Sensex, Nifty Subdued In Early Trade On Weak Wall Street Cues

RTTNews | vor 201 Tagen
Sensex, Nifty Subdued In Early Trade On Weak Wall Street Cues

(RTTNews) - Indian shares were subdued on Friday after U.S. stocks fell sharply overnight, with the tech-heavy Nasdaq officially entering into correction territory on tariff worries and renewed concerns about spending on artificial intelligence.

The benchmark 30-share BSE Sensex was down 60 points at 74,279 in early trade while the broader NSE Nifty index slid 15 points to 22,529.

BPCL, NTPC, Shriram Finance, Infosys and IndusInd Bank fell 1-2 percent while Hero MotoCorp, Bajaj Auto and HDFC Life all rose around 2 percent.

RITES surged 4 percent, RVNL gained 1.6 percent, Bharat Electronics rose 1.7 percent and Kalpataru Projects jumped more than 5 percent after winning new orders.

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U.S. Dollar Extends Rise Amid Fed Chair Powell Comments

U.S. Dollar Extends Rise Amid Fed Chair Powell Comments

The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
RTTNews | vor 19 Minuten
FTSE 100 Modestly Lower In Cautious Trade

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Sensex, Nifty Extend Declines For Fourth Day

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Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
RTTNews | vor 1Std 54 Minuten
U.S. Dollar Rises Against Majors

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The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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German Ifo Business Confidence At 4-Month Low

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German business sentiment weakened to a four-month low in September as prospects of an economic recovery suffered a setback, monthly survey results from the Munich-based ifo Institute showed Wednesday. The business climate index fell unexpectedly to 87.7 in September from 88.9 in the previous month. The score was seen at 89.3.
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