Sensex, Nifty End Modestly Higher In Cautious Trade

RTTNews | 588 gün önce
Sensex, Nifty End Modestly Higher In Cautious Trade

(RTTNews) - Indian shares eked out modest gains on Tuesday as traders returned to their desks after a long Christmas holiday weekend.

The benchmark S&P BSE Sensex rose 229.84 points, or 0.32 percent, to 71,336.80 as signs of softening U.S. price pressures bolstered bets for multiple rate cuts from the Federal Reserve in the coming year.

The broader NSE Nifty index moved in a narrow range before settling 91.95 points, or 0.43 percent, higher at 21,441.35.

The upside remained capped as oil prices continued to rise amid tensions in the Middle East, the region that holds most of the world's oil reserves, and transport bottlenecks in the Red Sea.

Divis Laboratories jumped 4.6 percent to top the gainers list while ONGC, NTPC, Adani Enterprises and Hero MotoCorp climbed 2-3 percent.

On the flip side, TCS, Infosys, Bajaj FinServ and Bajaj Finance fell between 0.7 percent and 1.7 percent.

State-owned defense and aerospace company Bharat Electronics rallied 4.4 percent after an announcement that it has bagged orders worth Rs. 678 crores.

Adani Green Energy soared 5.5 percent after it signed a pact with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power.

read more
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
RTTNews | 2s 26 dakika önce
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews | 2s 47 dakika önce
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | 5s 24 dakika önce
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | 6s 10 dakika önce
Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
RTTNews | 7s 17 dakika önce
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
RTTNews | 7s 29 dakika önce