Sensex, Nifty Slightly Lower In Early Trade

RTTNews | il y a 138
Sensex, Nifty Slightly Lower In Early Trade

(RTTNews) - Indian shares were subdued in early trade on Thursday as investors reacted to mixed signals from the Trump administration on its plans for China tariffs.

The benchmark S&P/BSE Sensex dropped 262 points, or 0.3 percent, to 79,853 while the broader NSE Nifty index was down 79 points, or 0.3 percent, at 24,249 ahead of the monthly F&O expiry for April series contracts.

Tata Consumer Products fell 2.4 percent as rising tea costs dragged on its margins. Biocon tumbled 2.6 percent on fund raising reports.

LTIMindtree dropped half a percent after reporting a marginal rise in its quarterly consolidated net profit.

Bajaj Housing Finance rallied 2.3 percent post its strong Q4 results.

Vedanta added 1.5 percent on reports that its parent is exploring the possibility of a U.S. public listing for its Zambian subsidiary, Konkola Copper Mines.

Tech Mahindra, Axis Bank and HUL all were up around 1 percent ahead of their earnings results due today.

read more
French Industrial Output Falls Most In 3 Months

French Industrial Output Falls Most In 3 Months

France's industrial production declined at the fastest pace in three months in July on sharp contractions in production of transport equipment and machinery, signaling a weak start to the third quarter after Prime Minister François Bayrou lost a confidence vote in the Parliament this week. Industrial production logged a monthly fall of 1.1 percent in July.
RTTNews | il y a 50 minutes
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
RTTNews | il y a 1h 52min
CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

The French market is modestly higher on Tuesday with investors somewhat shrugging off data showing a drop in the nation's industrial production in July. Concerns on the political front appear to be weighing on sentiment and limiting market's upside.
RTTNews | il y a 2h 1min
Sensex, Nifty End Higher Led By IT Stocks

Sensex, Nifty End Higher Led By IT Stocks

Indian shares ended modestly higher on Tuesday, tracking mostly positive cues from global markets as weakening labor market data and pressure from the Trump administration bolstered the case for a jumbo rate cut at the U.S. Federal Reserve's upcoming FOMC meeting on September 16-17.
RTTNews | il y a 2h 7min
DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

After a weak start and a subsequent recovery that resulted in a brief spell in positive territory, the German market slipped Tuesday morning, with investors largely staying cautious while looking ahead to the European Central Bank's monetary policy meeting, and some crucial economic data from the U.S. this week.
RTTNews | il y a 2h 38min
Australia Business Conditions Improve; Confidence Falls

Australia Business Conditions Improve; Confidence Falls

Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
RTTNews | il y a 2h 46min