Sensex, Nifty Rise On Dovish Fed Expectations

RTTNews | 66 일 전
Sensex, Nifty Rise On Dovish Fed Expectations

(RTTNews) - Indian shares opened on a positive note Tuesday after the S&P 500 and Nasdaq 100 ended higher for a robust eighth consecutive session overnight on dovish Fed expectations.

The benchmark S&P/BSE Sensex was up 345 points, or 0.4 percent, at 80,770 in early trade while the broader NSE Nifty index was up 105 points, or 0.4 percent, at 24,678.

Zomato fell over 1 percent after over 2 percent equity worth Rs. 5,438 crore changed hands in a block deal.

IndusInd Bank gained 1.4 percent after it received RBI approval to launch mutual fund business.

TCS, SBI Life, Hero MotoCorp and BPCL were up 1-2 percent.

Nucleus Software soared more than 17 percent on share buyback news.

ONGC declined 1.6 percent as oil extended losses on China demand concerns and easing geopolitical risks after Israel agreed to a proposal to resolve issues that were impeding a ceasefire accord in Gaza.

read more
Microsoft CEO Satya Nadella Gets $79.1 Mln Pay In 2024, Up 63%

Microsoft CEO Satya Nadella Gets $79.1 Mln Pay In 2024, Up 63%

Microsoft Corp.'s Chairman and Chief Executive Officer Satya Nadella received a pay raise of around 63% in fiscal 2024, with most of the package being in the shares of the tech major. Meanwhile, the cash incentive was more than 50 percent lower than Nadella would have been awarded, following his request for a reduction amid recent security issues.
RTTNews | 4 시간 12 분 전
Eurozone Bank Lending Growth Improves In September

Eurozone Bank Lending Growth Improves In September

Eurozone bank lending growth improved moderately in September as interest rates started to ease, data published by the European Central Bank showed on Friday. The adjusted loans to the private sector rose 1.6 percent compared with 1.5 percent in August. Claims on the private sector posted a steady annual growth of 1.2 percent in September.
RTTNews | 4 시간 23 분 전
Mixed Trend In Asian Markets

Mixed Trend In Asian Markets

Equity markets in Asia traded on a mixed note ahead of elections in Japan over the weekend and uncertainty over the impact on Bank of Japan's monetary policy stance.
RTTNews | 5 시간 0 분 전
German Business Confidence Improves For First Time In 5 Months

German Business Confidence Improves For First Time In 5 Months

German business confidence improved for the first time in five months in October but remained at a low level suggesting weaker economic activity, survey results from the ifo Institute showed Friday. The business climate index climbed to 86.5 in October from 85.4 in the previous month. The score was forecast to rise to 85.6. This was the first rise in five months.
RTTNews | 5 시간 6 분 전
Tokyo Inflation Falls Below 2%

Tokyo Inflation Falls Below 2%

Inflation in Japan's capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday. Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent for the first time in five months.
RTTNews | 7 시간 17 분 전
China Keeps Medium-Term Lending Facility Rate Unchanged

China Keeps Medium-Term Lending Facility Rate Unchanged

China's central bank left the rate on medium-term lending facility unchanged on Friday after lowering the rate by 30 basis points last month. The People's Bank of China maintained the medium-term lending facility rate at 2.0 percent. The central bank today conducted a seven-day reverse repo operations of CNY 292.6 billion at an interest rate of 1.5 percent.
RTTNews | 8 시간 5 분 전
Antipodean Currencies Fall Ahead Of U.S. Presidential Election

Antipodean Currencies Fall Ahead Of U.S. Presidential Election

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as investors are awaiting the outcome of the U.S. presidential election on Sunday.
RTTNews | 8 시간 24 분 전
European Economic News Preview: German Ifo Business Confidence Data Due

European Economic News Preview: German Ifo Business Confidence Data Due

Business confidence from Germany and monetary aggregates from the euro area are the top economic news due on Friday. At 2.45 am ET, France's consumer confidence survey data is due. Economists expect the confidence index to fall slightly to 94 in October from 95 in the previous month.
RTTNews | 8 시간 34 분 전