Sensex, Nifty Erase Early Losses To End Higher

RTTNews | 835 gün önce
Sensex, Nifty Erase Early Losses To End Higher

(RTTNews) - Indian shares recovered from an early slide to end higher on Monday, with IT and metal stocks leading the surge.

IT stocks posted strong gains as signs of easing inflation in the U.S. and Europe raised hopes that major central banks are approaching the end of tightening cycles.

Metal stocks benefited from China stimulus optimism after the country's State Council announced further measures to bolster consumption.

The benchmark S&P BSE Sensex ended the session up 367.47 points, or 0.56 percent, at 66,527.67 while the broader NSE Nifty index settled 107.75 points, or 0.55 percent, higher at 19,753.80.

Tech Mahindra, Adani Ports, ONGC, Power Grid Corp and NTPC jumped 3-4 percent in the Nifty pack, while Apollo Hospitals Enterprise led loses to close 3 percent lower.

Kotak Mahindra Bank, Bajaj Finance, HDFC Life and Britannia Industries fell 1-2 percent.

Welspun India soared 9 percent after reporting its June quarter results. Mishra Dhatu Nigam rallied 7 percent after bagging new orders worth Rs 178.54 crore.

read more
Bay Street May Open On Positive Note Again

Bay Street May Open On Positive Note Again

Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
RTTNews | 2s 14 dakika önce
FTSE 100 Pares Early Gains; SSE Soars 12%

FTSE 100 Pares Early Gains; SSE Soars 12%

After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
RTTNews | 3s 31 dakika önce
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors. Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
RTTNews | 4s 29 dakika önce
DAX Climbs To 4-week High On Inflation Data, Earnings

DAX Climbs To 4-week High On Inflation Data, Earnings

Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
RTTNews | 4s 55 dakika önce
Yen Falls After Japan PM Takaichi Comments

Yen Falls After Japan PM Takaichi Comments

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
RTTNews | 6s 54 dakika önce
Asian Shares Mixed As Tech Stocks Drag

Asian Shares Mixed As Tech Stocks Drag

Asian stocks ended mixed on Wednesday as concerns persisted about a potential Artificial Intelligence (AI)-driven market bubble and new data added to signs of a weakening U.S. labor market.
RTTNews | 7s 32 dakika önce