Sensex, Nifty Scale Fresh Record Highs

RTTNews | 675天前
Sensex, Nifty Scale Fresh Record Highs

(RTTNews) - Indian shares eked out modest gains on Tuesday as investors digested mixed comments from Federal Reserve officials and awaited a slew of key U.S. data this week for fresh insight on the Federal Reserve's rate path.

The dollar was little changed and oil prices retreated on easing supply concerns, helping underpin sentiment.

Traders kept a wary eye on the evolving COVID situation in the country amid rise in new virus cases in Kerala and other states.

Benchmark indexes Nifty and Sensex hit fresh record highs of 21,505.05 and 71,623.71, respectively, in intraday trade before giving up some gains to end modestly higher for the day.

The 30-share BSE Sensex ended the session up 122.10 points, or 0.17 percent, at 71,437.19 while the broader NSE Nifty index settled 34.45 points, or 0.16 percent, higher at 21,453.10.

Coal India soared 6.1 percent and Nestle India rallied 4.7 percent while Cipla, Tata Consumer Products and NTPC all rose about 2 percent.

On the downside, TCS, UPL, Adani Enterprises, Wipro and Adani Ports fell 1-2 percent.

read more
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to be unrevised from the preliminary reading.
RTTNews | 2小时38分钟前
U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to rise by another 0.4 percent.
RTTNews | 3小时21分钟前
Eurozone Private Sector Growth At 17-Month High

Eurozone Private Sector Growth At 17-Month High

The euro area private sector growth accelerated to a 17-month high in October as new orders registered a steeper growth despite continuing fall in business from abroad. The flash HCOB composite output index climbed unexpectedly to 52.2 in October from 51.2 in September. The reading was expected to fall to 51.0.
RTTNews | 3小时39分钟前
Bay Street Likely To Open With Positive Bias

Bay Street Likely To Open With Positive Bias

Higher Canadian and U.S. futures, firm crude oil prices and data showing a smaller than expected increase in U.S. consumer price inflation in the month of September suggest a positive start for the Canadian market on Friday.
RTTNews | 4小时12分钟前
FTSE 100 Retreats After Positive Start

FTSE 100 Retreats After Positive Start

U.K. stocks opened on a positive note Friday morning after data showed an unexpected increase in UK retail sales in September. However, the market turned a bit easy subsequently, due largely to selling in some mining stocks as metal prices dropped from record highs.
RTTNews | 5小时42分钟前
Pound Falls Against Majors

Pound Falls Against Majors

The pound weakened against other major currencies in the European session on Friday.
RTTNews | 6小时3分钟前
CAC 40 Down Nearly 0.5% In Cautious Trade

CAC 40 Down Nearly 0.5% In Cautious Trade

French stocks are showing weakness on Friday after preliminary data showed a drop in the nation's services sector activity in the month of October. Investors are also reacting to corporate earnings updates, and awaiting the release of delayed U.S. inflation figures for September.
RTTNews | 6小时28分钟前