Sensex, Nifty Give Up Early Gains

RTTNews | hace 232
Sensex, Nifty Give Up Early Gains

(RTTNews) - Indian shares were slightly lower on Tuesday, giving up early gains as investors awaited clarity on Donald Trump's trade policies and tariffs.

The benchmark S&P/BSE Sensex was down 96 points, or 0.1 percent, at 76,977 while the broader NSE Nifty index was little changed at 23,354.

UltraTech Cement, Shriram Finance, Hindalco, Apollo Hospitals Enterprise and BPCL climbed 1-3 percent while Kotak Mahindra Bank, Adani Ports, Adani Enterprises and Trent all fell around 1 percent.

Dixon Technologies India plunged 9 percent despite the company reporting a stellar set of Q3 earnings.

Likewise, Oberoi Realty plummeted 5.3 percent despite Q3 net profit rising 72 percent year-on-year.

MCX slumped 5.5 percent as Q3 net profit missed Street expectations.

Vodafone Idea tumbled 3 percent. The company said it hasn't received any communication from the government regarding waiver of AGR dues.

Cipla rose about 1 percent after its Goa facility received form 483 with one observation from the U.S. FDA.

read more
China Falls Back Into Deflation; PPI Continues To Decline

China Falls Back Into Deflation; PPI Continues To Decline

China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth. The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 perc
RTTNews | hace 54 minutos
European Economic News Preview: Italy Industrial Output Data

European Economic News Preview: Italy Industrial Output Data

Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.
RTTNews | hace 3h 20min
Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again

Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again

Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight. Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.
RTTNews | hace 3h 24min
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | hace 5h 23min
Indian Shares Likely To Open Higher

Indian Shares Likely To Open Higher

Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
RTTNews | hace 5h 31min