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Sensex, Nifty Snap Three Day Losing Streak

RTTNews | 8j 5min yang lalu

Sensex, Nifty Snap Three Day Losing Streak

(RTTNews) - 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.

The benchmark 30-share BSE Sensex ended the session up 218.14 points, or 0.27 percent, at 81,224.75, snapping a three-session losing streak.

The broader NSE Nifty index closed at 24,854.05, up 104.20 points, or 0.42 percent, from its previous close.

Axis Bank jumped 5.8 percent on brokerage upgrades after the private sector lender reported a better-than-expected 18 percent rise in Q2 net profit.

Wipro rallied 3.6 percent after Q2 profit rose 21 percent to beat estimates.

Shriram Finance, Eicher Motor and ICICI Bank all surged around 3 percent.

On the losing side, Infosys slumped 4.2 percent after Q2 earnings came in slightly below expectations.

Tech Mahindra, Nestle India, Asian Paints and Britannia Industries dropped 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 | 4j 50min yang lalu

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

RTTNews | 4j 55min yang lalu

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 | 5j 42min yang lalu

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 | 5j 55min yang lalu

Wall Street Likely To See Mixed Open; Earnings In Focus

Wall Street Likely To See Mixed Open; Earnings In Focus

Futures point to a mixed start for stocks on Wall Street Friday morning. With the economic calendar rather light, investors are likely to focus on earnings.

RTTNews | 6j 17min yang lalu

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 | 8j 59min yang lalu

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 | 9j 7min yang lalu

FTSE 100 Slips Into Red On Budget Fears

FTSE 100 Slips Into Red On Budget Fears

U.K. stocks were moving lower on Friday and the pound euro (GBP/EUR) exchange rate held near a two-and-a-half year high after data showed U.K. retail sales logged an unexpected growth in September on higher sales of technology products.

RTTNews | 9j 12min yang lalu

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PERINGATAN RISIKO TINGGI: Perdagangan pertukaran mata wang asing mempunyai risiko tinggi yang mungkin tidak sesuai untuk semua jenis pelabur. Leveraj menimbulkan risiko dan kerugian tambahan. Sebelum anda memutuskan untuk berdagang pertukaran mata wang asing, pertimbangkan dengan teliti objektif pelaburan, tahap pengalaman dan toleransi risiko anda. Anda berkemungkinan kehilangan sebahagian atau semua pelaburan awal anda. Jangan melaburkan wang yang anda tidak mampu untuk kehilangan. Didik diri anda tentang risiko yang berkaitan dengan perdagangan pertukaran asing, dan dapatkan nasihat daripada penasihat bebas kewangan atau cukai jika anda mempunyai sebarang pertanyaan mengenainya. Semua data dan maklumat yang disediakan adalah semata-mata untuk tujuan maklumat, dan bukan bertujuan untuk tujuan perdagangan atau nasihat. Prestasi masa lalu tidak semestinya menunjukkan hasil masa depan.