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Sensex, Nifty Edge Higher; ONGC Declines As Crude Prices Tumble

RTTNews | 830 gün önce

Sensex, Nifty Edge Higher; ONGC Declines As Crude Prices Tumble

(RTTNews) - Indian shares were seeing modest gains on Friday despite mixed cues from global markets as U.S. debt ceiling negotiations dragged on.

The benchmark S&P BSE Sensex was up 223 points, or 0.4 percent, at 62,096 while the broader NSE Nifty index was up 61 points, or 0.3 percent, at 18,382.

Reliance Industries climbed 2 percent after completing the acquisition of Lotus Chocolate.

Zee Entertainment Enterprises jumped 3 percent. The company posted consolidated net loss of Rs 196 crore for the quarter ended March 31 as against Rs 182-crore profit a year ago.

Vodafone Idea gained about 1 percent after narrowing its Q4 net loss and reporting its first annual revenue growth since merger of Vodafone and Idea Cellular in 2018.

Adani Enterprises, Tata Consumer Products, Divis Laboratories and Wipro all rose over 1 percent while ONGC fell about 2 percent after oil prices saw their biggest decline since early May overnight.

Grasim and Power Grid Corp were down around 1 percent each.

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Sensex, Nifty Give Up Early Gains To End Lower

Sensex, Nifty Give Up Early Gains To End Lower

Indian shares gave up early gains to end lower on Tuesday ahead of the upcoming two-day Goods and Services Tax (GST) Council meeting later this week.

RTTNews | 58 dakika önce

Pound Slides After UK Starmer's Reshuffle

Pound Slides After UK Starmer's Reshuffle

The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.

RTTNews | 1s 13 dakika önce

Eurozone Inflation Rises Slightly To 2.1%

Eurozone Inflation Rises Slightly To 2.1%

Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.

RTTNews | 1s 21 dakika önce

European Shares Slide As Inflation Accelerates

European Shares Slide As Inflation Accelerates

European stocks traded lower on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 1s 49 dakika önce

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.

RTTNews | 1s 57 dakika önce

FTSE Edges Lower As Yields Jump On Debt Concerns

FTSE Edges Lower As Yields Jump On Debt Concerns

U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.

RTTNews | 2s 8 dakika önce

CAC 40 Marginally Higher With French Politics In Focus

CAC 40 Marginally Higher With French Politics In Focus

French stocks were marginally higher on Tuesday ahead of a crucial confidence vote in parliament next Monday.

RTTNews | 2s 21 dakika önce

DAX Drifts Lower Ahead Of Key Inflation Data

DAX Drifts Lower Ahead Of Key Inflation Data

German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day.

RTTNews | 2s 35 dakika önce

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