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Sensex Soars 730 Points; Nifty Tops 17,800

RTTNews | 848 dagar sedan

Sensex Soars 730 Points; Nifty Tops 17,800

(RTTNews) - Indian shares were sharply higher on Tuesday amid strength across global markets as a two-day policy meeting of the Federal Reserve gets underway later today.

The benchmark S&P BSE Sensex climbed 730 points, or 1.2 percent, to 59,870 in early trade, while the broader NSE Nifty index was up 224 points, or 1.3 percent, at 17,845.

Among the top gainers, Eicher Motors, Adani Ports, Hindalco, IndusInd Bank and Tata Motors all jumped around 3 percent.

Adani Green rallied 2.5 percent after commissioning a 325-MW wind power project in Madhya Pradesh.

Dish TV soared 6.5 percent, a day after its chairman Jawahar Lal Goel stepped down from the company's board.

Advanced Enzyme Technologies jumped 14.4 percent after Nalanda Equity Fund bought a 2.6 percent stake in the company.

Adani Enterprises added 1.6 percent. The company has raised Rs 100 crore via allotment of 1,000 non-convertible debentures on a private placement basis.

Natco Pharma: gained 2.3 percent. The pharma firm has received a court order allowing it to launch insecticide Chlorantraniliprole (CTPR) and its formulations.

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European Shares Rise As Bond Yields Ease

European Shares Rise As Bond Yields Ease

European stocks edged higher on Wednesday as bond yields eased after the release of softer-than-expected U.S. producer inflation data.

RTTNews | 5h 12minuter sedan

Asian Shares Muted Ahead Of US CPI Data

Asian Shares Muted Ahead Of US CPI Data

Asian stocks ended little changed on Wednesday after reports emerged that U.S. President-elect Donald Trump's economic advisers are discussing slowly ramping up tariffs month by month.

RTTNews | 5h 34minuter sedan

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the pre-European session on Wednesday.

RTTNews | 6h 14minuter sedan

Yen Rises As BoJ Governor Ueda Signals Rate Hike

Yen Rises As BoJ Governor Ueda Signals Rate Hike

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, after Bank of Japan Governor Kazuo Ueda signaled raising interest rates at next week's meeting.

RTTNews | 6h 57minuter sedan

European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and industrial production from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for December. Inflation is forecast to remain unchanged at 2.6 percent. Economists forecast output prices to remain flat on year, following a 0.6 percent drop in November.

RTTNews | 7h 31minuter sedan

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | 7h 39minuter sedan

European Shares Seen Modestly Higher At Open; US CPI Data Eyed

European Shares Seen Modestly Higher At Open; US CPI Data Eyed

European stocks may see modest gains at open on Wednesday as investors await the U.S. consumer price index (CPI) report for December 2024 later in the day for clues on the path of Federal Reserve policy.

RTTNews | 8h 47minuter sedan

Sensex, Nifty Modestly Higher Led By PSU Stocks; Financials Drift Lower

Sensex, Nifty Modestly Higher Led By PSU Stocks; Financials Drift Lower

Indian shares were slightly higher in early trade on Wednesday after bouncing back from a four-day losing streak the previous day on signs of easing retail inflation in the country.

RTTNews | 9h 34minuter sedan

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