Sensex Surges Over 1,000 Points On Global Cues; Nifty Tops 17,300

RTTNews | 971 ngày trước
Sensex Surges Over 1,000 Points On Global Cues; Nifty Tops 17,300

(RTTNews) - Indian shares opened Friday's session on an upbeat note after short covering drove a dramatic rebound on Wall Street overnight. Encouraging earnings updates from IT firms Infosys and MindTree also buoyed sentiment.

The benchmark S&P BSE Sensex was up 1,050 points, or 1.8 percent, at 58,287 in early trade, while the broader NSE Nifty index was up 301 points, or 1.8 percent, at 17,315.

Infosys jumped 4 percent after raising its annual revenue forecast and announcing a Rs. 9,300 crore share buyback.

Mindtree rallied 2.8 percent on reporting 27.5 percent rise in net profit for the September quarter.

HCL Technologies added 3.7 percent to extend gains from the previous session.

HDFC Life rose over 1 percent after it received IRDAI's final approval to merge Exide Life into the company.

Banks SBI and ICICI Bank rose 2-3 percent. Bajaj Auto gained 1.2 percent ahead of its earnings release.

MTNL soared 3 percent on fund raising reports.

Power Mech Projects advanced 2.6 percent as it secured a Letter of Award worth Rs 499.41 crore from Bangalore Metro Rail Corporation.

read more
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 46 phút trước
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 1h 53phút trước
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 2h 2phút trước
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 2h 3phút trước
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

Tesla Inc. shares were gaining around 2.4 percent in the pre-market activity on the Nasdaq following a 6 percent jump on Tuesday's regular trading, after the founder and CEO Elon Musk confirmed that the much awaited robotaxi service is tentatively set to launch in Austin, Texas, on June 22. In a post on his social media platform X, Musk said, "Tentatively, June 22. We are being super paranoid...
RTTNews | 2h 6phút trước
DAX Up Marginally In Cautious Trade As Traders Await U.S. Inflation Data

DAX Up Marginally In Cautious Trade As Traders Await U.S. Inflation Data

German stocks advanced Wednesday morning, reacting positively to the news about top U.S. and Chinese officials reaching a framework to implement the Geneva consensus. If approved, the Sino-U.S. deal will remove some restrictions on China's rare earth exports and unwind a few recent U.S. export bans.
RTTNews | 2h 15phút trước