Indian Shares Turning In Mixed Performance In Cautious Trade

RTTNews | hace 849
Indian Shares Turning In Mixed Performance In Cautious Trade

(RTTNews) - Indian shares are turning in a mixed performance Tuesday morning with investors looking for further earning updates and economic from domestic as well as global front, for further direction.

Realty and PSU bank stocks are among the prominent gainers. Shares from the rest of the sectors are mixed.

The benchmark BSE Sensex, which climbed to 60,113.47 in early trades, is down 84.76 points or 0.14% at 59,825.99.

The broader Nifty50 of the National Stock Exchange is down 26.55 points or 0.15% at 17,680.30

Punjab & Sind Bank, which posted a hefty gain in the previous session, is up nearly 6.5% this morning. Indian Bank is gaining about 3%, and Bank of India is up nearly 1.5%.

Sobha, up 5%, is the top gainer in the realty sector. Oberoi Realty, Godrej Properties, DLF and Phoenix are up 1 to 2.3%. Indiabulls Real Estate is gaining nearly 1%.

Bajaj Holding is rising 5.2%. PI Industries is up 2.5%. Muthoot Finance, IndusInd Bank, HCL Technologies, Pidilite Industries, Cholamandalam Finance, McDowell, Indigo and Nukri are also up with notable gains.

Apollo Hospitals Enterprises, Reliance Industries, Tech Mahindra, Bajaj Auto, Adani Enterprises, Titan and Power Grid Corporation are down 1 to 1.4%.

read more
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | hace 4h 31min
Major European Markets Close On Positive Note

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
RTTNews | hace 4h 47min
U.S. Producer Price Growth Far Exceeds Estimates In July

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
RTTNews | hace 7h 14min
U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.
RTTNews | hace 7h 47min
UK GDP Rises More Than Expected

UK GDP Rises More Than Expected

The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday. Although the rate was stronger than the expected growth of 0.1 pe
RTTNews | hace 8h 28min
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
RTTNews | hace 8h 59min
S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
RTTNews | hace 9h 3min