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Sensex, Nifty Little Changed; FMCG And Auto Shares Surge

RTTNews | Před 1073 dny

Sensex, Nifty Little Changed; FMCG And Auto Shares Surge

(RTTNews) - Indian shares were little changed in early trade on Wednesday despite weak cues from global markets.

Both the benchmark S&P BSE Sensex and the NSE Nifty index traded flat at 59,717 and 17,812, respectively.

Automakers and FMCG firms topped the gainers list, with Nestle India, Eicher Motor, Hero MotoCorp, Hindustan Unilever and Mahindra & Mahindra all rising over 1 percent. Financials, IT and oil stocks were seeing modest losses.

Central Bank of India soared 9 percent after the RBI took out the lender from the so-called PCA framework.

SpiceJet tumbled 3.3 percent on reports that the airline has decided to send around 80 pilots on leave without pay to 'rationalize' costs.

Yes Bank jumped 4 percent after its board approved the sale of $6 billion stressed debt to private equity firm JC Flowers.

Ambuja Cements and ACC fell about 1 percent each on news that the Adani Group has pledged shares valued at about $13 billion in the two cement firms.

Hero MotoCorp gained 1 percent after it partnered with HPCL to establish charging infrastructure for electric vehicles (EVs) in India.

Tata Steel added 1 percent on fund raising reports.

Zydus Lifesciences rose half a percent after launching Lenalidomide capsules in the United States.

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U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | Před 33 minutami

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | Před 1 h 2 min

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | Před 1 h 15 min

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | Před 1 h 31 min

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | Před 2 h 9 min

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | Před 2 h 16 min

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | Před 2 h 49 min

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | Před 2 h 56 min

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