Preview: UK Mortgage Approvals, House Price Data Due

European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
RTTNews | 4 ชม. 53 นาทีที่ผ่านมา