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Sensex, Nifty Open Higher In Cautious Trade; Adani Group Stocks Rebound

RTTNews | 1266 days ago

Sensex, Nifty Open Higher In Cautious Trade; Adani Group Stocks Rebound

(RTTNews) - Indian shares opened a tad higher on Wednesday, tracking mixed cues from global markets.

The benchmark S&P BSE Sensex was up 129 points, or 0.2 percent, at 57,743 in early trade while the broader NSE Nifty index was up 44 points, or 0.3 percent, at 16,996.

Adani Enterprises climbed 1.4 percent and Adani Ports jumped 2.1 percent after the Adani Group refuted reports on pledged shares.

SBI Life, Mahindra & Mahindra and Eicher Motors all rose over 1 percent.

Jindal Stainless rallied 3.6 percent after acquiring a 49 percent stake in Indonesia-based nickel pig iron company.

GR Infraprojects soared 4.3 percent on news it has received the Letter of Acceptance (LoA) from the East Coast Railway for a project worth Rs 587.59 crore.

Vedanta rose half a percent after it declared a fifth interim dividend of Rs 20.50 per equity share for the current financial year.

Zydus Lifesciences was marginally higher on receiving the final approval for Loperamide Hydrochloride Capsules from the US FDA.

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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 | 2h 23min 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 | 2h 57min 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 | 3h 12min 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 | 7h 18min 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 | 8h 12min 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 | 8h 21min ago

Yen Falls Against Majors

Yen Falls Against Majors

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

RTTNews | 8h 39min 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 | 9h 8min ago

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