Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | il y a 543
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Monday despite firm cues from global markets.

The benchmark S&P BSE Sensex was down 46 points at 73,759, giving up early gains. The broader NSE Nifty index was down 23 points at 22,361.

Vedanta rose about half a percent on reports it plans to deleverage its $ 3 billion of debt in the coming three years.

LIC Housing Finance added half a percent on fund raising reports.

Signature Global rallied 1.4 percent after an announcement that it has sold over 1,000 apartments in its luxury housing project in Gurugram for over Rs. 3,600 crores. Godrej Properties jumped 2.4 percent. The company said it has entered into definitive agreements to develop a township project in North Bengaluru.

SJVN advanced 1.5 percent after its subsidiary, SJVN Green Energy, bagged a 200 MW solar project in an e-reverse auction in Gujarat.

Lupin climbed 1.8 percent. Its digital therapeutics platform for cardiac rehabilitation, Lupin Digital Health, plans to increase its customer base by ten times in the coming year.

read more
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | il y a 1h 52min
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | il y a 2h 35min
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | il y a 3h 5min
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | il y a 4h 18min