Sensex, Nifty Extend Gains; IT Stocks Surge

RTTNews | 54 gün önce
Sensex, Nifty Extend Gains; IT Stocks Surge

(RTTNews) - Indian shares opened higher on Tuesday to extend recent gains on hopes for relief on U.S. tariffs set to be announced next week.

The benchmark 30-share BSE Sensex jumped 480 points, or 0.6 percent, to 78,46 in early trade while the broader NSE index was up 132 points, or 0.6 percent, at 23,790.

Bajaj FinServ, TCS, Infosys and UltraTech rose 2-3 percent while IndusInd Bank and Zomato fell over 1 percent each.

Power Grid Corp rose about 1 percent after acquiring Banaskantha Transco Limited.

HCL Technologies rallied 2 percent after forming a strategic partnership with Western Union.

Hyundai Motor India shares fell 1.3 percent. The company has announced an investment of up to Rs. 694 crores for setting up and managing a Tooling Centre in India.

RVNL rose 1.2 percent as it emerged as the lowest bidder for a Central Railway project valued at Rs. 115.79 crore.

read more
China Data On Tap For Monday

China Data On Tap For Monday

China is scheduled to release a batch of data on Monday, headlining a busy day for Asia-Pacific economic activity. On Tap are April figures for industrial production, retail sales, fixed asset investment, house prices and unemployment.
RTTNews | 54 dakika önce
U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews | 2 gün önce
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 2 gün önce
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 2 gün önce
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 2 gün önce
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | 2 gün önce
U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | 2 gün önce