Sensex, Nifty Open Higher On Strong US, China Data

RTTNews | 647天前
Sensex, Nifty Open Higher On Strong US, China Data

(RTTNews) - Indian shares opened higher on Friday after the release of positive U.S. and Chinese economic data, more stimulus measures from China and signs the European Central Bank is done raising interest rates.

The benchmark S&P BSE Sensex was up 157 points, or 0.2 percent, at 67,676 in early trade, while the broader NSE Nifty index was up 44 points, or 0.2 percent, at 20,147.

Automakers toped the gainers list, with Tata Motors, Eicher Motors, Hero MotoCorp and Bajaj Auto rising 2-5 percent.

Oil India soared 5 percent after it unveiled plans to invest Rs 25,000 crore in clean energy projects.

Siyaram Silk Mills rallied 4.5 percent after it increased share buyback price from Rs 650 per equity share to Rs 720 per equity share.

Alkem Laboratories gained 1 percent. The company said that the income tax department is conducting surveys at some of its offices and subsidiaries.

Bharat Forge rose about 1 percent after it signed a pact to produce armored vehicles in India for clients of global defense company Paramount.

Lemon Tree Hotels climbed 1.3 percent after it signed license agreement for two new properties in Gujarat and Nepal.

Shakti Pumps soared 12 percent on securing new work order worth around Rs 293 crores in Uttar Pradesh.

NTPC dropped half a percent after signing a supplementary joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam to develop two thermal projects in the state.

read more
Asian Shares Mixed Despite US Attack On Iran

Asian Shares Mixed Despite US Attack On Iran

Asian stocks ended mixed on Monday as markets apparently took the U.S. strikes against nuclear targets in Iran in their stride and waited to see how Iran reacts and what happens to Tehran's nuclear program.
RTTNews | 20分钟前
Japan Private Sector Expands Most In 4 Months

Japan Private Sector Expands Most In 4 Months

Japan's private sector grew the most in four months in June as manufacturing activity returned to growth amid stronger increase in services activity, flash data from S&P Global showed on Monday. The au Jibun Bank flash composite output index posted 51.4 in June, which was up from 50.2 seen in May. A score above 50.0 indicates expansion.
RTTNews | 2小时17分钟前
European Economic News Preview: Eurozone Flash Composite PMI Data

European Economic News Preview: Eurozone Flash Composite PMI Data

Flash composite Purchasing Managers' survey results from euro area and the UK are the top economic news due on Monday. At 3.15 am ET, S&P Global publishes France's flash PMI survey data. The manufacturing PMI is forecast to remain unchanged at 49.8 in June. The services PMI is seen at 49.2, up from 48.9 in the previous month.
RTTNews | 3小时15分钟前
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,500.00 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 5小时21分钟前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, amid escalation in the middle-east conflict after the U.S. joined Israel in the weeks-long war with Iran, with US carrying out a "successful" airstrike on three nuclear sites in Iran over the weekend. This has heightened fears of a broader regional conflict.
RTTNews | 5小时43分钟前
Sensex, Nifty Seen Lower As US Enters Israel-Iran War

Sensex, Nifty Seen Lower As US Enters Israel-Iran War

Indian shares look set to open on a sluggish note Monday, tracking weak cues from Asian markets and a spike in oil prices after the United States carried out a "very successful attack" on three nuclear sites in Iran and the latter vowed retaliation, saying it "reserves all options."
RTTNews | 6小时15分钟前