Sensex, Nifty Open Higher On Firm Global Cues

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Sensex, Nifty Open Higher On Firm Global Cues

(RTTNews) - Indian shares opened a tad higher on Monday, mirroring firm global cues as weak service sector and mixed jobs data from the U.S. raised hopes for a change to aggressive Fed policy.

The benchmark S&P BSE Sensex was up 337 points, or 0.6 percent, at 60,237 in early trade, while the broader NSE Nifty index was up 110 points, or 0.6 percent, at 17,969.

TCS climbed 1.4 percent ahead of its earnings release.

Tatas Steel and Tata Steel Long Products both gained around 1.5 percent after announcing production and delivery figures for Q3.

Titan Company dropped 1.6 percent after issuing an update for the third quarter of FY 2022-23.

Adithya Birla Fashion & Retail edged down slightly on fund raising reports.

Kalyan Jewelers soared 5 percent. The company reported consolidated revenue growth of 13 percent for the December quarter.

IDBI Bank added 1.5 percent on news that the government has received multiple Expressions of Interest (EOI) for the strategic disinvestment of the stake in the bank.

Asian Paints was little changed on news it would invest Rs. 2,000 crore in a new plant.

Jaiprakash Associates tumbled 4 percent after defaulting on loans of Rs. 4,059 crore.

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Little Movement Seen For Japan Stock Market

Little Movement Seen For Japan Stock Market

The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
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Japan Rate Decision On Tap For Thursday

Japan Rate Decision On Tap For Thursday

The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
RTTNews | 1h 14minuter sedan
Pound Falls Against Most Majors

Pound Falls Against Most Majors

The pound weakened against its most major counterparts in the New York session on Wednesday.
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Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
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TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
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German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
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