Sensex, Nifty Seen Flat To Lower At Open

RTTNews | vor 2 Tagen

(RTTNews) - Indian shares may open flat to slightly lower on Thursday despite mostly positive cues from global markets.

Amid trade tensions with the U.S., investors may keep a close eye on the meeting of U.S. President Donald Trump and Russian President Vladimir Putin, scheduled to take place on Friday, for directional cues.

Trump has warned of severe consequences if Putin does not agree to stop the war against Ukraine after the meeting in Alaska. He made this announcement after consulting with European leaders.

Benchmark indexes Sensex and Nifty rose around 0.4 percent and half a percent, respectively on Wednesday as new data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years.

The rupee gained 0.31 percent to close at 87.44, marking its highest intraday gain since July 3 on broad dollar weakness in international markets.

The RBI granted permission for persons resident outside India who maintain Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in government securities, including treasury bills, aiming to boost the internationalization of the rupee.

FIIs net sold shares worth Rs 3,644 crore on Wednesday, while DIIs net bought shares to the tune of Rs 5,623 crore, as per provisional data.

Asian markets were broadly higher this morning, even as Japan's Nikkei fell over 1 percent on profit taking after recent strong gains to record highs.

Treasuries were steady after rallying in the prior session while oil rebounded from two-month lows. Gold ticked higher as the dollar extended losses for a third consecutive day.

U.S. stocks rose overnight as tame inflation data released the day before spurred bets of a rate cut at the Fed's September meeting.

The tech-heavy Nasdaq Composite inched up 0.1 percent and the S&P 500 added 0.3 percent to reach new record closing highs while the narrower Dow climbed 1 percent.

European stocks closed mostly higher on Wednesday on easing trade and geopolitical tensions.

The pan European STOXX 600 gained half a percent. The German DAX and France's CAC 40 both rose around 0.7 percent while the U.K.'s FTSE 100 edged up by 0.2 percent.

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.

RTTNews | vor 12Std 23 Minuten

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.

RTTNews | vor 15Std 13 Minuten

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.

RTTNews | vor 15Std 41 Minuten

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 | vor 16Std 0 Minuten

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 | vor 17Std 37 Minuten

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 | vor 17Std 55 Minuten

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 | vor 18Std 24 Minuten

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 | vor 18Std 49 Minuten

EURUSD	1.1698	GBPUSD	1.3551	AUDUSD	0.6504
USDJPY	147.18	USDCAD	1.38173	USDCHF	0.8063