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Sensex, Nifty Open Higher On Global Cues

RTTNews | 677天前

Sensex, Nifty Open Higher On Global Cues

(RTTNews) - Indian shares opened on a positive note Wednesday, mirroring firm cues from global markets ahead of key U.S. inflation data due out later in the day.

The benchmark S&P BSE Sensex was up 98 points, or 0.2 percent, at 65,716 in early trade, while the broader NSE Nifty index was up 30 points, or 0.2 percent, at 19,469.

Prestige Estates Projects rose 0.6 percent after it purchased 2.3-acre land parcel in Mumbai for Rs 704 crore.

Lupin gained 0.8 percent on receiving an Establishment Inspection Report (EIR) from the U.S. FDA for its Pithampur unit-2 manufacturing facility.

TCS edged down slightly and HCL Technologies fell about 1 percent ahead of their earnings results.

Nazara Technologies slumped 6.6 percent and Delta Corporation plunged 10 percent after the GST Council's decision on Tuesday to levy a 28 percent tax on online gaming, casinos and horse racing.

Kinetic Engineering rallied 5 percent on fund raising reports.

Hindustan Oil Exploration Company advanced 1.6 percent after its subsidiary acquired the balance 50 percent stake in Geoenpro Petroleum Limited (Geoenpro).

Indian Hotels Company rose half a percent after signing its first hotel in Kolhapur, Maharashtra, under the Ginger brand.

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European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.

RTTNews | 23分钟前

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.

RTTNews | 2小时45分钟前

U.S. Leading Economic Index Slumps More Than Expected In April

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.

RTTNews | 3小时6分钟前

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.

RTTNews | 4小时13分钟前

Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.

RTTNews | 5小时38分钟前

FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.

RTTNews | 6小时14分钟前

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.

RTTNews | 6小时57分钟前

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.

RTTNews | 7小时4分钟前

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