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Sensex, Nifty Modestly Higher In Early Trade

RTTNews | 632 gün önce

Sensex, Nifty Modestly Higher In Early Trade

(RTTNews) - Indian shares were seeing modest gains on Tuesday despite muted cues from global markets.

The benchmark S&P BSE Sensex was up 168 points, or 0.2 percent, at 71,275 in early trade while the broader NSE Nifty index was up 72 points, or 0.3 percent, at 21,422.

Adani Green Energy rallied 1.7 percent after it signed a pact with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power.

Talbros Automotive Components jumped 2.3 percent after it decided to sell its entire 40 percent stake in its joint venture company Nippon Leakless Talbros for Rs. 81.8 crore.

UPL added 1.2 percent on fund raising reports.

Aurobindo Pharma rose over 1 percent after receiving 10 observations from the U.S. FDA for its New Jersey manufacturing unit.

Reliance Industries edged up slightly after it signed a non-binding agreement with Disney Star, taking one step forward to the mega-merger.

Infosys declined 1.4 percent after losing a mega contract.

Wipro fell about 1 percent after denying reports about ex-LTI CEO Sanjay Jalona joining the company.

JK Tyre dropped 1.2 percent after raising Rs. 500 crores through a QIP issue.

Anupam Rasayan was little changed despite signing a Letter of Intent worth Rs. 507 crores with a leading Japanese company.

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U.S. Leading Economic Index Falls Much More Than Expected In August

U.S. Leading Economic Index Falls Much More Than Expected In August

Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July. Economists had expected the leading economic index to edge down by 0.1 percent.

RTTNews | 14 dakika önce

Philly Fed Index Surges To Eight-Month High In September

Philly Fed Index Surges To Eight-Month High In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.

RTTNews | 56 dakika önce

Bank Of England Holds Key Rate; Slows Quantitative Tightening

Bank Of England Holds Key Rate; Slows Quantitative Tightening

The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.

RTTNews | 56 dakika önce

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.

RTTNews | 1s 0 dakika önce

Philly Fed Index Surges Much More Than Expected In September

Philly Fed Index Surges Much More Than Expected In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September.

RTTNews | 2s 14 dakika önce

U.S. Weekly Jobless Claims Pull Back More Than Expected

U.S. Weekly Jobless Claims Pull Back More Than Expected

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.

RTTNews | 2s 16 dakika önce

Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.

RTTNews | 3s 5 dakika önce

FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

U.K. stocks are moving in a tight range on Thursday, with investors digesting the Federal Reserve's 25-basis points interest rate cut on Wednesday, and the Bank of England's decision a little while ago to hold its interest rate unchanged.

RTTNews | 3s 30 dakika önce

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