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Sensex, Nifty Climb As Inflation Worries Ebb

RTTNews | 916 दिनों पहले

Sensex, Nifty Climb As Inflation Worries Ebb

(RTTNews) - Indian shares rose for a second straight session on Friday as traders pared down bets on where interest rates might peak.

The rate hike repricing sent 10-year U.S. Treasury yields to two-week lows while the dollar was on course for its first weekly decline this month on hopes that the recent decline in oil and other commodity prices will help reduce inflationary pressures.

The benchmark S&P BSE Sensex jumped 462.26 points, or 0.88 percent, to 52,727.98 while the broader NSE Nifty index settled at 15,699.25, up 142.60 points, or 0.92 percent, from its previous close.

Financials, FMCG and auto stocks topped the gainers list, with Hindustan Unilever, Bajaj Finance, IndusInd Bank, Hero MotoCorp and Mahindra & Mahindra rising 2-4 percent.

IT stocks underperformed, with Infosys and Tech Mahindra falling around 1 percent each.

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Sensex, Nifty End Lackluster Session Little Changed

Sensex, Nifty End Lackluster Session Little Changed

Indian shares moved in a narrow range before ending on a flat note Thursday as trading resumed after a holiday for Christmas.

RTTNews | 7घंटे 40 मिनट पहले

NZ Dollar Slides Against Most Majors

NZ Dollar Slides Against Most Majors

The New Zealand dollar weakened against most major currencies in the European session on Thursday.

RTTNews | 8घंटे 6 मिनट पहले

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the European session on Thursday.

RTTNews | 8घंटे 21 मिनट पहले

Asian Shares Mixed In Thin Holiday Trade

Asian Shares Mixed In Thin Holiday Trade

Asian stocks ended mixed in thin holiday trade on Thursday while regional currencies were mostly lower against a resilient dollar and elevated Treasury yields amid uncertainty about the Federal Reserve's interest-rate path and U.S. President-elect Donald Trump's tariff threats. Oil and gold clung to modest gains in Asian trade.

RTTNews | 9घंटे 44 मिनट पहले

Chinese Yuan Falls To More Than 1-year Low Against U.S. Dollar

Chinese Yuan Falls To More Than 1-year Low Against U.S. Dollar

The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday.

RTTNews | 11घंटे 16 मिनट पहले

European Markets Closed For Boxing Day Holiday

European Markets Closed For Boxing Day Holiday

Major stock markets around the world remain closed today amid festive season.

RTTNews | 12घंटे 41 मिनट पहले

Sensex, Nifty Edge Higher In Cautious Trade

Sensex, Nifty Edge Higher In Cautious Trade

Indian shares were a tad higher on Thursday after U.S. shares kicked of their seasonal Santa Claus rally on Tuesday in thin pre-Christmas trade.

RTTNews | 13घंटे 26 मिनट पहले

Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to China's central bank holding the interest rate on the one-year medium-term lending facility at 2% on Wednesday.

RTTNews | 14घंटे 46 मिनट पहले

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