Indian Shares Modestly Higher In Choppy Trade; IT Stocks Extend Surge

RTTNews | 8 hari yang lalu
Indian Shares Modestly Higher In Choppy Trade; IT Stocks Extend Surge

(RTTNews) - Indian shares were modestly higher in choppy trade on Friday after posting strong gains in the previous session, led by banking and information technology stocks.

The benchmark 30-share BSE Sensex was up 237 points, or 0.32 percent, at 74,552 while the NSE Nifty index rose 109 points, or half a percent, to 23,115.

Wipro soared 4.6 percent after its second-quarter revenue beat estimates.

Tech Mahindra jumped 6.5 percent after beating second-quarter revenue expectations on the back of robust deal wins.

LTM surged 1.7 percent, Urban Company advanced 1.6 percent and Bajaj Housing Finance gained half a percent ahead of their earnings results due today.

Reliance Industries fell about 2 percent after issuing an update on its satellite services business.

Yes Bank tumbled 2.2 percent, extending losses from the previous session. S&P Global Ratings said the Supreme Court ruling against the bank on the Rs. 8,415 crore write-off of AT-1 bonds would not affect its ratings, though it would weigh on earnings.

Persistent Systems slumped 4 percent after reporting a 25 percent fall in Q2 profit. Jio Financial Services fell about 1 percent after second-quarter profit halved in the absence of a one-time dividend income benefit recorded in the year-ago period.

baca selengkapnya
Canadian Market Remains Weak Despite Coming Off Early Lows

Canadian Market Remains Weak Despite Coming Off Early Lows

The Canadian stock market's benchmark S&P/TSX Composite Index remains firmly down in negative territory Friday afternoon despite regaining a significant portion of the ground it lost in early trades. Concerns about inflation and prospects of interest rate hikes amid elevated oil prices following the latest Houthi attacks on Saudi targets weigh on sentiment.
RTTNews | 13 jam 49 menit yang lalu
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After edging up a bit at the start, the Swiss market retreated and stayed in negative territory throughout the session on Friday. Worries about inflation and possible monetary tightening by several global central banks rendered the mood cautious.
RTTNews | 14 jam 18 menit yang lalu
European Stocks Close Lower On Earnings, Weak Economic Data

European Stocks Close Lower On Earnings, Weak Economic Data

The major European markets closed lower on Friday as largely weak regional PMI data, and concerns about inflation and monetary tightening amid continued rise in oil prices hurt sentiment. France's debt woes and uncertainty about returns on AI-related investments weighed as well.
RTTNews | 14 jam 40 menit yang lalu
U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October. The report said the University of Michigan's consumer sentiment index for October was upwardly revised to 48.0 from a preliminary reading of 46.3.
RTTNews | 17 jam 45 menit yang lalu
Bay Street Look Headed For Weak Start

Bay Street Look Headed For Weak Start

Canadian stocks are likely to open on a weak note on Friday amid concerns about inflation and prospects of interest rate hikes by the Canadian and U.S. central banks. Oil prices are up sharply, while precious metals are notably lower. Canadian retail sales data, and quarterly earnings updates, as well as U.S. PMI reports are set to make a notable impact on price movements.
RTTNews | 20 jam 3 menit yang lalu
Eurozone Private Sector Growth At 4-Month Low

Eurozone Private Sector Growth At 4-Month Low

The euro area private sector softened to a four-month low in October as activity in France shifted back into contraction amid tightening financial conditions and rising political pressures, flash purchasing managers' survey data from S&P Global revealed Friday. The composite output index fell to 51.9 in October from 53.1 in the previous month, falling below the economist forecast of 52.7.
RTTNews | 20 jam 21 menit yang lalu
FTSE 100 Falls 0.5% On Weak Retail Sales, Consumer Confidence Data

FTSE 100 Falls 0.5% On Weak Retail Sales, Consumer Confidence Data

The FTSE 100 declined 52.73 points to 10,672.32 Friday as weak retail sales, declining consumer confidence, and Middle East tensions offset private sector expansion. Retail sales fell 0.4% in September versus forecasts of 0.1%, while consumer sentiment hit its sharpest pandemic-era drop.
RTTNews | 20 jam 24 menit yang lalu