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Sensex, Nifty Marginally Lower In Early Trade
(RTTNews) - Indian shares struggled for direction on Friday despite U.S. shares inching to a record high overnight.
The benchmark S&P BSE Sensex was down 50 points at 71,377 in early trade, while the broader NSE Nifty index was down 40 points at 21,678.
Bharti Airtel fell about 2 percent after the Union Cabinet approved auction of telecom spectrum.
Mahindra & Mahindra, BPCL, Hindalco, ONGC and Coal India dropped 2-4 percent.
Paytm slumped 8 percent. Paytm Payments Bank's independent director Manju Agarwal has resigned from the board with immediate effect.
Grasim edged down slightly after posting mixed Q3 results.
LIC gained about half a percent on reporting a 49 percent rise in Q3 profit. Zomato added 1.6 percent on robust Q3 results.
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U.S. Business Inventories Rise In Line With Estimates In June
A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
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1h 1min atrás
U.S. Consumer Sentiment Unexpectedly Deteriorates In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
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1h 19min atrás
U.S. Industrial Production Pulls Back Slightly In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
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1h 48min atrás
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews
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2h 13min atrás
U.S. Consumer Sentiment Index Unexpectedly Decreases In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday.
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2h 39min atrás
U.S. Import Price Growth Exceeds Estimates In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews
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2h 46min atrás
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews
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3h 19min atrás
U.S. Industrial Production Edges Slightly Lower In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July.
RTTNews
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3h 27min atrás
