Sensex, Nifty Modestly Higher As IT Stocks Surge

RTTNews | 17 दिनों पहले
Sensex, Nifty Modestly Higher As IT Stocks Surge

(RTTNews) - Indian shares were modestly higher in early trade on Tuesday after suffering heavy losses in the previous session on apprehensions that a plausible increase in Yen interest rate can reduce cross country investments in equity.

The benchmark 30-share BSE Sensex was up 127 points, or 0.2 percent, at 84,426 in cautious trade ahead of a market holiday on Wednesday on account of Gandhi Jayanti.

Investors were also reacting to a SEBI meeting outcome, a slew of domestic economic data and heightened tensions in the Middle East.

The broader NSE Nifty index was up 24 points, or 0.1 percent, at 25,835, with IT stocks such as Wipro, Infosys and Tech Mahindra rallying 1-3 percent.

Shriram Finance and Mahindra & Mahindra both rose over 1 percent while Eicher Motor, JSW Steel, Tata Steel, Titan Company and Asian Paints fell 1-2 percent.

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U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September.
RTTNews | 6घंटे 45 मिनट पहले
CPSC Recalls: Textron ROVs, Colsen Fire Pits, Anker Power Banks, Oliva Cigar Lighters

CPSC Recalls: Textron ROVs, Colsen Fire Pits, Anker Power Banks, Oliva Cigar Lighters

The U.S. Consumer Product safety Commission or CPSC has announced recalls including Textron Specialized Vehicles' Recreational Off Highway vehicles, Colsen Fire Pits LLC's Fire Pits, Anker Innovations Ltd.'s Anker Power Banks, and Oliva Cigars Co. Inc.'s Cigar Lighters, citing various reasons. In most of the recalls, consumers are urged to immediately stop using the recalled product
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U.S. Housing Starts Show Modest Pullback In September

U.S. Housing Starts Show Modest Pullback In September

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September.
RTTNews | 7घंटे 37 मिनट पहले
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

The Canadian market is seen opening on a positive note Friday morning, with materials shares set for some upside thanks to firm metal prices. With the economic calendar blank and no big earnings updates due for the day, trading is likely to remain somewhat lackluster.
RTTNews | 7घंटे 50 मिनट पहले
Sensex, Nifty Snap Three Day Losing Streak

Sensex, Nifty Snap Three Day Losing Streak

Indian shares recovered from an early slide to end modestly higher on Friday. Rate-sensitive banks, automakers and metal stocks advanced, offsetting weakness in the IT and FMCG sectors.
RTTNews | 10घंटे 0 मिनट पहले
European Shares Mixed As Investors Look To UK Budget

European Shares Mixed As Investors Look To UK Budget

European shares were mixed on Friday, a day after the European Central Bank (ECB) cut its deposit rate by 25 basis points to 3.25 percent, citing sluggish economic growth and easing inflation.
RTTNews | 10घंटे 54 मिनट पहले
Pound Surges As U.K. Retail Sales Rise Unexpectedly

Pound Surges As U.K. Retail Sales Rise Unexpectedly

The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales logged an unexpected growth in September on higher sales of technology products.
RTTNews | 11घंटे 3 मिनट पहले