Sensex, Nifty Edge Higher Amid F&O Expiry

RTTNews | 917 dagar sedan
Sensex, Nifty Edge Higher Amid F&O Expiry

(RTTNews) - Indian shares advanced on Thursday despite weak global cues and ahead of the expiry of monthly expiry of derivative contracts.

The benchmark S&P BSE Sensex rose 300 points, or 0.6 percent, to 53,325, with oil & gas, IT and financials pacing the gainers. The broader NSE Nifty index was up 70 points, or half a percent, at 15,870.

HDFC Life, Power Grid Corp, Apollo Hospitals Enterprise, SBI and Axis Bank rose 1-2 percent in the Nifty pack, while Coal India, ONGC, Tata Consumer Products, Shree Cement and Cipla dropped 1-2 percent.

Indian Oil Corporation jumped nearly 3 percent. The company's board has cleared investment for capacity expansion of Digboi refinery in Assam at an estimated cost of Rs 740.20 crore.

PBA Infrastructure slumped 5 percent. The company said it would consider voluntary delisting of shares at a board meeting on July 6.

Sobha rallied 3 percent after it entered into a joint development agreement to build a housing project in Chennai.

read more
U.S. Construction Spending Unexpectedly Flat In November

U.S. Construction Spending Unexpectedly Flat In November

With an uptick by spending on private construction offset by a dip in spending on public construction, the Commerce Department released a report on Thursday showing U.S. construction spending was virtually unchanged in the month of November. The Commerce Department construction spending crept up by less than a tenth of a percent to an annual rate of $2.153 trillion in November.
RTTNews | 7h 2minuter sedan
U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low

First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous week's revised level of 220,000.
RTTNews | 7h 54minuter sedan
UK Nationwide House Price Growth Tops Expectations

UK Nationwide House Price Growth Tops Expectations

UK house prices posted a faster-than-expected growth and ended 2024 on a strong footing, the Nationwide Building Society said Thursday. House prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists' forecast of 3.8 percent gain.
RTTNews | 10h 4minuter sedan
FTSE Up Marginally In Cautious Trade After Weak Manufacturing Data

FTSE Up Marginally In Cautious Trade After Weak Manufacturing Data

After opening slightly up and advancing further, UK stocks pared gains Thursday morning and are mostly subdued a little before noon as investors react to data showing a sharp contraction in the nation's manufacturing activity in the month of December.
RTTNews | 10h 44minuter sedan
CAC Down 1 P.c. As Stocks Fall On Weak Manufacturing Data

CAC Down 1 P.c. As Stocks Fall On Weak Manufacturing Data

French stocks are down firmly in negative territory in late morning trades on Thursday, extending early losses after data showed a sharp decline in the nation's manufacturing activity in the month of December.
RTTNews | 11h 26minuter sedan
Eurozone Manufacturing Sector Continues To Shrink

Eurozone Manufacturing Sector Continues To Shrink

The euro area manufacturing sector continued to shrink in December on accelerated contractions in both orders and output, final data compiled by S&P Global showed on Thursday. The HCOB manufacturing Purchasing Managers' Index fell slightly to a three-month low of 45.1 in December from 45.2 in November. The flash reading was 45.2.
RTTNews | 11h 29minuter sedan