Sensex, Nifty See Cautious Gains At Open

RTTNews | 862 days ago
Sensex, Nifty See Cautious Gains At Open

(RTTNews) - Indian shares opened flat to slightly higher on Wednesday, mirroring positive cues from Wall Street and other Asian markets.

The benchmark S&P BSE Sensex edged up 160 points, or 0.3 percent, to 61,862 in early trade, while the broader NSE Nifty index was up 37 points, or 0.20 percent, at 18,422.

Among the top gainers, Sun Pharma, Bajaj Auto, HDFC Life, UPL and HCL Technologies all rose about 1 percent.

Bharti Airtel edged up slightly after it acquired a strategic stake in Bengaluru-based Lemnisk for an undisclosed amount.

Dabur India gained about 1 percent, a day after its promoters offloaded 1 percent stake in the company through a block deal.

City Union Bank slumped 6 percent. The RBI found divergence of Rs. 259 crore in provisioning of gross non-performing assets by the bank for FY22.

Jubilant Ingrevia added 1 percent after raising Rs 150 crore via issuance of commercial papers.

read more
UK Market Ends Slightly Up

UK Market Ends Slightly Up

On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to a 13th straight session.
RTTNews | 4h 50min ago
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 5h 31min ago
U.S. Construction Spending Unexpectedly Falls 0.5% In March

U.S. Construction Spending Unexpectedly Falls 0.5% In March

Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.
RTTNews | 7h 14min ago
U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

The Institute for Supply Management released a report on Thursday showing a slight decrease by its reading on U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI edged down to 48.7 in April after slipping to 49.0 in March, with a reading below 50 indicating contraction. Economists had expected the index to dip to 48.0.
RTTNews | 7h 27min ago
U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended April 26th. The Labor Department said initial jobless claims climbed to 241,000, an increase of 18,000 from the previous week's revised level of 223,000.
RTTNews | 7h 39min ago