Sensex, Nifty Seen Slightly Lower With Earnings In Focus

RTTNews | vor 591 Tagen
Sensex, Nifty Seen Slightly Lower With Earnings In Focus

(RTTNews) - Indian shares look set to open slightly lower on Monday as investors reacted to mixed earnings results from the likes of Reliance Industries, Hindustan Unilever, ICICI Bank and Kotak Mahindra Bank.

Axis Bank, Bajaj Auto, Colgate-Palmolive (India), Havells India, Pidilite Industries, CEAT, DLF, Tata Steel, Tech Mahindra, TVS Motor Company, Cipla, JSW Steel, and SBI Life Insurance Company are among the prominent companies due to report their earnings results in the holiday shortened week marked with the F&O expiry and the Republic Day holiday.

On the global front, the focus this week centers on key events such as the Federal Reserve's preferred PCE price index, U.S. Q4 GDP release and key earnings results from companies like Intel, IBM Corp. and Netflix.

Asian stocks traded mixed this morning, with Chinese and Hong Kong markets retreating on growth worries while Japan's Nikkei index was up over 1 percent ahead of the highly anticipated Bank of Japan policy meeting.

The dollar struggled to keep gains and gold steadied while oil extended losses for a second day running on concerns over the global oil demand outlook.

U.S. stocks rose sharply to return to record heights on Friday, reflecting continued strength among tech stocks as new data showed a significant improvement in U.S. consumer sentiment and continued decreases in both year-ahead and long-run inflation expectations.

The Dow and the S&P 500 climbed 1.1 percent and 1.2 percent, respectively to set new record closing highs, while the tech-heavy Nasdaq jumped 1.7 percent to reach its best closing level in two years.

European stocks closed slightly lower on Friday as German and British economic data disappointed, and ECB President Christine Lagarde refrained from commenting on monetary policy during her commentary on the economic outlook.

The pan European STOXX 600 declined 0.3 percent. The German DAX ended flat with a negative bias and France's CAC 40 eased 0.4 percent while the U.K.'s FTSE 100 finished marginally higher.

read more
U.S. Services Index Climbs To Six-Month High In August

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
RTTNews | vor 24 Minuten
U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
RTTNews | vor 42 Minuten
U.S. Trade Deficit Widens More Than Expected As Imports Spike

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.
RTTNews | vor 1Std 12 Minuten
U.S. Jobless Claims Rise More Than Expected To Two-Month High

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.
RTTNews | vor 1Std 16 Minuten
U.S. Private Sector Job Growth Slows More Than Expected In August

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.
RTTNews | vor 1Std 33 Minuten
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
RTTNews | vor 2Std 22 Minuten