Sensex, Nifty Open Higher On Firm Global Cues

RTTNews | 1 day ago
Sensex, Nifty Open Higher On Firm Global Cues

(RTTNews) - Indian shares opened on a positive note Tuesday, mirroring positive cues from global markets.

The benchmark S&P/BSE Sensex was up 267 points, or 0.4 percent, at 78,233 in early trade after seeing heavy selling pressure in the previous session on worries about the HMP Virus outbreak.

The broader NSE Nifty index was up 123 points, or half a percent, at 23,739. Nuvoco Vistas rose 1.5 percent after it won a bid to acquire Vadraj Cement in an insolvency resolution process.

Adani Enterprises rallied 2 percent after it joined hands with Thailand's Indorama Resources for a foray into the petrochemical business.

Arkade Developers jumped 3 percent on news it is eyeing Rs. 2,150 crore revenue from redevelopment of three residential projects in Mumbai.

Info Edge fell 2 percent after it reported standalone billings of Rs 668.3 crore for the December quarter.

NESCO soared 3.6 percent after it bagged a tender for a Rs 225 crore Bengaluru-Chennai highway amenities project.

Ashoka Buildcon jumped 4 percent after a new order win.

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European Economic News Preview: Germany Factory Orders Data Due

European Economic News Preview: Germany Factory Orders Data Due

Factory orders and retail sales from Germany and economic sentiment from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders and retail sales for November. Economists forecast factory orders to fall 0.3 percent on month, slower than the 1.5 percent decrease in October.
RTTNews | 5h 39min ago
Australia Inflation Rises In November

Australia Inflation Rises In November

Australia's consumer price inflation accelerated in November largely due to the timing of electricity rebate, the Australian Bureau of Statistics said on Wednesday. Headline inflation rose to 2.3 percent in November from 2.1 percent in October. Inflation was slightly above economists' forecast of 2.2 percent. However, annual trimmed mean inflation eased to 3.2 percent from 3.5 percent.
RTTNews | 7h 57min ago