Sensex, Nifty Open On Positive Note

RTTNews | 1045 days ago
Stocktwits
Sensex, Nifty Open On Positive Note

(RTTNews) - Indian shares opened on a positive note Tuesday despite a rebound in oil prices and the finance ministry's warning of a widening of the twin deficits.

The benchmark S&P BSE Sensex jumped 350 points, or 0.7 percent, to 51,951 in early trade, while the broader NSE Nifty index was up 113 points, or 0.7 percent, at 15,463.

Among the top gainers, Hindalco, Dr Reddy's Laboratories, Eicher Motors, Tata Motors and Titan Company rallied 2-4 percent.

Vodafone Idea rose over 1 percent and Bank of India added 1.7 percent on fund raising reports.

Tata Steel gained 1 percent on reports it has imported about 75000 tons of coal from Russia in the second half of May.

Adani Power declined 2.4 percent after it acquired infra development firms SPPL and EREPL for about Rs 609 crore.

Bharat Forge climbed 1.2 percent after the company decided to consolidate its electric vehicle business initiatives under Kalyani Powertrain (KPL).

Stocktwits
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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 45 minutes ago
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
RTTNews | 46 minutes ago
European Economic News Preview: UK Mortgage Approvals, Factory PMI Due

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Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the Labor day holiday. At 2.30 am ET, Switzerland's Federal Statistical Office releases retail sales data for March. Sales are forecast o grow 1.9 percent on a yearly basis, following a 1.6 percent rise in February.
RTTNews | 1h 11min ago
Australian Market Turns To Modest Gains In Mid-market

Australian Market Turns To Modest Gains In Mid-market

The Australian market is turning its early losses to modest gains in mid-market moves on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,100 level, with gains in some technology stocks nearly offset by weakness in mining and energy stocks amid softer commodity prices.
RTTNews | 2h 31min ago
Asian Markets Mostly Higher In Holiday Trade

Asian Markets Mostly Higher In Holiday Trade

Asian stock markets are mostly higher on Thursday, following the mixed cues from Wall Street overnight, with most major markets in the region closed for Labor Day, including China. Traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
RTTNews | 2h 59min ago
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