Sensex, Nifty Seen Slightly Up As Middle East Diplomacy Intensifies

RTTNews | Před 668 dny

(RTTNews) - Indian shares may open marginally higher on Tuesday, tracking firm cues from global markets as focus shifts to corporate earnings.

HDFC Bank, Jio Financial Services and ICICI Securities could be in focus after posting strong earnings for the September quarter.

Bajaj Finance, L&T Technology Services, ICICI Prudential Life Insurance Company and Tata Metaliks are among the prominent companies that will unveil their quarterly earnings results today.

Prime Minister Narendra Modi will virtually inaugurate the third edition of the Global Maritime India Summit 2023 today and unveil a blueprint for the maritime blue economy.

Benchmark indexes Sensex and Nifty ended slightly lower on Monday while the rupee fell by 2 paise to close at a record low of 83.28 against the dollar on rising geopolitical worries.

Asian markets were mostly higher this morning as traders were encouraged by diplomatic efforts from the U.S. and its allies to prevent the Israel-Hamas war from expanding into a wider conflict.

The dollar steadied as Treasury yields eased after climbing in the U.S. trading session overnight.

Gold extended losses for a second day running while oil prices were little changed after falling over 1 percent overnight.

U.S. stocks rallied overnight as earnings optimism helped outweigh concerns over rising bond yields and the ongoing war in the Middle East.

Investors shrugged off the New York Federal Reserve's report showing worsening conditions within its region's manufacturing sector in October.

The Dow advanced 0.9 percent, the S&P 500 climbed 1.1 percent and the tech-heavy Nasdaq Composite added 1.2 percent.

European stocks eked out modest gains on Monday, with financials and mining stocks leading the surge.

The pan European STOXX 600 rose 0.2 percent. The German DAX and France's CAC 40 both edged up around 0.3 percent while the U.K.'s FTSE 100 gained 0.4 percent.

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.

RTTNews | Před 18 minutami

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.

RTTNews | Před 1 h 56 min

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.

RTTNews | Před 2 h 14 min

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.

RTTNews | Před 2 h 43 min

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 | Před 3 h 7 min

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.

RTTNews | Před 3 h 34 min

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 | Před 3 h 41 min

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 | Před 4 h 14 min

EURUSD	1.1703	GBPUSD	1.35574	AUDUSD	0.65072
USDJPY	147.278	USDCAD	1.38119	USDCHF	0.80617