Sensex, Nifty Touch New Highs In Early Trade

RTTNews | 585 gün önce
Sensex, Nifty Touch New Highs In Early Trade

(RTTNews) - Indian shares scaled new record highs on Thursday, as the dollar eased and Treasury yields touched seven-month lows amid rising bets that the Federal Reserve will start cutting interest rates soon.

A sharp fall in oil prices overnight also offered support on the eve of the monthly expiry of December month derivative contracts.

The benchmark S&P BSE Sensex rose 292 points, or 0.4 percent, to 72,323 in early trade, while the broader NSE Nifty index was up 78 points, or 0.4 percent, at 21,733.

Bajaj FinServ, NTPC, Hero MotoCorp, Mahindra & Mahindra and SBI Life all rose over 1 percent in the Nifty pack while Dr Reddy's Laboratories, Asian Paints and Bajaj Auto were seeing modest losses.

Infosys edged down slightly after alleging unfair employee poaching by Cognizant. Adani Total Gas dropped 1 percent. The company has signed a pact with Flipkart to decarbonize its supply chain.

Adani Energy Solutions Ltd., earlier known as Adani Transmission, was marginally higher after it signed a share purchase agreement to acquire Halvad Transmission Ltd. from PFC Consulting Ltd.

South Indian Bank was slightly higher on fund raising reports.

read more
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 2s 37 dakika önce
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 2s 39 dakika önce
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 3s 57 dakika önce
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 4s 5 dakika önce
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 4s 56 dakika önce
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews | 5s 19 dakika önce
CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews | 5s 25 dakika önce
DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews | 5s 43 dakika önce