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Sensex, Nifty Cling To Small Gains In Early Trade; Metal Stocks Outperform

RTTNews | 1267 days ago

Sensex, Nifty Cling To Small Gains In Early Trade; Metal Stocks Outperform

(RTTNews) - Indian shares clung to small gains on Tuesday, tracking firm cues from global markets. A cautious undertone prevailed after a sharp rise in oil prices overnight and amid caution ahead of F&O expiry.

The benchmark S&P BSE Sensex was up 103 points, or 0.2 percent, at 7,757 in early trade while the broader NSE Nifty index was up 7 points at 16,993, paring early gains.

Metal stocks traded higher, with Coal India and Hindalco rising 1.1 percent and 1.9 percent, respectively.

Adani Enterprises fell 1.9 percent after it acquired 49 percent stake in Quintillion Business Media Limited. Group firm Adani Ports gave up 2.5 percent.

Aditya Birla Capital gained 1 percent on news it would sell entire stake in its insurance broking business.

HDFC rose 0.6 percent on fund raising reports.

NHPC dropped half a percent ahead of a board meet today to decide raising debt up to Rs 5,600 crore.

PNC Infratech soared 6 percent after it emerged as the lowest bidder for a highway project in Hybrid Annuity Mode with a cost of Rs 819 crore.

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Canadian Market Headed For Weak Close

Canadian Market Headed For Weak Close

he Canadian market is down firmly in negative territory Tuesday afternoon, weighed down by rising bond yields and worries about inflation amid elevated oil prices. The Fed is widely expected to raise interest rate by 25 basis points. The post-meeting comments are eyed for clues about the central bank's future rate path.

RTTNews | 41 minutes ago

Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland stock market ended weak on Tuesday as worries about geopolitical tensions, rising bond yields and elevated oil prices rendered the mood cautious.

RTTNews | 1h 15min ago

European Stocks Close Weak

European Stocks Close Weak

European stock markets ended lower on Tuesday as investors awaited monetary policy decisions from the Federal Reserve, Bank of England, and Bank of Japan. Rising bond yields, elevated oil prices following Saudi pipeline closures, and mixed economic data across the region weighed on sentiment.

RTTNews | 1h 30min ago

New York Manufacturing Index Pulls Back Sharply But Remains Positive

New York Manufacturing Index Pulls Back Sharply But Remains Positive

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth. The New York Fed said its general business conditions index slumped to 7.6 in September from 20.6 in August.

RTTNews | 5h 36min ago

New York Manufacturing Index Slumps Much More Than Expected In September

New York Manufacturing Index Slumps Much More Than Expected In September

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth.

RTTNews | 6h 30min ago

Bay Street Likely To Open On Slightly Weak Note

Bay Street Likely To Open On Slightly Weak Note

Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday.

RTTNews | 6h 39min ago

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.

RTTNews | 6h 58min ago

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

The FTSE 100 recovered from early losses on Tuesday as consumer and real estate stocks rallied. Disappointing employment data and oil price concerns pressured equities, while traders awaited policy guidance from global central banks.

RTTNews | 7h 26min ago

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