Sensex, Nifty Rise On Firm Asian Cues; Pharma Stocks Lead Gains

RTTNews | 794 dni temu
Sensex, Nifty Rise On Firm Asian Cues; Pharma Stocks Lead Gains

(RTTNews) - Indian shares opened a tad higher on Tuesday, mirroring gains elsewhere across other Asian markets after China's securities regulator lifted a ban on equity refinancing for listed property firms.

The benchmark S&P BSE Sensex was up 198 points, or 0.3 percent, at 62,702, while the broader NSE Nifty index was up 60 points, or 0.3 percent, at 18,623.

Among the top gainers, Dr Reddy's Laboratories, Britannia Industries, Hindustan Unilever, Hindalco and Cipla all rose over 1 percent.

Lupin rallied 3.3 percent after its Brazilian subsidiary acquired nine brands from a subsidiary of Bausch Health Companies Inc.

NBCC jumped 5 percent on winning new work orders worth Rs 271.62 crore in projects of erstwhile realty firm Amrapali Group.

Jet Airways surged 4.3 percent. Media reports suggest that creditors of the airline and the company's new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy.

Tata Consultancy Services gained about 1 percent after launching the TCS Quantum Computing Lab on Amazon Web Services.

HCL Technologies added 0.6 percent as it signed a multi-year contract with Switzerland-based SR Technics to digitally transform its operations.

read more
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Friday with investors reacting to the nation's GDP data, and treading cautiously ahead of the February 1 deadline for the imposition of trade duties on Canada.
RTTNews | 5g 45 minut temu
Wall Street Looks Headed For Positive Start

Wall Street Looks Headed For Positive Start

Higher futures point to a firm start for U.S. stocks Friday morning, but data on the nation's personal consumption expenditure for the month of December holds the key for the market's trend.
RTTNews | 6g 17 minut temu
Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Swiss drug-major Novartis AG reported Friday weak net earnings in its fourth quarter on the absence of prior year's significant gain related to Sandoz Group AG spin-off. However, earnings from continuing operations grew from last year, and core earnings beat market estimates along with top line. Further, the company issued positive outlook for fiscal 2025 and lifted its dividend.
RTTNews | 6g 35 minut temu
France Inflation Rises To 5-Month High

France Inflation Rises To 5-Month High

French inflation accelerated to a five-month high in January largely on energy and manufactured product prices, provisional data from the statistical office INSEE showed Friday. Consumer prices registered an annual increase of 1.4 percent in January, following December's 1.3 percent rise.
RTTNews | 7g 36 minut temu
FTSE 100 Hits Fresh Record High

FTSE 100 Hits Fresh Record High

U.K. stocks are up in positive territory Friday morning, and the benchmark FTSE 100 looks set to end the month with a strong gain, as the mood remains a bit bullish amid optimism about more monetary easing by central banks in the coming months.
RTTNews | 8g 44 minut temu
German Unemployment Rises Marginally

German Unemployment Rises Marginally

Germany's unemployment rose slightly and job vacancies decreased in January as the manufacturing sector faces severe downturn, official data revealed on Friday. The number of people out of work increased by 11,000 in January after rising 10,000 in December, the Federal Employment Agency said. Unemployment was expected to increase more sharply by 14,000.
RTTNews | 9g 11 minut temu