Sensex, Nifty Open Higher Ahead Of Union Budget

RTTNews | Pred 821 dňami
Sensex, Nifty Open Higher Ahead Of Union Budget

(RTTNews) - Indian shares opened on a positive note Wednesday ahead of the Union Budget presentation and the Federal Reserve meeting.

The benchmark S&P/BSE Sensex rose 303 points, or half a percent, to 59,852 in early trade, while the broader NSE Nifty index was up 90 points, or half a percent, at 17,753.

Among the top gainers, JSW Steel, Divis Laboratories, Hindalco, ICICI Bank and Britannia Industries rallied 1-2 percent.

Indian Hotels soared 4 percent after its quarterly profit soared more than 400 percent.

Reliance Industries gained half a percent. Its FMCG arm Reliance Consumer Products has entered into a partnership with Sri Lanka's Maligan Biscuit to help it bite into the biscuits market.

Vodafone Idea edged down slightly after its board approved the issue of optionally convertible debentures of up to Rs 1,600 crore to vendor American Tower Corporation.

Adani Enterprises declined 1.6 percent. Its FPO got fully subscribed on the final day of bidding Tuesday, aided by a last-minute surge in demand.

Coal India was marginally higher on positing a 69 percent jump in Q3 net profit. Indian Oil Corporation was down 0.6 percent after its third-quarter net profit declined 92 percent due to under recoveries from sale of domestic LPG.

read more
U.S. Factory Orders Spike Slightly Less Than Expected In March

U.S. Factory Orders Spike Slightly Less Than Expected In March

The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March. The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.
RTTNews | Pred 35 minútami
U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected

U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected

Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
RTTNews | Pred 1 h 29 min
Eurozone Inflation Remains Stable At 2.2%

Eurozone Inflation Remains Stable At 2.2%

Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.
RTTNews | Pred 1 h 53 min
Eurozone Manufacturing Activity Shrinks At Slower Pace

Eurozone Manufacturing Activity Shrinks At Slower Pace

Euro area factory activity contracted at a slower pace in April as production grew at the fastest pace in more than three years, final data of the purchasing managers' survey by S&P Global showed Friday. The HCOB manufacturing Purchasing Managers' Index rose to a 32-month high of 49.0 in April from 48.6 in March. The score was also above the flash estimate of 48.7.
RTTNews | Pred 2 h 5 min
Bay Street May Open Higher

Bay Street May Open Higher

The Canadian market is likely to open on a positive note on Friday, tracking firm European stocks amid easing concerns over U.S.-China trade tensions after Beijing stated its willingness to engage in tariff negotiations with the United States.
RTTNews | Pred 2 h 8 min
SharkNinja Recalls 1.85 Mln Pressure Cookers

SharkNinja Recalls 1.85 Mln Pressure Cookers

SharkNinja Operating LLC is recalling about 1.85 million units of Foodi Multi-Function Pressure Cookers citing risk of burn, and after 26 lawsuits were filed, according to the U.S. Consumer Product Safety Commission or CPSC. In addition, about 184,240 units were sold in Canada. The agency noted that the pressure-cooking lid can be opened during use, causing hot contents to escape.
RTTNews | Pred 2 h 35 min